Newmont profit beats on higher output, gold prices

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.

After a stunning week of gains iron ore is now trading 22% above record lows hit early April.

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

Beijing had been widely expected to eliminate tariffs and quotas on rare earth shipments after a World Trade Organization panel branded them discriminatory last year.

Outlook is unchanged.

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

Jumps 6% on Wednesday to four-week highs despite record-setting production numbers from Big Three.

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.