Canada’s Lundin Mining swings to profit in Q1 2021
Canadian metals mining company Lundin Mining has reported attributable net earnings of $135.2m in the first quarter (Q1) of 2021 compared with…
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In numbers: how mining came to be Australia’s most profitable sector
Mining remains Australia’s single largest sector, and a bastion of stability and profitability amid the uncertain times of the Covid-19…
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Chinese demand for iron turbocharged Fortescue Metals’ profits amidst the Covid-19 pandemic
Fortescue Metals Group (FMG), based in Australia, saw a strong momentum in 2020, while many businesses around the world suffered…
ByCoronavirus company news summary – Agnico Eagle Mines’ profits exceed expectations – Global gold output to drop by 5% in 2020 – Gem Diamonds reports profits as diamond prices increase
29 October Canadian gold miner Agnico Eagle Mines registered a Q3 profit as revenue surged to $980.6m from $683m in…
ByBHP joins international non-profit organisaiton Responsible Steel
Metals and mining major BHP has joined the international non-profit organisation Responsible Steel, signalling its commitment to continue developing a…
South Africa miners face major losses if Covid-19 not contained
A policy brief released by South African research institution Trade and Industrial Policy Strategies (TIPS) has warned that South Africa’s…
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Anglo American Platinum profits soar in company’s first fatality-free year
South African platinum giant Anglo American Platinum has announced that its net profit for 2019 more than doubled over 2018…
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South African mines reported to be unprofitable ahead of wage talks
The South African Minerals Council has reported that three-quarters of the country’s gold mines are unprofitable or are only making…
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