Anglo American’s sale of its Brazilian nickel business to China’s MMG Ltd is a corporate win-win. Anglo gets to deliver on its promise to shareholders to simplify its portfolio and pockets up to $500m. MMG, which is already a major producer of copper, ...
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How Much Money Can a Mobile Stone Crusher Save?
The mining and aggregate industries are continuously evolving, with businesses striving to maximize efficiency while reducing costs. One significant development that has contributed to cost savings in these industries is the mobile stone crusher plant. This innovative piece of equipment ...
Gold eases after hitting record, safe-haven flows remain strong
Gold prices hovered near an all-time-high on Tuesday, as fears of a trade war and instability amid U.S. President Donald Trump’s tariff plans drove safe-haven flows. Spot gold fell 0.4% to $2,940.03 an ounce by 0916 GMT, after reaching $2,956.15 ...
Newmont beats fourth-quarter profit estimate on higher gold production, prices
Feb 20 (Reuters) – Newmont beat analysts’ estimate for fourth-quarter profit on Thursday, as the world’s biggest gold miner benefited from a rally in bullion prices and higher production. Average price of gold has been rising over the past few quarters ...
Canada's Teck beats fourth-quarter profit estimates on strong copper production
Canadian miner Teck Resources beat analysts’ estimates for fourth-quarter profit on Thursday, helped by higher copper production volumes at its Chile mine. Total copper output in the quarter came in at 122,100 tonnes, a 19% jump from a year earlier, with ...