Anglo American 'shows off' — doubles profits, halves debt, pays highest divvy in a decade

Having trouble viewing this email?  View online Mining News Digest Friday 23 February 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Anglo American 'shows off' — doubles profits, halves debt, pays highest divvy in a decade Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden. read » Zimbabwe resumes diamond sales, expects to auction 1.56 million carats A test sale was conducted and, according to the Minister of Mines, it was a total success. read » Mandalay's coffers suffered from Cerro Bayo's downtime The CEO of Mandalay dubbed 2017 as a challenging year for his company. read » Cobalt price: Supply scramble heats up with Canadian deal Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit. read » Barrick to hike gold output as Newmont gets too close to being world's top producer Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021. read » De Beers diamond output to peak this year thanks to Gahcho Kue The unit of Anglo American intends to mine as much as 36 million carats this year, up from 33.5 million in 2017. read » Canada the world's overall top mining destination, despite Saskatchewan fall That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year. read » Macquarie denies claims its brokers manipulated mining stock Macquarie said it had been threatened with a class action lawsuit over the allegations, but no case had yet been filed. read » Sibanye-Stillwater turns off dividend tap after annual loss In lieu of the cash dividend, it will undertake a "capitalisation issue" that will see four ordinary shares given to shareholders for every 100 they hold. read » Kaz Minerals sets higher output targets for 2018 as profits jump Kaz Minerals reported a jump in 2017 sales and production as its main mines ramped up and said it expected its 2018 output to rise as much as 16%. read » US copper stocks sprint to record high, reflecting transport costs, weak demand Copper stocks held in warehouses registered with COMEX in the United States stand at 228,428 tonnes, up from below 90,000 tonnes at the start of 2017. read » Rio Tinto says changing structure, moving some staff Rio Tinto, the second biggest miner by market capitalisation, has listings in London and Australia, a headquarters in London and an Australian office. read » Barrick clings to top gold miner title as Newmont falls short About 50,000 ounces — roughly 125 gold bars — is all that stands in the way of Newmont overtaking Barrick as world's No.1 bullion miner. read » Corruption perceptions index 2017 This year's Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption. read » Gold bulls, brace yourselves – Fed hikes are coming! Gold may stay under pressure, especially that political uncertainty related to the Italian national election is likely to weigh on the euro in the near term. read » Compass Minerals lays off workers at world's largest underground salt mine Goderich has undergone a modernization process in the past six years, which requires less manual labour. read » Read more news on MINING.com » Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.