Mining People: Asante Gold, C3 Metals, Endeavour Mining, Newmont, SolGold Key moves in the mining sector. Staff Writer | August 19, 2022 | 6:00 am
World’s largest uranium miner Kazatomprom ups 2024 production goals The Kazakhstan-based miner aims to produce 25,000-25,500 tonnes in 2024, about 10% above levels targeted for 2023. Cecilia Jamasmie | August 19, 2022 | 3:45 am
MMG’s troubled Las Bambas copper mine in Peru still has no timeline for expansion Las Bambas, whose operations have often been disrupted by protests from neighboring indigenous communities, accounts for 2% of global copper supply. Reuters | August 18, 2022 | 4:17 pm
Newcrest Mining cuts dividend, posts profit drop amid lower output Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier. Reuters | August 18, 2022 | 4:07 pm
Copper deficit a critical destabilizing threat to international security, says S&P Global "Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil". Henry Lazenby | August 18, 2022 | 3:43 pm
Glencore to end silver streaming deal with Wheaton on Peru mine Glencore currently owns and operates the Yauliyacu mine, which has been producing minerals for over 100 years. Reuters | August 18, 2022 | 3:41 pm
Another coal plant wins lifeline despite Biden’s green push CenterPoint plans to keep operating the 90-megawatt F.B. Culley 2 unit near the Ohio River until 2025. Bloomberg News | August 18, 2022 | 3:07 pm
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global Softer numbers translated into depressed equity market support for the mining industry. Henry Lazenby | August 18, 2022 | 2:44 pm
Stratabound Minerals reports significant increase in Fremont gold resources, stock rises The indicated gold resource now totals 1.16 million oz., representing an increase of 121% over the previous estimate. Staff Writer | August 18, 2022 | 2:38 pm