Mining.com

London, 10 May 2018 – Randgold Resources said today its 2018 production guidance remained intact despite a softer first quarter in which it contended with multiple challenges. Following the full commissioning of its underground mine, Kibali in the Democratic Republic of Congoincreased quarterly production by 22% compared to the corresponding quarter of the prior year […]

(Bloomberg) — Randgold Resources Ltd. is confident that talks with the Democratic Republic of Congo will lead to a compromise on the country’s new mining rules which risk hurting producers’ profits. Miners including Glencore Plc and Randgold have asked the government to dial back aspects of the legislation approved by President Joseph Kabila in March.

Dual-listed Dalradian Resources (TSX:DNA) (LON:DALR) published Thursday a resource update for its Curraghinalt gold project in Northern Ireland showing a 46% increase in gold ounces and a 32% increase in inferred gold ounces when compared to the previous feasibility study from 2016. Inferred resources rose by 32% to 3.0 million ounces of gold in 7.7

Shares in Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia’s ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner bumped up mineral resource estimates for its Altan Nar gold-polymetallic project in Mongolia. The Canadian miner said indicated and inferred gold equivalent resources

Recent data released by the Northern Australian Geochemical Survey reveal that there are potential copper hotspots on the Queensland-Northern Territory border. This is according to the Minister for Resources and Northern Australia Senator Matt Canavan who, in interview with The North West Star, explained that surface soil samples collected at 776 sites yielded significant concentrations

North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases. This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates,

Kinross Gold Corp. is the latest miner to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue. Mauritania’s rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a

Mexican authorities have granted Canada’s First Majestic Silver (NYSE:AG) (TSX:FR) their antitrust clearance to go ahead with its planned acquisition of fellow miner Primero Mining (TSX:P), in a cash and stock deal valued at $320 million, including debt. The approval was the final government agency’s permission the parties required to close the deal, Primero said

British Columbia’s mining industry remains upbeat in 2017, as prices for most metals and minerals produced in the province continue to steadily recover from multi-year lows. Although most commodity prices remain below the record highs seen in 2011, the recent increases are part of an upward trend in the mining cycle, according to PwC Canada’s

Barrick Gold (NYSE, TSX:ABX), the world’s top miner of the precious metal, said Tuesday is buying about $38 million in Midas Gold’s (TSX-V:MAX) shares, in a deal that gives the Canadian giant an almost 20%-stake in the junior as well as access to the promising Stibnite Gold project, in Idaho, US. “Midas Gold’s Stibnite Gold