For dual-listed B2Gold, 2018 was a year of “transformational” growth, which was highlighted by the first full year of commercial production from its new large and low-cost Fekola mine, in Mali, and record yearly production from its Masbate mine, in the…
2018 a year of ‘transformational’ growth, says B2Gold Read More »
The initial economics of Toral lead/zinc project, in north-west Spain, are robust, with a scoping study calculating a $110-million net present value, at an 8% discount rate, and an internal rate of return of 24.4%, dual-listed Europa Metals announced t…
Toral scoping study economics announced Read More »
Canadian gold major Barrick Gold has ended its hostile takeover offer of US miner Newmont Mining and instead agreed to create a joint venture (JV) combining their respective mining operations, assets, reserves in Nevada. The two gold miners have been …
Barrick and Newmont end hostility with Nevada JV agreement Read More »
Aim-listed Kodal Minerals has raised £700 000 to support its aim of rapidly advancing the Bougouni lithium project, in southern Mali, as it continues to fast-track development. The company placed 500-million new ordinary shares, at 0.14 pence a new ord…
Kodal raises funds for Mali lithium project Read More »
The Laiva gold mine, in Finland, has been placed on care and maintenance until an alternative mining contractor has been engaged and additional financing has been found, TSX-V-listed Nordic Gold announced over the weekend. The mine, which has failed to…
Nordic idles Finland gold mine Read More »
Canadian miner Hudbay Minerals marked a “major milestone” on Friday, when the US Army Corp of Engineers issued a Section 404 water permit for the Rosemont openpit copper project, in Arizona, but activists were quick to voice their opposition. TSX- and …
Hudbay’s Rosemont receives water permit despite opposition Read More »
Gold miner Acacia Mining on Friday assured its shareholders that it was working on a solution to prevent any seepage from its tailing storage facility (TSF) at the North Mara mine, in Tanzania. The government of Tanzania had also directed the mine to r…
Acacia designing new TSF at North Mara to prevent spillage into environment Read More »
The higher-than-inflation tariff increases granted to State-owned Eskom by the National Energy Regulator of South Africa (Nersa) will have a major impact on the South African mining industry’s cost structure, Minerals Council South Africa chief economi…
Above-inflation Eskom tariff increases will have negative impact on mining industry – … Read More »
Canadian midtier gold producer Detour Gold on Thursday reported weaker adjusted full-year earnings and announced that James Gowans had resigned as chairperson with immediate effect. The miner, which recently emerged from a proxy battle with Paulson …
Detour Gold reports FY results, Gowans quits as chair Read More »
After four consecutive months of inflows, holdings in global gold-backed exchange-traded funds (ETFs) and similar products fell by 33 t in February to 2 479 t, which is equivalent to about $1.3-billion in outflows. Global assets under management (AUM) …
Global gold-backed ETF holdings retreat in February – WGC Read More »
