Mining.com

By Cecilia Jamasmie Randgold Resources’ (LON:RSS) said Monday it was seeking to restart mining and processing operations at its Tongon gold mine in the Ivory Coast, where production was halted two weeks ago due to a strike. The Africa-focused gold producer said it has engaged in talks with the interested parties, based on a recently […]

By Cecilia Jamasmie Shares in Caterpillar (NYSE:CAT), the world’s No.1 heavy machinery maker, jumped over 3% in pre-market trading Monday after it posted record second quarter earnings per share Monday, while also bumping up its full-year profit forecast. The Deerfield, Illinois-based company reported an adjusted profit of $2.97 a share in the three months to

By Valentina Ruiz Leotaud Environmentalists in New Zealand are expressing concerns about the possibility of government accepting applications to prospect for minerals on conservation land across the Nelson and Marlborough regions. Interviewed by the news site Stuff, a representative for the Royal Forest and Bird Protection Society of New Zealand said that the government is

By Valentina Ruiz Leotaud India’s National Mineral Development Corporation beat giants Adani and Vedanta in an e-auction for a gold mine located in the Chittoor district of the southeastern state of Andhra Pradesh. According to the Press Trust of India, this is the first time the state-owned company takes on gold mining in the country.

By Valentina Ruiz Leotaud The U.S. Army Corps of Engineers announced that a Draft Environmental Impact Statement for Northern Dynasty Minerals’ (TSX: NDM) Pebble mine will be completed in January 2019. During a press conference held this week at its Alaska division, representatives for the Corps said that the document will be open for public

By Reuters NEW DELHI, July 27 (Reuters) – Indian state-owned miner NMDC is the highest bidder in a government e-auction for a gold mine in the southern state of Andhra Pradesh, beating resources conglomerates Vedanta and Adani, NMDC Chairman Baijendra Kumar told Reuters. NMDC is expected to invest about 4 billion rupees ($58.3 million) in

By Michael Allan McCrae An amateur prospector working an unnamed Scottish river has found a huge gold nugget, says the Guardian. At 85.7g (3.02oz), the nugget is believed to be the UK’s largest. The prospector, who asked to remain anonymous, found nearly two years ago. The prospector found the nugget while lying in the river

By Valentina Ruiz Leotaud Canada’s Eldorado Gold (TSX:ELD)(NYSE:EGO) increased its full-year production guidance to 330,000-340,000 ounces of gold at $580-$630 per ounce from the previous 290,000-330,000 ounces of gold predicted for 2018. In a press release, the Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey,

By Reuters JOHANNESBURG, July 26 (Reuters) – Hundreds of South African gold mine workers were rescued and over 100 treated for smoke inhalation after an underground fire, the National Union of Mineworkers (NUM) said on Thursday. Safety is a huge issue in South Africa’s dangerous deep-level mines and a focus for investors. A spate of

By Michael Allan McCrae Newmont Mining acquired a 50 per cent interest from in the Galore Creek Partnership from NOVAGOLD Resources Inc. Newmont will also partner with Teck Resources which owns the remaining stake. The partnership encompasses several staged payments. There will a contingent investment of $275 million, with an initial payment of $100 million;