Anglo American half-year profit best in its 104-year history
The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.
South America
US markets rise, July 19-23
The Dow Jones Industrial Average rose 1.08% to finish the week at 35,061.55 and the S&P 500 climbed 1.96%% to 4,411.79. Spot gold dropped US$10.00 per oz., or 0.55%, to US$1,802.20…
TSX Venture down, July 19-23
The S&P/TSX Venture Composite Index dropped 0.63% to finish the trading week at 902.56. Spot gold fell US$10.00 per oz., or 0.55%, to US$1,802.20 per ounce. Nouveau Monde Graphite climbed 39¢ to $8.95….
TSX up, July 19-23
The S&P/TSX Composite Index rose 1.02% to 20,188.43 during the July 19-23 trading week. The S&P/TSX Global Mining Index climbed 0.50% to 107.36, and the S&P/TSX Global Base Metals Index…
Top Ten U.S. miners
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
Newmont to decide on $2 billion project in Peru by year-end
Yanacocha Sulfides would allow operations at the massive gold mine to continue beyond 2040.
Antofagasta says drought could hit full year production
Chilean miner Antofagasta (LSE: ANTO) saw copper output fall 2.8% to 361,500 tonnes in the first half of 2021 and warned that full-year production guidance, unchanged for now, could be…
Rio2 to raise up to US$135 million for Fenix gold mine construction
The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022.
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Lundin’s Fruta del Norte gold mine continues to exceed expectations
Lundin Gold (TSX: LUG) has reported record gold production for the second quarter of 2021, only sixteen months after its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, kicked off…
Alpha Lithium produces lithium products from Tolillar salar in Argentina
Vancouver-based junior Alpha Lithium’s (TSXV: ALLI; US-OTC; ALLIF) wholly-owned Tolillar salar project in Argentina, about 170 km southeast of the city of Salta, has the potential to be a significant source…
US markets rise, July 5-9
The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%,…