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The full story: In-depth news and analysis

Gold miner Norgold has acquired 19.9% of Aussie explorer Cardinal Resources and its advanced Ghana gold project, and flagged a cash bid for the rest. By Mark Mentiplay

Kingsrose Mining cranking up to extend and increase its Sumatra gold operations beyond mid-FY2020

Kirkland Lake to shut down 2 of its “non-core” Australian gold operations. About 250 to lose their jobs

New mine production lifts Endeavour Mining gold output 6% to 651,000oz and profit to 39% to $74M

Anglo American Platinum is facing the loss of nearly 1Moz platinum group metals and gold, with a likely $US1B decline in earnings, after fears of a catastrophic explosion forced the closure of a key process unit at its Waterval smelter in South Africa.

New owner Anglo American says it has the financial resources and capabilities to achieve a successful development of the North Yorkshire polyhalite project that broke Sirius Minerals.

With both of its gold operations hit by serious FY19 shutdowns, one following a 39-death worker convoy ambush, SEMAFO has managed a $$50+ profit

Australia’s credit agency confirms its interest in funding support for EcoGraf’s battery graphite purification plant development in WA and Renascor Resources’ flake and spherical graphite project in SA.

With the completion of the Leagold merger/takeover this month, Equinox Gold is set to dramatically increase gold production from 2 to 6 mines and move well into the black from FY19’s reduced $20.3M loss

After 10 years and nearly 1Moz of gold production at its Co-O mine in the Philippines, Medusa Mining is looking beyond its recent struggles with a start of work nearing for the $48M decline to target additional mineralisation it expects to find at greater depths.

A major mine closure and the sale of a major asset sees a new Avino Silver & Gold coming from a profit-to-loss base

With the bulk of its commodity output down, Hudbay Mins has fallen from profit to a $343.8M loss

Eldorado Gold’s FY19 move into the black flags a bright future, already based on increased prodn and more flagged for FY20

It wasn’t just $1.1B of impairments that has cut Teck Resources’ FY profit to $399M from $3.1B

World gold major Newmont’s recent global acquisitive machinations have taken the company to a $2.87B profit with more expected as the various projects settle in

The follow-up to Kirkland Lake Gold’s record FY19 year is expected to include records as the effects of the recent Detour Gold acquisition bite

A 120,000oz gold fall and a $395M impairment charge have powered IAMGOLD’s FY19 loss blowout to $412.6M

Anglo American’s FY19 profit has tied with the previous year at $3.54B in a year that saw the majority of commodity production down

In the wake of a $96M profit for FY19, Alamos Gold has confirmed a production decline to continue through FY20

$2.8B of impairments has seen global major Glencore collapse from a FY/CY18 $3.4B profit to a $404M FY/CY19 loss

Anglo American Platinum has emerged from power load shedding and a strike to more than double FY19 PGM production and lift its annual div from R11.25 to R52.6ps

The proposed development of one of the world’s largest and highest-grade zircon and ilmenite-rich mineral sands ore reserves has been scaled back after the failure of Sheffield Resources to line up project funding through a strategic partner process.

Agnico Eagle has followed up a very profitable FY19 on increased gold production by cutting FY/CY20 output expectations

It’s cost some money, but First Quantum is now on track to lift FY20 copper production well past 800,000t and gold past 280,000oz

Pretium is expecting FY20 gold production to follow FY19’s downward trend, which managing a small increase in profit to $41M

Barrick Gold has gone from a big FY18 loss to an even bigger FY19 profit, while cutting debt in half and lifting Q4 19 dividend 40%

Capstone is predicting a 20% copper prodn jump and 10% lower costs by 2021 after lower FY19 output cuts net loss TO $16.2M

Centerra is expecting higher gold/copper prodn in FY20 after lifting FY19 output to 783,308oz and copper to 71.1Mlbs

Northern Star basks in strong increases in revenue, earnings and cashflow in the December half-year, with even more to come from its acquisition of the 50% management interest in the Kalgoorlie Super Pit and the rapid improvement of its Pogo project in Alaska, USA.

PNG mines minister clears the way for JV partners Newcrest Mining and Harmony Gold to reopen negotiations with the national government on a special mining licence for the giant Wafi-Golpu gold and copper project.


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