Gold Road Resources has released its half-yearly results, sharing record profits. Revenue from gold sales for the six months totalled $229 million, up from $196.5 million the previous financial year (FY22). Gold sales reached 80,115 ounces, outstripping the 79,606...
The next step in the integration of SP Mining (the mining related business of Schenck Process acquired by global, high-tech engineering group Sandvik), will see SP mining entities change their names to reflect the new ownership. On the October 1, Schenck Process...
AngloGold Ashanti has appointed Richard Jordinson as its new chief operating officer (COO) in a move which will take effect from October 1. Jordinson has previous experience working within multiple jurisdictions in both operating and leadership positions. He first...
Rio Tinto and First Quantum Minerals have completed a transaction to form a joint venture that will work to unlock the development of the La Granja project in Peru. One of the largest undeveloped copper deposits in the world, La Granja is a complex...
Off the heels of announcing its new chief executive officer (CEO), Fortescue has achieved underlying net profit after tax (NPAT) of $8.5 billion in the 2023 financial year (FY23). Other financial highlights from the major miner’s FY23 report includes...
The UK’s fraud cops quietly dropped two long-running investigations into iron-ore giant Rio Tinto and Kazakh miner Eurasian Natural Resources Corp (ENRC). without bringing any charges, in another setback for the agency that’s committed significant resources to...
