latin-america

Monarch invests in Unigold’s Dominican Republic project, stock jumps

Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.

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BHP hit by $5 billion suit over 2015 dam failure un Brazil

The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundao tailings dam in 2015, owned by the Samarco joint venture between BHP and Vale.

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Newmont Goldcorp to account for 7.1% of global gold output this year

The world’s largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal in 2019.

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Rio Tinto speeds up exploration at Winu copper find in W. Australia

The Winu copper-gold-silver discovery, a potential major boost for the company’s growth options, is about 130 km. from Newcrest’s Telfer copper-gold mine in the East Pilbara.

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