Gold miners’ fat profits

The major gold miners’ soon-to-be-reported Q3 profits are poised to skyrocket.

Adam Hamilton - Zeal Intelligence | October 20, 2023 | 10:56 am

Panama’s president gives final approval to First Quantum copper mine contract

The bill was approved in a third and final brief…

Reuters | October 20, 2023 | 9:21 am

Challenge for world’s biggest robot trains is going electric

Rio Tinto is preparing for trials of battery-powered locomotives in…

Bloomberg News | October 20, 2023 | 9:03 am

Boliden’s profit falls as lower prices, grades weigh

Shares in the group fell 29% year-to-date.

Reuters | October 20, 2023 | 8:47 am

Japan’s JFE Steel eyes stake in Teck’s coal business – sources

JFE Steel holds 15% equity in India's JSW Steel, which was also exploring…

Reuters | October 20, 2023 | 8:18 am

Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu gold mines

Barrick plans to expand its East African footprint using the North Mara and Bulyanhulu gold mines in Tanzania as a foundation for this endeavour.

Staff Writer | October 22, 2022 | 4:33 pm

Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC

An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.

Reuters | October 21, 2022 | 5:31 pm

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

Bloomberg News | October 21, 2022 | 3:21 pm

Vale CEO says miner will spin off copper, nickel unit

Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.

Reuters | October 21, 2022 | 11:08 am

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

Bloomberg News | October 21, 2022 | 10:32 am

ISS sides with top Turquoise Hill investors in dismissing Rio takeover

ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said.

Bloomberg News | October 21, 2022 | 9:00 am

Copper faces long-term shortage as demand outruns supply

BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.

Bloomberg News | October 21, 2022 | 8:12 am

BHP chief executive cautiously optimistic about China’s economic growth

The International Monetary Fund forecasts China's GDP will expand by just 3.2% this year, down from 8.1% growth in 2021.

Reuters | October 21, 2022 | 7:58 am

Rio Tinto board needs mining skills, geographical diversity – chairman

The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas.

Reuters | October 21, 2022 | 7:54 am

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