News

Private capital favours investing in copper over gold for first time

By analyst By Frik Els Gold projects are no longer the favourite destination of private capital raised for investment in the mining sector as optimism about electric vehicle demand steer funds into battery metals. Private-equity deals in the mining industry bounced back in 2017 according to a new report by UK law firm Berwin Leighton […]

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Guyana Goldfields goes underground, stops worrying about Venezuela

By analyst By Valentina Ruiz Leotaud Canada’s Guyana Goldfields is set to invest $120 million to conduct underground gold mining for the first time in Guyana’s history. In an event held Sunday in the South American country, the company’s President and CEO, Scott Caldwell, said that by the end of the month he will provide

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Randgold calls Congo’s new mining code “draconian”

By analyst By Valentina Ruiz Leotaud Miners operating in the Democratic Republic of Congo are pulling out the heavy artillery in their fight against the country’s new mining code which, they say, will stifle investment in the copper and cobalt-rich nation. Today, Africa-focused gold producer Randgold Resources (LON:RSS) issued a press release saying its executives

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