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Freeport to grow copper, gold volumes by up to 40%

Freeport to grow copper, gold volumes by up to 40%

Freeport-McMoRan announced on Monday that it will grow its copper and gold volumes by 30 to 40%. The company also said it will reduce net unit cash costs of copper by 25% to approximately $1.30 per pound and more than double its cash flows by 2021, compared with 2019....
Alkane encounters NSW high grade gold intercepts

Alkane encounters NSW high grade gold intercepts

Alkane Resources has delivered high grade gold results for the Roswell prospect in East Lachlan, New South Wales, with its resource definition drilling program nearing completion. Roswell prospects’ latest intercepts include one metre grading at 38.9 grams of gold per...
Barminco breaks into Canada with Barrick agreement

Barminco breaks into Canada with Barrick agreement

Barminco is set to provide Barrick with underground mining services at the Hemlo gold mine in the Marathon mining district of Ontario, Canada. The proposed contract reflects Barrick’s move to phase out Hemlo’s open pit operation and switch to a contract-based...
Overview Market Close – March 09, 2019

Overview Market Close – March 09, 2019

Americas Name Value Net Change % Change DOW JONES INDUS. AVG 23,851.02 -2,013.76 -7.79% S&P 500 INDEX 2,746.56 -225.81 -7.60% NASDAQ COMPOSITE INDEX 7,950.68 -624.94 -7.29% NYSE COMPOSITE INDEX 11,298.43 -1,053.60 -8.53% S&P/TSX COMPOSITE INDEX 14,514.24...
Australian nickel output to defy global deceleration

Australian nickel output to defy global deceleration

Australia is set to grow its nickel production against a significant global slowdown for the commodity over the next decade, according to Fitch Solutions. The world’s nickel ore production could fall by 15.4 per cent year-on-year in 2020 due to the introduction of a...
Overview Market Close – March 06, 2019

Overview Market Close – March 06, 2019

Americas Name Value Net Change % Change DOW JONES INDUS. AVG 25,864.78 -256.50 -0.98% S&P 500 INDEX 2,972.37 -51.57 -1.71% NASDAQ COMPOSITE INDEX 8,575.62 -162.98 -1.87% NYSE COMPOSITE INDEX 12,352.03 -241.00 -1.91% S&P/TSX COMPOSITE INDEX 16,175.02 -378.97...
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