Salares Norte lifts Gold Fields as other mines falter
Gold Fields (JSE, NYSE: GFI) is leaning on its newest operating mine, Salares Norte in northern Chile, to offset weaker expected production at Gruyere in Australia and Tarkwa in Ghana…
Articles by Cecilia Jamasmie
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Cobre Panama restart hopes rise as thousands return to mine
First Quantum Minerals’ (TSX: FM) hopes of restarting its halted Cobre Panamá copper mine received a boost Tuesday as government officials met workers and suppliers while weighing the giant operation’s…
Barrick, Newmont settle dispute with $1.9B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
Largo shares surge 15% as it adds copper, PGMs to Brazil mine
Move comes after Brazil mining authority cleared Largo to add copper and PGMs production at its flagship vanadium mine.
Lupaka Gold lands $49M from Peru to settle dispute
Peru has paid most of arbitration award, clearing the way for the first contingent value rights distribution.
DRC probes how uranium ‘leaked’ into cobalt exports
The Democratic Republic of Congo is investigating uranium contamination in cobalt exports after researchers estimated that thousands of tonnes of the radioactive metal probably left the world’s largest cobalt-producing nation…
Codelco’s El Teniente setback deepens copper fears
Codelco’s decision to suspend development of the Andes Norte section at its flagship El Teniente mine could last as long as two years, according to a union leader, compounding production…
US-backed Orion eyes stake in Tanzania nickel mine
A deal would help Lifezone finance the $940 million Kabanga project and advance US efforts to secure critical minerals.
Fresnillo profit triples on gold, silver prices rally
Mexico-focused precious metals miner Fresnillo (LSE: FRES) says first-half profit tripled as higher gold and silver prices more than offset lower production.Net income surged to $1.46 billion from $467.6 million…
Kavango starts commissioning Zimbabwe gold mine
Kavango Resources (LSE: KAV) has begun commissioning its Hillside gold project in Zimbabwe after installing a 50-tonne-per-day processing plant, marking the transition from construction to live processing. Material has been…