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China’s Zijin buys Freeport’s copper-gold assets in Serbia for up to $390 million

5 November 2019 - 02:17
Zijin Mining, one of China’s biggest gold producers, said on Monday it would buy partner Freeport McMoran Inc’s copper-gold assets in Serbia for up to $390 million, substantially boosting its resources of both metals.

SolGold strikes again in Ecuador’s Andean copper belt

30 October 2019 - 03:09
Australia’s SolGold (LON, TSX:SOLG) has announced improvements in copper and gold recoveries at its Alpala deposit in northern Ecuador, which could add $8.7 billion of revenue over the life of its planned Cascabel copper-gold mine.

Pakistan’s tycoons offer to take over former Barrick mine

26 October 2019 - 03:00
Pakistan’s top business tycoons have offered to take over a disputed copper and gold deposit that was once explored by Barrick Gold Corp. and Antofagasta Plc, according to people familiar with the matter.

Barrick CEO says Zambia mine worth more than $735 million

26 October 2019 - 02:52
Barrick Gold Corp. believes its Zambian copper mine is worth more than the $735 million carrying value listed in its latest annual report.

Newmont Goldcorp board approves Tanami expansion 2 project

26 October 2019 - 02:33
Newmont Goldcorp (NYSE: NEM, TSX: NGT) announced today that its board of directors unanimously approved advancing the Tanami expansion 2 project in northern Australia into the execution phase.

Alrosa finds diamond over 230 carats, largest in three years

26 October 2019 - 02:30
The world’s top diamond producer by output, Alrosa (MCX:ALRS), has unearthed a unique rough diamond weighing over 232 carats, the largest gem-quality specimen found in more than three years.

Asia Gold-Indian demand lights up on Dhanteras, Diwali

25 October 2019 - 14:21
Jewellers and retail consumers boosted gold demand in India this week as they stepped up purchases for the festivals of Dhanteras and Diwali, while higher prices dimmed activity in other Asian hubs.

Ivanhoe encouraged by rise in palladium prices

20 October 2019 - 20:45
Ivanhoe Mines’ (TSX: IVN) co-chairmen Robert Friedland and Yufeng “Miles” Sun issued a communiqué this week stating that recent increases in the price of palladium, nickel, rhodium and gold have resulted in the weighted price of the ‘basket’ of metals contained in the ore at the company’s Platreef project to rise to a new, multi-year high.

Ebola concentrated in Congo mining area, still an emergency — WHO

20 October 2019 - 20:22
Ebola is infecting and killing people in a gold mining area of eastern Democratic Republic of Congo, and the “complex and dangerous” outbreak still constitutes an international emergency, the World Health Organization (WHO) said on Friday.

Barkerville discovers new Lowhee zone at Cariboo project

17 October 2019 - 22:07
Barkerville Gold Mines has announced the successful results of drilling at its Cariboo gold project in British Columbia. Not only were high grades confirmed at Cow Mountain, but the company made a new gold discovery – the Lowhee zone.
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