Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
Africa
Endeavour Mining and Fortuna Silver operations unaffected by Burkina coup
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and Fortuna Silver Mines (TSX: FVI; NYSE: FSM) say their mines in Burkina Faso have not been affected after a military junta seized control of the country…
In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
More than 100 injured, at least a dozen dead after blast in Ghana’s mining region
At least 13 people have been killed and more than 100 injured after a vehicle carrying explosives to a gold mine exploded after colliding with a motorcycle in western Ghana, police and government officials say. …
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
NextSource shares storm ahead on successful Molo graphite plant testing
The Toronto-quoted equity of Sir Mick Davis-backed graphite mine developer NextSource Materials Inc. (TSX: NEXT; US-OTC: NSRCF) continues to climb after the company announced successful factory acceptance testing this week…
Ivanhoe Mines to produce 340,000 tonnes of copper at DRC mine in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said on January 10 that it expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper…
Trigon produces first Kombat copper concentrate
Trigon Metals (TSXV: TM) has succeeded in restarting copper and silver concentrate production at the Kombat mine in Namibia, placing the project on track to meet commercial production objectives by…
Ivanhoe’s Kamoa exceeds annual copper guidance
Ivanhoe Mines (TSX: IVN; US-OTC: IVAPF) announced today that its Kamoa-Kakula joint venture in the Democratic Republic of the Congo has exceeded the upper end of its annual copper production…