October 24, 2018 Copper price drop prompts expansion rethink at top producer Freeport-McMoRan CEO Richard Adkerson says reduced spending on large-scale projects will add to the impending supply gap on global copper markets.
October 24, 2018 Freeport CEO says miner not actively looking to sell itself soon Any strategic move would be possible -- as long as it’s in the best interests of shareholders.
October 24, 2018 Australia’s Newcrest mining Q1 gold output rises 5% Despite 5% rise in output, Newcrests stock has fallen more than 9% this year.
October 24, 2018 Antofagasta cuts copper output guidance, sees increase in 2019 Company now expects to produce between 705,000-725,000 tonnes this year, down from the earlier 705-740,000 tonnes target.
October 23, 2018 Caterpillar plummets after flagging tariffs-triggered high material costs The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the…
October 23, 2018 Greatland finds copper, silver and gold at Australia project’s Scallywag target Precious metal minersaid the target represents "a high priority" for further exploration given its large size.
October 22, 2018 Congo sets deadline for plan on 11,000-megawatt hydro plant 'There have been tenders, lots of meetings, lots of promotional activities, but it’s only today that we have for the first time a legal document'
October 22, 2018 Jacobs to sell energy unit to WorleyParsons for $3.3B The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO
October 22, 2018 Brazilian pension fund Previ won’t sell Vale shares before year end- CEO Previ intends to reduce its stake in the miner over the medium-term.
October 22, 2018 Glencore boss Ivan Glasenberg to retire in 3-5 years — report He is said to have already begun training three to four people to succeed him in the job.
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm
