Production at the Gedabek mine, in Azerbaijan, increased by 3% quarter-on-quarter to 20 227 gold-equivalent ounces (GEOs) in the third quarter, taking year-to-date production to 60 122 GEOs, Anglo Asian reported on Tuesday.
The total production compri…
Anglo Asian reports strong cash generation on gold price rise Read More »
De Beers Group Auctions, a subsidiary of diamond miner De Beers, on Tuesday launched its new digital auction portal, which is aimed at enhancing customers’ bidding experience. “At De Beers Group Auctions, our raison d’etre is to provide our customers a…
De Beers launches new digital auction portal Read More »
Operations at the Fruta del Norte project, in Ecuador, are returning to normal after President Lenin Moreno agreed to scrap a decree to eliminate fuel subsidies and indigenous groups called an end to strikes after almost two weeks of protests.
With ro…
Fruta del Norte returning to normal as Ecuador protests end Read More »
Publicly-traded North American metals and mining companies show generally credit-friendly governance characteristics, according to a new report from Moody’s Investors Service that applies its governance assessment (GA) framework across the sector.
The…
N America governance assessments show credit-friendly characteristics – Moody’s Read More »
About 240 people working at the Langlois mine, in Quebec, are set to lose their jobs as the mine is now considered uneconomic to operate and will cease production in December.
Global metals company Nyrstar announced its decision on Monday, explaining …
Nyrstar’s Langlois mine to cease production in Dec Read More »
Global lithium company Ganfeng Lithium has received approval from China to buy a 29.99% equity interest in Bacanora Lithium and a 22.5% joint venture interest in the UK-based company’s Sonora lithium project, in Mexico.
Bacanora has now received £21.9…
Bacanora receives £21.96m from Ganfeng Read More »
Aim-listed Beowulf Mining has increased its ownership of Kosovo explorer Vardar Minerals from 37.6% to 40.1%.
The company invested a further £115 000 in Vardar, following the board’s recent “excellent” visit to Kosovo, CEO Kurt Budge said on Monday….
Beowulf ups Vadar ownership Read More »
Mining company Teck Resources said on Sunday that workers at its Teck Carmen de Andacollo Operations (CdA), in Chile, would go on strike, resulting in operations being suspended.
The Teck Carmen de Andacollo Workers Union represents 473 workers at CdA…
Teck workers embark on strike at Chile mine Read More »
Canadian gold company Argonaut Gold said over the weekend that two people working for its mining contractor at the La Colorada mine, in Sonara, Mexico, had died.
The individuals were fatality injured on Friday in a high-voltage accident while performi…
Two contractors die at Argonaut mine in Mexico Read More »
British energy major BP said on Friday that it expected to deliver divestment proceeds of $10-billion by the end of this year, with significant contributions from the agreed sale of its Alaska assets and US shale divestments.
The $5.6-billion sale of …
BP looks to reach divestments worth $10bn by year-end Read More »
