Gold – MINING.com
Gold bulls, brace yourselves – Fed hikes are coming!
Thu, 22 Feb 2018 19:32:13 +0000

Gold may stay under pressure, especially that political uncertainty related to the Italian national election is likely to weigh on the euro in the near term.

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Sibanye-Stillwater turns off dividend tap after annual loss
Thu, 22 Feb 2018 19:06:01 +0000

In lieu of the cash dividend, it will undertake a "capitalisation issue" that will see four ordinary shares given to shareholders for every 100 they hold.

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Kaz Minerals sets higher output targets for 2018 as profits jump
Thu, 22 Feb 2018 18:50:46 +0000

Kaz Minerals reported a jump in 2017 sales and production as its main mines ramped up and said it expected its 2018 output to rise as much as 16%.

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Barrick to hike gold output as Newmont gets too close to being world’s top producer
Thu, 22 Feb 2018 17:03:28 +0000

Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.

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Barrick clings to top gold miner title as Newmont falls short
Thu, 22 Feb 2018 12:22:35 +0000

About 50,000 ounces — roughly 125 gold bars — is all that stands in the way of Newmont overtaking Barrick as world's No.1 bullion miner.

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Anglo American 'shows off' — doubles profits, halves debt, pays highest divvy in a decade
Thu, 22 Feb 2018 11:40:28 +0000

Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.

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Canada the world's overall top mining destination, despite Saskatchewan fall
Thu, 22 Feb 2018 10:00:17 +0000

That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.

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Fremont to acquire property in world’s second richest gold province
Thu, 22 Feb 2018 00:46:33 +0000

Barrick Gold’s Goldstrike mine complex and Newmont’s North and South Carlin complexes are located in this area.

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Southern Copper to splash $2.5 billion on Peru project
Wed, 21 Feb 2018 20:40:19 +0000

Winning bidder for Michiquillay project says production will start in 2025 to become one of the largest mines in the world's number two producing country.

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Hochschild says Peru mine to bolster output this year
Wed, 21 Feb 2018 18:46:20 +0000

Hochschild Mining Plc expects production to grow slightly this year as it ramps up output at the Pablo vein at its Pallancata mine in Peru

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Russia's central bank gold hoard is now bigger than China's
Wed, 21 Feb 2018 17:53:34 +0000

Russia has overtaken China as the fifth-biggest sovereign holder of gold.

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China Hanking bids for Australia's Primary Gold
Wed, 21 Feb 2018 15:40:01 +0000

China Hanking, already owns 8.4 percent of Primary Gold, a company with interests in the Coolgardie gold project in Western Australia and the Mt Bundy gold project in the Northern Territory.

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Apple in talks to buy cobalt directly from miners — report
Wed, 21 Feb 2018 13:48:09 +0000

Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.

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Miners rich in cash are aiming for fat dividends, debt payments
Wed, 21 Feb 2018 12:35:11 +0000

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

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Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever
Wed, 21 Feb 2018 11:44:28 +0000

The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.

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