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Mining Doc Latest Articles

Canada's Teck beats fourth-quarter profit estimates on strong copper production

Canada's Teck beats fourth-quarter profit estimates on strong copper production

Canadian miner Teck Resources  beat analysts’ estimates for fourth-quarter profit on Thursday, helped by higher copper production volumes at its Chile mine. Total copper output in the quarter came in at 122,100 tonnes, a 19% jump from a year earlier, with 60,700 tonnes from its Quebrada Blanca (QB) mine in Chile. “Our copper production in the […]

Anglo American posts $3.1 billion loss on writedowns

Anglo American posts $3.1 billion loss on writedowns

LONDON, Feb 20 (Reuters) – Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to its ailing diamond unit, as it races to restructure into a major copper producer following a bruising takeover battle with BHP last year. Last year’s loss attributable to shareholders […]

Gold extends gains as Trump tariffs fuel safe haven flows

Gold extends gains as Trump tariffs fuel safe haven flows

Feb 18 (Reuters) – Gold prices rose for a second straight session on Tuesday, but traded below the recent all-time highs, as uncertainty around U.S. President Donald Trump’s tariff plans continued to fuel economic growth concerns and safe haven flows into bullion. Spot gold gained 0.6% at $2,913.79 an ounce as of 0714 GMT. It […]

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