Gold price has much more upside than downside risk, says Barrick CEO

In an interview with the Financial Post, Barrick chief executive Mark Bristow said that the market is underestimating the damages from tightening cycles.

Staff Writer | December 11, 2023 | 11:25 am

Freeport Resources awarded licence renewal for Yandera copper project in PNG

The renewal would allow Freeport to begin work on a definitive feasibility study for what it calls one of the world's largest undeveloped copper resources.

Staff Writer | December 11, 2023 | 9:17 am

Video: Braskem’s mine rupture in Brazil causing fear of collapse

A breach at a rock salt mine in Alagoas state, in Brazil’s northeast, has heightened concerns about an imminent total collapse.

Staff Writer | December 11, 2023 | 9:05 am

China likely to beat Europe, US in meeting battery metals demand through recycling – study

China is the most likely candidate to first meet its entire demand for lithium, cobalt and nickel through recycling

Staff Writer | December 11, 2023 | 6:06 am

Glencore deploys autonomous trucks at Lomas Bayas copper mine

Through its Lomas Lab, Glencore introduced four autonomous trucks at the Lomas Bayas copper mine in northern Chile.

Staff Writer | December 10, 2023 | 8:53 am

Power plants can now (re)use wastewater from oil and gas extraction

Using two kinds of industrial wastewater to decontaminate each other has the potential to slash a power plant’s total water use.

Staff Writer | December 10, 2023 | 6:43 am

Xanadu delivers substantial resource upgrade for Kharmagtai ahead of PFS

Kharmagtai now boasts 790 million tonnes of indicated material containing 2.1 million tonnes of copper and 5.6 million ounces of gold.

Staff Writer | December 8, 2023 | 2:48 pm

Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissions

The Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages.

Staff Writer | December 8, 2023 | 12:50 pm

Panama government orders First Quantum to end copper operations

Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.

Staff Writer | December 8, 2023 | 9:55 am

Gold price falls to near $2,000 level on strong US jobs data

The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate.

Staff Writer | December 8, 2023 | 8:51 am

Anglo American shares plunge after production cuts

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.

Staff Writer | December 8, 2023 | 8:07 am

Mining People: BHP, CNX Resources, Honey Badger, Lundin, Maritime Resources, Vale Base Metals

Key moves in the mining sector.

Staff Writer | December 8, 2023 | 6:54 am

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