BHP profits surge 39% — declares 2nd highest dividend on record Production and unit costs at all its major assets are on track to achieve full-year guidance. MINING.com Editor | February 17, 2020 | 2:32 pm
Coronavirus stalled First Quantum’s Zambian stake sale talks The virus outbreak is preventing face-to-face meetings with potential Chinese buyers. Bloomberg News | February 17, 2020 | 11:05 am
Newmont’s gold reserves surpass 100moz, largest in company history This represents a 53% increase over the 65.4 million ounces recorded in 2018. Jackson Chen | February 17, 2020 | 10:53 am
Rio Tinto cuts Pilbara shipment outlook after cyclone Damien Rio last month reported a 3% drop in iron ore shipments for 2019. Reuters | February 17, 2020 | 9:27 am
Egypt eyes gold rush with fresh exploration tender by March The industry is anticipating the swift awarding of exploration licenses under the new regulations. Bloomberg News | February 17, 2020 | 9:21 am
Britain’s Royal Mint launches gold-backed securities tradable on LSE Exchange-traded products hold almost 3,000 tonnes of gold worldwide, worth around $140 billion at current prices. Reuters | February 17, 2020 | 9:07 am
Amplats CEO to step down, earnings soar Higher metal prices had driven annual headline earnings per share nearly 2.5 times higher. Reuters | February 17, 2020 | 9:00 am
Joint ventures on the increase in mining finance, says industry specialist Mining companies are also increasingly looking at where they can raise capital protection. Global Data | February 17, 2020 | 8:59 am
Gold diggers resist the rally’s lure It’s all a far cry from the mood of the 2000s bull run. Bloomberg Opinion | February 17, 2020 | 8:56 am