Mining News
Coal miner New Hope reports 'exceptional' performance in FY23 with net profit exceeding A$1 ...
(Kitco News) - Australian coal miner New Hope yesterday announced “exceptional” performance across its business for the year ended 31 July 2023 (FY23), underpinned by strong demand and global supply constraints, which pushed thermal coal prices to record ...
'Chronic under investment' - Tavi Costa on why commodities are headed higher
(Kitco News) - Tavi Costa, macro strategist at Crescat Capital, is a contrarian when it comes to the market's expectation of Federal Reserve rate cuts.
Shanta Gold's profit jumps in H1 2023 on strong production and higher gold prices
(Kitco News) - Africa-focused gold producer Shanta Gold (AIM: SHG) said today that in H1 2023, the company produced 44,771 oz of gold (H1 2022: 28,947 oz) and generated record revenues of $88.3 million (H1 2022: $51.9 million).
Sierra Metals puts Cusi silver mine on sale block, pivots toward copper
(Kitco News) - Sierra Metals (TSX: SMT) (OTC Pink: SMTSF) announced today that it has placed the Cusi silver mine in Mexico on care and maintenance and initiated a process to sell the mine.
Uranium primed to extend rally on resurgent nuclear power, say analysts
Sept 20 (Reuters) - Uranium prices are likely to extend a blistering rally and end the year more than 50% higher as mounting worries over climate change accelerate a global shift to cleaner sources of energy including nuclear power, analysts said.
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