Avesoro Resources sticks to 2019 guidance, despite steep gold output drop

Avesoro sticks to 2019 guidance, despite gold output drop

The company's gold production fell to 34,338 ounces in the three months to June 30 from 45,098 ounces in the previous quarter, equivalent to a 43% drop from Q2 2018.

Cecilia Jamasmie | July 10, 2019 | 6:45 am

Hudbay Minerals’ Alan Hair steps down as CEO

Former Nevsun Resources leader, Peter Kukielski, will serve as interim-CEO, while the miner looks for a permanent boss.

Cecilia Jamasmie | July 10, 2019 | 4:46 am

Barrick Gold, Tanzania begin talks to resolve Acacia Mining dispute

Barrick gets ten more days to make formal offer for Acacia

The gold giant, which already owns 63.9% of the African company, now has until July 19 to come up with a firm offer for the remaining shares.

Cecilia Jamasmie | July 9, 2019 | 9:00 am

South32 eyes Chile’s Caserones copper mine

The Australian miner is said to be mulling the acquisition of the operation, in a deal estimated at over $1 billion.

Cecilia Jamasmie | July 9, 2019 | 5:00 am

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Cecilia Jamasmie , Editor-in-Chief

Posts by Cecilia Jamasmie:

Avesoro sticks to 2019 guidance, despite gold output drop

Hudbay Minerals’ Alan Hair steps down as CEO

Barrick gets ten more days to make formal offer for Acacia

South32 eyes Chile’s Caserones copper mine

Endeavour Mining ups Ity gold mine’s Le Plaque deposit resources to 500,000 ounces

Firestone finds largest yellow diamond to date at Lesotho mine

Acacia posts a 19% increase in gold output as Barrick takeover deadline looms

Chuquicamata strike to dent Chile’s copper output

OceanaGold denies shutdown of Didipio copper-gold mine

BHP settles dispute over iron ore royalties with Western Australia in $175m deal

Delays hit Gemfields ruby plant as Zambia mine reboots