Gold price rally surprised even world’s top 30 analysts

Production costs in Chile, the world’s No. 1 copper producer, were 5.4% higher last year when compared to its global peers’ average.

Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.

Output of the precious metal in the three months to Sep. 30 increased 20% to 3.1 million ounces — a new quarterly record.

Ecuador began last month granting licences for new exploration areas, with over 300 of them to be awarded by the year-end.

The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

2,000 ounces of gold were stolen from the Jacobina mine in Brazil.