AGP Executive Report
Last update: 25 minutes agoGold Expansion: AngloGold Ashanti plans to invest about $900 million in mine expansions, aiming to add at least 400,000 ounces of annual production by decade’s end. It reaffirmed its 2026 production target. Quarterly Results: B2Gold maintained production guidance and lowered its full-year cost outlook after strong year-to-date performance. Sibanye-Stillwater reported a 9% rise in quarterly EBITDA, while Ivanhoe posted a profitable quarter on record revenue at Kamoa-Kakula. Copper Investment: Freeport approved a $4.5 billion expansion and modernization of its Arizona copper project. Critical Minerals: India approved a $297 million incentive scheme to boost lithium and nickel processing. Mine Operations: Labour shortages cut production at West Red Lake Gold’s Madsen mine, prompting the company to lower its annual targets.
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