Petra cuts latest sign of a down diamonds market
Petra Diamonds (LSE: PDL) has revised its guidance for the next two fiscal years and appointed a new finance leader as part of its plans to lower expenses and debt…
AngloGold Ashanti
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal to market, analysts say. The…
JV Article: G2 Goldfields set for meteoric growth in heart of regional M&A boom
G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) updated its resource for the OKO-Aremu project in Guyana in April and plans to do so again by year’s end to reflect the increase in contained…
Heavy storms wash out Australian gold production
Gold output in Australia fell 9% in the first quarter after tropical storms flooded mines and halted some operations, consultancy Surbiton Associates says in a new report. Gold production dropped from…
AngloGold Ashanti project in Colombia hit by court-backed mining ban
AngloGold Ashanti’s (NYSE: AU) stalled La Colosa gold project in Colombia faces another setback after a local court upheld a mining ban. The 10th Administrative Court of Ibagué, the capital…
Show the public that minerals, tech are solutions for net zero: Seequent panel
Instead of reminiscing about the old times of hunting for minerals in the bush, miners need to talk up tech opportunities to attract young people to mining, industry panelists told…
Tanzania backs SilverCorp takeover of ASX-listed gold developer OreCorp
Silvercorp Metals’ (TSX: SVM; NYSE: SVM) planned takeover of African gold developer OreCorp (ASX: ORR) has been cleared by the Tanzanian Fair Competition Commission (FCC). The decision paves the way for…
South32 hits IGO with $107M royalty lawsuit
South32 (ASX: S32) is taking battery metals producer IGO (ASX: IGO) to court over royalty payments worth A$122.1 million ($107 million) it claims to be owed, which are related to the Tropicana gold…
AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat
AngloGold Ashanti (NYSE:AU), the fourth-largest gold producer, is buying a stake in Guyana-focused G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) even as neighbouring Venezuela vows to seize the land where its…
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
Jaguar Mining (TSX: JAG; US-OTC: JAGGF) has more than doubled its probable gold ounces at the MTL complex in Brazil including assets it bought from Iamgold (TSX: IMG; NYSE: IAG)…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
B2Gold grabs AngloGold’s stake in Colombian project
Canada’s B2Gold (TSX: BTO; NYSE: BTO) will become the sole owner of the Gramalote gold project in Colombia after acquiring the 50% stake held by South Africa’s AngloGold Ashanti (NYSE: AU;…