Barrick sweetens Acacia buyout
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest bullion miner, is counting the days until it takes full control of its African subsidiary, Acacia Mining (LON: ACA). By now,…
Africa
Diamond exploration pioneer Chris Jennings sees past market gloom
When the Diavik diamond mine began production in 2004, there were likely more than a few miners that experienced deep pangs of regret, remembering that they could have had a…
Top-10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization, as of early July 2019. 1. Nutrien Market cap: $41.8 billion Nutrien (TSX: NTR; NYSE: NTR) is the…
Diamcor nears production announcement
Diamcor Mining’s (TSXV: DMI) Krone-Endora project isn’t a typical diamond development story. The project, next to De Beers’ Venetia mine in South Africa, is an eluvial deposit, representing a direct…
Q&A with De Beers’ Mpumi Zikalala
In February, De Beers announced it was consolidating its assets in South Africa and Canada into one entity called De Beers Group Managed Operations. At the same time, Nompumelelo (Mpumi)…
Lucara advances its Clara digital sales platform
Lucara Diamond’s (TSX-LUC) Karowe mine in Botswana continues to turn out enormous diamonds. The latest, in April, weighed in at 1,758 carats. While the diamond was recovered unbroken, the stone…
Gold industry needs to ‘get back to basics,’ Iamgold’s Letwin argues
At The Northern Miner’s Canadian Mining Symposium, held at Canada House in London, U.K., Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin spoke on gold. Below is the…
Glencore confirms 19 artisanal miners dead in DRC
Glencore (LON: GLEN) says 19 illegal artisanal miners have died, “with possible further unconfirmed fatalities,” when two galleries caved in at Kamoto Copper Co.’s KOV open-pit copper mine in the…
Glencore to support First Cobalt’s refinery in Ontario
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America. The company, which plans to restart its hydrometallurgical…
Lucara has two-pronged growth plan, CEO Eira Thomas says
LONDON, UNITED KINGDOM – The following is an edited excerpt of an interview with Lucara Diamond (TSX: LUC) president and CEO Eira Thomas, carried out by Dean MacPherson, head of…
Ivanhoe advances ‘world’s best copper development’ at Kamoa-Kakula
It would not be a stretch to suggest Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) executive co-chairman Robert Friedland is probably the world’s best mining promoter. The Friedland legend started to…
Editorial: Global geopolitics sideswipe African uranium miners
The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 — which cut global uranium demand some 10% for many…