Magna tables PFS with ‘base-case’ plan for San Francisco gold mine

Executive Chairman John L. Thornton discusses company’s new global employee share plan.

World number four miner announces ambitious production, reserves and cost-cutting targets.

The company has loaded 26,500 tonnes of iron ore onto three ships at the company's port of Ponta de Madeira.

Annual consolidated production in 2016 was 145,530 gold equivalent ounces, down from the 154,529 gold equivalent ounces mined in 2015, but liquid assets now worth $64 million.

Experts and industry actors interviewed by MINING.com see prices picking up this year, driven by declining supplies and the prospect of increased demand coming from construction, electric vehicles and other renewable technologies.

As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.

The new section of the Toquepala open-pit mine in southern Tacna, Peru, is expected to begin operations in early 2018.

Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.

Operations have been halted since Friday, when one of the two unions blocked all access to El Peñón as a way to press management.