Livent boosts forecast on bullish outlook for lithium prices, demand The company posted net income of $114.8 million for Q2, compared to $53.2 million in the year-ago period. Reuters | May 2, 2023 | 1:59 pm
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid Newmont says its April 2019 merger with Goldcorp has released more than $1 billion in synergies six months earlier than planned. Henry Lazenby | May 2, 2023 | 1:16 pm
Generation Mining arranges $400m debt facility to advance Marathon project The debt facility gives Generation a total of C$740 million for mine and mill construction. Staff Writer | May 2, 2023 | 11:33 am
Harmony Gold reports fatality at Kusasalethu mine The company said the accident occurred on April 30 and that it had temporarily ceased work in the affected section. Reuters | May 2, 2023 | 10:43 am
Russian gold in hands of obscure firms as JPMorgan, HSBC exit Dozens of logistics firms and merchants that are small players in the gold sector have taken over the Russian bullion trade. Bloomberg News | May 2, 2023 | 10:02 am
Charted: Commodities vs equity valuations (1970–2023) The commodities-to-equities ratio recently hit a 50-year low. In the past, when this ratio reached such levels, commodity supercycles began. Visual Capitalist - Elements | May 2, 2023 | 9:39 am
BMC Minerals expands Yukon portfolio with Kona copper-gold deal The Kona open pit and underground deposit hosts total indicated resources of 3 million tonnes grading 1.4% copper, 0.7 g/t gold and 4 g/t silver. Staff Writer | May 2, 2023 | 9:22 am
Atlas Lithium secures $20 million from royalty sale to expedite Neves project in Brazil The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp. Staff Writer | May 2, 2023 | 9:18 am
Hummingbird Resources expects first gold pour at Kouroussa this quarter Kouroussa is forecast to produce an average of 100,000 ounces of gold per annum over an initial seven year LOM. MINING.COM Staff Writer | May 2, 2023 | 9:09 am