By Bloomberg News The options for mining companies battling new legislation in the Democratic Republic of Congo — Africa’s biggest copper producer and the source of two-thirds of the world’s cobalt — have just about run out. After six months of lobbying, companies including Glencore Plc and Randgold Resources Ltd. have got nowhere in their […]
Congo’s miners face harsh new reality as mining law finalized Read More »
By Cecilia Jamasmie Fresh doubt has been cast over a deal reached in December between Centerra Gold and the Kyrgyz Republic ending long-dragged disputes after the country’s Prime Minister said Tuesday the new government was reviewing the agreement. According to radio Azattyk, minister Muhammadkaliy Abylgaziev also said his administration would submit to parliament its own
Future of Centerra mine uncertain as Kyrgyz Gov’t revising settlement deal Read More »
By Globe Newswire MONTREAL, June 12, 2018 (GLOBE NEWSWIRE) — Midland Exploration inc. (“Midland”) (TSX-V:MD) is pleased to announce that exploration work has resumed on its wholly owned James Bay Gold project. The summer exploration campaign will focus on the Lasalle property, located about 35 kilometers south of Hydro-Quebec’s LG-3 airport and of the Trans-Taïga
Midland resumes exploration work on the James Bay Gold project Read More »
By Globe Newswire TORONTO, June 12, 2018 (GLOBE NEWSWIRE) — Seabridge Gold Inc (TSX:SEA) (NYSE:SA) announced today that it expects to define drill targets by year end on its 100%-owned Snowstorm Project in Northern Nevada. The 31 square mile Snowstorm Project, purchased by Seabridge in June 2017, sits at the projected intersection of three of
By Reuters Sibanye-Stillwater said on Tuesday mine rescue teams have located the deceased body of the fourth mineworker who died at its Kloof Ikamva shaft and has suspended operations for a day there. Sibanye said on Monday five employees entered an abandoned working place at its Kloof Ikamva mine near Johannesburg and three of them
Death toll rises to four at South Africa’s Sibanye mine Read More »
By Cecilia Jamasmie Brazil’s President Michel Temer issued Tuesday two decrees introducing key changes to the country’s 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable. The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their
By MINING.com Editor Vancouver miners will add 10% more employees in the third quarter of 2018, according to the latest ManpowerGroup Employment Outlook Survey released today. The forecast growth is a a four percentage point decrease from last quarter and an increase of one percentage point from the outlook reported during the same time last
Vancouver miners are hiring: report Read More »
By Cecilia Jamasmie Shares in Kinross Gold (TSX:G) (NYSE:KGC) were up almost 2% Tuesday in pre-market trading as the Canadian miner announced is going ahead with an initial expansion of its Fort Knox mine, located in Alaska. The project, to be carried out over an area known as Gilmore, immediately west of Fort Knox, is
Kinross going ahead with expansion of Alaska gold mine Read More »
By Randgold Resources Dakar, Senegal, 11 June 2018 – The feasibility study on the Massawa gold project in Senegal is nearing finalisation and a development decision is scheduled for the end of this year, Randgold Resources chief executive Mark Bristow said today. Bristow and his executive team are in Senegal to inspect the project and
Development decision nearing on Randgold’s Massawa project Read More »
By GlobeNewswire TORONTO, June 11, 2018 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX:GCM) announced today that it produced a total of 18,675 ounces of gold in May bringing the total for the first five months of 2018 to 87,465 ounces, up 27% compared to the first five months of 2017. This brings the Company’s
