Zijin Gold is acquiring a controlling stake in Chifeng Jilong Gold Mining for 18.3 billion yuan ($2.64 billion), reinforcing its position as China’s largest gold producer. The unit of Zijin…
Military governments in Africa’s troubled Sahel region are taking separate steps that may ease concerns over resource nationalism. Niger plans to return uranium to France’s Orano while Mali is extending…
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Startup of new processing capacity sets the stage for higher grades, stronger cash flow and multi-year growth at Sadiola.
Allied Gold (TSX, NYSE: AAUC) said recent drilling at its Kurmuk property in western Ethiopia has identified at least five new target areas, bolstering the case for a high-volume gold…
Despite military governments across West Africa, the region’s security situation is worsening as insurgents flush with kidnapping ransoms and illegal mining profits threaten fuel supplies and road networks, according to…
Barrick Mining (TSX: ABX; NYSE: B) shocked markets Monday with the abrupt resignation of president and CEO Mark Bristow, who departs after nearly seven years at the helm without explanation….
New West African gold explorers are advancing projects as they aim to capitalize on high prices and growing interest from mid-tier producers, SCP Resource Finance says in a new report….
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is set to begin trading on the New York Stock Exchange starting Monday after obtaining all regulatory approval. The stock will trade under the…
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is raising $80 million through a public offering to fund further engineering and growth initiatives at the Sadiola mine in Mali and its Côte…
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Barrick Gold (TSX:ABX; NYSE:GOLD) and the Malian government have suspended negotiations before resolving a drawn-out dispute over payments from the country’s largest gold mine. Mali is seeking a settlement payment…
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