Cecilia Jamasmie

Barrick-Newmont merger would leave up to $7B of assets up for grabs

The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.

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Fresnillo misses 2018 output targets, warns of challenging year ahead

The world’s largest primary silver producer and Mexico’s No.2 gold miner warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.

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It’s happening — Barrick makes hostile $17.8 billion bid for Newmont

If successful, the move will create the world’s largest gold company with a value of around $42 billion at current market prices.

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Europe’s push for EVs a boon to Savannah’s Portugal lithium project

The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.

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Canadian miners had a tough 2018, but optimism remains — EY

Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.

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Brazil mining authority halts two Vale complexes

Decision was made in light of a possible failure of five dams at both complexes, which are located in Minas Gerais, the same state where the Feijão mine dam collapsed last month, killing over 300 people.

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Lundin Gold to step up exploration in Ecuador thanks to $38m financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

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