Barrick Gold is not looking to merge with copper miner Freeport-McMoran, CEO Mark Bristow said on Thursday, although he is interested in the company’s Grasberg mine in Indonesia, and indicated he wants to expand in the Pacific Rim. Rumours the world’s …
Barrick Gold denies Freeport-McMoran tie-up in the works Read More »
South African miner Sibanye-Stillwater, which has made an offer for AngloGold Ashanti’s Mponeng, the world’s deepest gold mine, said on Thursday it doubted its bid would succeed. AngloGold is selling the asset, its last operation in South Africa, as it…
Sibanye-Stillwater doubts it will become owner of world’s deepest gold mine Read More »
Two illegal Zimbabwean miners died and another was injured after the gold mine they were working in collapsed, the disaster management agency said on Thursday, as rescuers searched for more miners. Fortune Mupungu, the Civil Protection Unit (CPU) chair…
Two die in Zimbabwe gold mine collapse Read More »
The Finnish government gave the green light on Thursday for state-owned Terrafame to extract and refine uranium in eastern Finland, paving the way for the country’s first uranium mining on a commercial scale.
The announcement by the government confir…
Finland gives green light to uranium mining Read More »
The Finnish government gave the green light on Thursday for state-owned Terrafame to extract and refine uranium in eastern Finland, paving the way for the country to become the European Union’s only uranium producer.
Terrafame is backed by commodities…
Finland to become EU’s only uranium producer Read More »
A fire broke out in a mine in Garpenberg, in northern Sweden, forcing between 70 and 80 people to seek shelter underground, police said on Thursday.
"A machine has caught fire in a mine in Garpenberg," the police said in a statement. "The …
Fire breaks out at Swedish mine, 70 to 80 workers seek shelter underground Read More »
Nigeria expects its mining sector to grow to 3% of gross domestic product (GDP) within the next five years from just 0.3% currently as the government seeks to diversify the economy away from oil, the minister for mines and steel development said on Wed…
Nigeria sets ambitious target for mining sector growth Read More »
Russia’s Alrosa, the world’s largest diamond mining company, will hold its March auctions in Moscow and Israel after Hong Kong postponed two jewellery shows because of the coronavirus outbreak, the company said on Wednesday.
Demand for diamonds in Chi…
Coronavirus drives Alrosa to shift diamond sales from Hong Kong Read More »
The first payments to miners who contracted the fatal lung diseases silicosis and tuberculosis from a R5-billion class action settlement by gold producers are expected in the second quarter of 2020, a lawyer for the companies said on Wednesday. The com…
First payments in South African silicosis settlement expected in second quarter Read More »
West Africa-focused gold miner Endeavour Mining is not looking for other potential acquisitions after its failed offer for Centamin, CEO Sebastien de Montessus said on Wednesday. "Like many first dates, if it doesn’t go well at the end of the first…
Endeavour ‘not on Tinder’ for acquisitions after dropping Centamin Read More »
