Pretivm is the owner of Brucejack in British Columbia, one of the highest-grade operating gold mines in the world.

The CO2 reductions represent Scope 1 emissions for Oldendorff and Scope 3 emissions for Teck.

AngloGold’s new “simplified structure” will mean local managers report only to the chief operations officer and chief executive officer.

Miner has now raised its capex estimate to $610 million in 2022 and $590-million in 2023 compared with a previous forecast of around $500-million in each year.

The miner recorded a cash flow of $342 million in the third quarter of 2021, compared to $318 million in the second quarter.

Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800.

Mining heavyweights such as BHP and Anglo American have nothing to fear if former student protest leader Gabriel Boric becomes Chile’s next president, according to one of his top advisers.

Protests against miners in Peru, the world's No. 2 copper producer, have escalated in recent weeks.