Market Reports
Congo’s State Copper Miner Set for Lowest Output Since 2004
The Democratic Republic of Congo’s state-owned copper miner is on track to deliver its lowest output since 2004, the year...
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First Quantum Minerals Ltd. in friction with the government over tax changes when setting up Copper Mine in Zambia
First Quantum Minerals Ltd. (FM) is starting up a Zambian copper mine to feed an $850 million smelter the Canadian...
Read moreAs Mining Industry Contracts, Zambia Cuts 2014 Growth Estimate
Zambia reduced its estimate for economic growth this year as mining output in Africa’s second-biggest copper producer shrank. Preliminary real...
Read moreAngola Sees 2017 Gold-Output Start in Plan to Cut Oil Reliance
Angola sees production from two gold mines being developed in the country’s north starting in 2017, helping diversify the economy...
Read moreDeclines in mining-industry capital expenditure in 2015, expected by Joy Global Inc.
Joy Global Inc. (JOY), the world’s largest maker of underground mining machinery, said it expects to see further declines in...
Read moreSherritt International stock soars on U.S.-Cuba deal, but still business as usual for Canadian firms in Cuba
TORONTO • In the short-term, the diplomatic breakthrough between the United States and Cuba changes very little for Sherritt International...
Read moreGold hedging slips in Q3, but still healthy for year
For a long time, “hedging” was a very bad word in the gold mining business. But hedging has enjoyed a...
Read moreBHP Billiton downgraded as financial flexibility looks weak
BHP Billiton PLC was downgraded at RBC Capital Markets as a result of its challenging cash flow outlook and doubts...
Read moreTeck Resources Ltd maintains commitment to dividend as yield reaches 7%
Teck Resources Ltd. maintains it has no plans to cut its $510-million dividend, even as investors send its yield to...
Read moreWorld’s Biggest Miner BHP Shifting Focus to Copper From Iron Ore
The world’s largest mining company BHP Billiton Ltd. (BHP) said it’s shifting the focus of investments in new projects to...
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