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Chile’s top miners boost production in March
Chile’s top copper mines ramped up production in March even as the coronavirus outbreak took hold, according to data released on Thursday by state copper agency Cochilco, boosted by a sharp spike in output from state miner Codelco. Production at Codelco – the world’s...
Copper price jumps as Chinese imports surge
Copper jumped on Thursday after a rebound in Chinese imports of the metal indicated the country’s manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump. Customs data showed China’s refined copper imports in April rose...
Kirkland Lake’s strong Q1 results boosted by Detour
Kirkland Lake Gold announced on Wednesday results for the first quarter of 2020 with strong year-over-year growth in net earnings and record levels of gold sales. The company reported production of 330,864 ounces, a 43% increase from 231,879 ounces in Q1 2029 and 18%...
Yamana forecasts 31% increase in Jacobina output
Yamana Gold said on Wednesday that the Phase 2 expansion of its Jacobina mine in Brazil could lead to significant increases in production and cash flow generation, reaffirming the mine as a “low-cost and long-life asset.” The Phase 2 expansion project builds on the...