Lundin Mining hits 2022 guidance, revenue over $2.2 billion
However, comparison between the 2022 results and those of 2021 show a marked drop. Revenue in 2022 was C$3.04 billion, compared to C$3.33 billion...
Li-FT to raise C$30 million for lithium exploration at Yellowknife project
The gross proceeds of the offering will be used for exploration purposes at the company’s lithium property which covers the majority of the Yellowknife...
Rio Tinto to spend $40m on Diavik mine expansion
A second phase an additional cost will be put forward for approval in 2024, Rio said.
Phase one below A21 is slated to produce an...
Gold Fields not pursuing big M&A deals after Yamana disappointment
Last November, Gold Fields’ attempt to buy Yamana was scuppered by a rival offer from Agnico Eagle and Pan American Silver Corp.
Gold Fields’ interim...
Newmont misses quarterly profit estimates
For 2023, Newmont has given production guidance between 5.7 and 6.3 million gold ounces and guided for all-in sustaining cost between $1,150 and $1,250...
