CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

Frik Els | July 21, 2023 | 2:35 pm

Gold stock 50dma breakout

Gold stock technicals are dramatically improving, turning increasingly bullish.

Adam Hamilton - Zeal Intelligence | July 21, 2023 | 9:55 am

NGEx Minerals more than doubles private placement, stock gains

The net proceeds will be predominantly used for its Lunahuasi exploration project in San Juan province, Argentina, and Los Helados project in Region III, Chile.

Staff Writer | July 21, 2023 | 8:42 am

Newcrest drops after potential buyer Newmont’s weak second quarter

Shares of Newcrest Mining Ltd fell as much as 5.4% on Friday, marking its worst intraday fall in nearly 10 months.

Reuters | July 21, 2023 | 7:47 am

Western Australia’s mining sector was key for post-covid-19 economic recovery – report

International trade and a thriving mining and resources sector were crucial for the recovery of Western Australia’s economy following the covid-19 pandemic.

Staff Writer | July 21, 2023 | 6:06 am

Ecuador, SolGold seal deal to launch nearly $5bn mining project

Construction of the Cascabel mine is seen starting in 2025, with operations kicking off in 2030.

Reuters | July 20, 2023 | 5:14 pm

Austral Gold begins commissioning of Chilean heap reprocessing project

Production is expected later this month, lasting until 2033.

Staff Writer | July 20, 2023 | 3:01 pm

Barrick Gold targeted by Russian cybercriminal group Clop in global data theft that hit Sun Life, Vancouver transit police

Clop’s modus operandi is to demand ransom in return for not publishing the data stolen, or to sell it to a third party.

Niall McGee - The Globe and Mail | July 20, 2023 | 11:28 am

Indian gold miner soars to 15-year high after asset-buying spree

Deccan Gold Mines has rallied to its highest share price since 2008 after it went on a global buying spree following a struggle to mine locally.

Bloomberg News | July 20, 2023 | 9:52 am

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