Petra Diamonds finds founder Pouroulis’ successor
Adonis Pouroulis, who founded Petra in 1997 and has been its chairman ever since, leaves the company on March 31.
Petra Diamonds finds founder Pouroulis’ successor Read More »
Markets
Canada’s Equinox Gold buys smaller rival Leagold in $578 million deal
Deal adds Leagold’s four mines in Mexico and Brazil to Equinox’s two mines in California, US, and one in Brazil.
Canada’s Equinox Gold buys smaller rival Leagold in $578 million deal Read More »
Endeavour, Centamin to explore potential merger
A merger of both companies would create a mid-tier gold miner with a market value of almost $4 billion and an annual production of more than 1.2 million ounces.
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“Bearish” outlook for metal prices for 2020 — report
But demand for lithium and cobalt is set to improve next year.
“Bearish” outlook for metal prices for 2020 — report Read More »
PTM shares rise on upsized private placement
The company intends to use the proceeds for the Waterberg joint venture project.
PTM shares rise on upsized private placement Read More »
Lundin exports gold from Ecuador’s first large-scale operation
Full production at Fruta del Norte is expected in the second quarter of 2020.
Lundin exports gold from Ecuador’s first large-scale operation Read More »
Rio Tinto scores big win in Mongolia
The country’s parliament has approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements approved since 2009.
Rio Tinto scores big win in Mongolia Read More »
Poor market conditions derail Triple Flag IPO
Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million.
Poor market conditions derail Triple Flag IPO Read More »
Anglo American cuts output targets for coal, iron ore and diamonds
While bullish on copper, the miner has n copper, Anglo has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.
Anglo American cuts output targets for coal, iron ore and diamonds Read More »
Barrick to sell stake in Senegal project to Teranga Gold for about $430m
Massawa, one of the highest-grade undeveloped open-pit gold reserves in West Africa, is located only 20 km away from Teranga’s flagship Sabodala mine.
Barrick to sell stake in Senegal project to Teranga Gold for about $430m Read More »