Avesoro’s annual production jumped by 15% to 220,458 ounces of gold compared with 2017, with its New Liberty mine in Liberia alone churning out 109,107 ounces.
Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged "mismanagement."
For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
The carmaker will use a blockchain-based platform to trace supplies of cobalt from a Chinese-owned mine in the Congo for the batteries in its electric cars, in an effort to ensure they are not linked to human rights abuses.
The South African consortium distanced itself from allegations that it is linked to the Gupta family, the previous owner of Optimum coal and other two assets.
Company has completed a scoping study at its Khemisset project in northern Morocco, which shows it has the potential to be among the world’s lowest capital cost potash mines.
Canadian Environment and Climate Change Minister, Catherine McKenna, said the proposed mine was not likely to have significant adverse effects if the 120 stipulated conditions were met.