Much has been speculated about mergers among gold producers since Barrick Gold announced the takeover of Randgold Resources last September. The $6-billion Barrick-Randgold deal came together without a hitch and was finalized on Jan. 2, 2019, making Ba…
EDITORIAL: Barrick, Newmont settle on Nevada JV Read More »
ARGENTINA – Vancouver’s Goldcorp, Toronto’s Yamana Gold and Glencore International of Switzerland have struck a deal to develop and operate the Agua Rica copper project using the infrastructure of Minera Alumbrera in the Catamarca province. The partner…
COPPER-GOLD: Goldcorp, Yamana, Glencore to pool assets in Argentina Read More »
PEORIA, Ill. – Caterpillar’s Cat 797F large mining truck is now available in a fuel efficient configuration that meets U.S. EPA Tier 4 Final emissions standards. Through more than 16,000 hours of successful pilot machine operation and 100,000 hours of&…
TRUCK: Cat 797F meets Tier 4 Final configuration Read More »
COLOMBIA – Antioquia Gold of Calgary has announced the successful start of production at its Cisneros gold mine 80 km northeast of Medellin, in Antioquia. Commissioning the mill began two months ago and has now reached the planned commercial rate……
GOLD: Antioquia declares successful start of production at Cisneros Read More »
ONTARIO – Toronto-based Wesdome Gold Mines updated the results of underground drifting and drilling at its wholly owned Eagle River gold mine 50 km west of Wawa. The goal is increase the mining rate to match the mill capacity of…
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GOLD: Wesdome confirms parallel zones at Eagle River mine Read More »
Harte Gold’s (TSX: HRT; US-OTC: HRTFF) Sugar Zone gold mine in northern Ontario reached commercial production on Jan. 1, and permitting is underway to increase throughput to 800 tonnes per day. In the meantime, the company has just folded into a……
Harte Gold completes resource update for Sugar Read More »
Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased m…
Katanga Q4 loss on suspended cobalt sales, higher costs Read More »
PHILADELPHIA, Penn. – Exyn Technologies announced on Feb. 26 the commercial availability of its Autonomy Aerial Robots (A3Rs), the first and most advanced fully autonomous aerial system for data collection in GPS-denied environments. Toronto-based Dund…
DRONES: Dundee chooses Exyn aerial robots to automate gold mining Read More »
CALGARY and JOHANNESBURG – De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The change is expected to create a more sustainable business and to streamline…
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DIAMONDS: De Beers consolidates Canadian, South African assets Read More »
TORONTO – A subject of speculation last week, the takeover of Newmont Mining by Barrick Gold is now out in the open. That would make Barrick the world’s largest gold producer by far. Barrick is offering an at market exchange…
The post GOLD: Barri…
GOLD: Barrick proposes all-share buyout of Newmont Read More »
