Lower output, high costs to pressure Newmont, Barrick earnings

Bear Creek expects to receive anti-trust approval for the deal next month.

With Camino Rojo ramping up production and beginning to generate cash flow, Orla will gradually increase exploration expenditures.

Margins are way above historical norms, and such a drastic divergence of price and production cost cannot last indefinitely, says WoodMac.

The miner said it is proceeding with the Disposition for investment portfolio management purposes.

Newmont will invest $2.5 million to kickstart the exploration alliance’s activity in the Tethyan Belt.

The company calls reaching the Area 51 zone a ‘significant milestone’ in that it allows tightly spaced underground drilling, geologic mapping and grade control sampling to proceed for the first time.

Suncor Energy tapped LNG Canada chief executive Peter Zebedee to head its mining and upgrading operations.

War in Ukraine and the redrawing of the Iron Curtain around Russia threatens to turn a regional energy crisis into a global one.

Global copper mine production grew on average 2.3% in 2021, from a low base.