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;…
Africa
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
Ex-Yamana CEO Marrone leads Allied in Africa in search of investor ‘torque’
Peter Marrone, who led Yamana Gold in Canada from a small producer two decades ago to a US$4.8 billion sale this year, is seeking faster returns in conflict-plagued Mali and…
Gold Fields cuts production targets in Chile on project delay
Shares in Gold Fields (NYSE: GFI; JSE: GFI) took a hit on Friday after the South African miner said it will pour first gold at its Salares Norte project in…
Will technology curb demand for copper?
I’ve written extensively about the emerging opportunities for copper. Geopolitics, riots, water shortages, declining output, and lack of new discovery are all reasons you should be planning for higher prices…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….
Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Vedanta Resources (LSE: VED) announced on Thursday it had appointed former Gold Fields (NYSE: GFI; JSE: GFI) chief executive, Chris Griffith, to head its base metals unit, including its recently…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
Rainbow Rare Earths ink supply deal with UK-based alloy producer
Rainbow Rare Earths (LSE: RBW) announced on Monday a strategic supply agreement with U.K.-based Less Common Metals Ltd (LCM) to provide magnet separated rare earth oxides neodymium and praseodymium, dysprosium and…
De Beers trusts talks will avoid strike at Venetia mine
De Beers, the world’s largest diamond producer by value, said on Friday that trusts ongoing negotiations with the National Union of Mineworkers (NUM) will prevent a planned strike over wages at…
The great platinum deficit: Council forecasts record demand in 2023
The World Platinum Investment Council (WPIC) forecasts a record 1-million-oz. platinum deficit for 2023, both in absolute ounces and as a percentage of annual demand, amid a surge in automotive and industrial demand and stagnant supply.
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…