Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
News
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Podcast: US electorate supports more mining in the United States, ft Lot Sixteen’s Annie Gayman
This week’s episode features Annie Gayman, Vice President of Mining and Governmental Affairs at Lot Sixteen, discussing mining policy in the United States. Gayman highlights the dramatic shift in perspectives…
Aldebaran Resources stock hits high on copper-gold resource boost in Argentina
Aldebaran Resources (TSXV: ALDE, OTCQX: ADBRF) says a significant resource increase makes its Altar project in Argentina one of the world’s largest copper-gold deposits. Total measured and indicated resources came…
Vedanta to invest US$2B in Saudi copper projects
Vedanta Copper, a subsidiary of India’s Vedanta, has announced plans to invest US$2 billion in copper-processing facilities in Saudi Arabia, a fresh boost to the kingdom’s aspirations to establish itself…
Anglo American sells coal mines to Peabody for US$3.8B
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
Newmont sells Éléonore mine in Quebec for US$795M
The miner said the deal and other 2024 sales will raise $3.6 billion.
Calibre strikes high-grade gold near Valentine mine build as production nears
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has found gold a kilometre from its Valentine mine in Newfoundland, just months before production is expected to start. The grades are 40% higher…
BC First Nation seeks court over Seabridge KSM project
The Tsetsaut Skii km Lax Ha (TSKLH) Nation has applied to the British Columbia Supreme Court to review Seabridge Gold‘s (TSX: SEA; NYSE: SA) KSM gold-copper project after the province…
Sitka Gold shares rise on high-grade results of initial diamond drilling at RC in Yukon
The first ever diamond drill holes by Sitka Gold (TSXV: SIG; US-OTC: SITKF) at the Rhosgobel intrusion at its RC Gold project in western Yukon have returned high grades from…
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…