Mining.com

By Reuters (Reuters) – Operations have resumed at AngloGold Ashanti’s Siguiri gold mine in Guinea after a workers strike halted activities for a day, a company vice president said on Thursday. “There was a day-long stoppage, which has since ended. No impact on full-year production,” Chris Nthite told Reuters. (By Aaron Ross and Sofia Christensen; […]

By Cecilia Jamasmie Canadian gold junior Orosur Mining (TSX, AIM:OMI) will close its San Gregorio West mine in Uruguay after lower than expected grades at the underground operation lead the company to post pre-tax loss of $27.18-million in the 2018 financial year. The miner, which has decided to focus on Colombia, said it expected the

By Cecilia Jamasmie Australia’s Northern Star Resources (ASX:NST) is expanding overseas by acquiring Sumitomo Metal Mining Co and Sumitomo Corp’s Pogo underground gold mine in Alaska for $260 million. Pogo, located southeast of Fairbanks city, is currently the eight largest gold mine in the US. It has produced 3.8 million ounces of gold over the

By Reuters Canadian gold and silver mining company Tahoe Resources Inc said on Wednesday that it believed there was an attempt to illegally extract gold at its La Arena mine in Peru. The company said in a statement that its preliminary investigation showed that five holes had been dug on top of a pipeline carrying

By Valentina Ruiz Leotaud China, India, Brazil, Mexico, Russia, Indonesia, and Turkey will be leading the world’s mineral demand in the coming decades, Owen Hegarty, Executive Chairman of Australian private equity manager EMR Capital, predicts. Speaking at the Paydirt 2018 Africa Down Under mining conference taking place in Perth, Hegarty said that the new top

By Valentina Ruiz Leotaud Australia’s most densely populated state, Victoria, has just released a Mineral Resources Strategy 2018–2023 in which the government presents its ideas to give the mining sector a boost. According to the document, the provincial administration wants to grow investment and jobs in the mineral sector by spending $220 million on exploration

By Reuters CONAKRY, Aug 29 (Reuters) – A strike at AngloGold Ashanti’s Siguiri gold mine in Guinea has halted operations there, mines ministry secretary-general Saadou Nimaga said on Wednesday. The Société aurifère de Guinée, in which AngloGold holds an 85 percent stake, confirmed in a statement that a strike was underway and encouraged employees not

By Stockhouse News Blast All investors start their adventure in the capital markets with dreams of immediate wealth, luxurious cars, yachts, holidays in five-star hotels and making all the people around happy in a million ways. Virtually all investors have to lose a lot of money before they learn hubris and realistic expectations. Some give

By Bloomberg News South Africa plans to publish a final version of its new Mining Charter for implementation by November, Mineral Resources Minister Gwede Mantashe said on Twitter. The deadline for submission of written submissions into the #MiningCharter comes to an end this Friday, 31 August 2018. It is envisaged that the final Mining Charter

By Cecilia Jamasmie Shares in Canadian junior Miranda Gold (TSX-V:MAD) surged 17% on Wednesday after world number two gold producer Newmont Mining (NYSE:NEM) signed an option agreement to earn an interest in the company’s Lyra gold project in Colombia. As part of the deal, Vancouver-based Miranda, will operate a $600,000 prospecting program funded by Newmont