AngloGold’s $2.5bn takeover of Centamin approved by Egypt

There are still conditions to fulfill before closing the deal that would make AngloGold the world’s fourth largest gold producer.

Cecilia Jamasmie | October 15, 2024 | 9:25 am

Newmont, MKS PAMP to launch co-branded, traceable 1-oz gold bars

The traceable, one-of-a-kind gold bar is the culmination of a…

Staff Writer | October 15, 2024 | 8:47 am

Freeport Indonesia halts copper cathode output at Manyar after fire

The $3.7 billion copper smelter was completed in June and…

Reuters | October 15, 2024 | 7:35 am

Kazatomprom strikes large uranium sale deal with Chinese buyers

The buyers are CNNC Overseas Limited and China National Uranium…

Reuters | October 15, 2024 | 7:24 am

Rio Tinto to take over Ranger uranium mine cleanup

Government body ruling ends long-running dispute over the site rehabilitation…

Cecilia Jamasmie | October 15, 2024 | 3:48 am

Lundin hit by worker strike at Caserones copper mine

This year, the Caserones mine is expected to produce 120,000 to 130,000 tonnes of copper and 2,500 to 3,000 tonnes of molybdenum.

Staff Writer | August 12, 2024 | 2:47 pm

Barrick CEO open to being a partner on the Cobre Panama mine

The new government has said the future of the mine will only be decided next year.

Reuters | August 12, 2024 | 9:25 am

Jiangxi Copper’s subsidiary halts production after fatal accident

Three workers were killed and fourteen were injured at the plant in Shandong province.

Reuters | August 12, 2024 | 8:34 am

Iron ore miners face pay rise bid from Australian worker unions

Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises.

Bloomberg News | August 12, 2024 | 7:17 am

BHP, Rio Tinto, Qantas to invest $53m in Australian carbon credit fund

The fund aims to raise $165m to invest in land reforestation projects.

Reuters | August 12, 2024 | 7:00 am

Barrick Gold reports Q2 profit beat on higher output, prices

The company also benefited from higher production at its mines in Nevada and Papua New Guinea.

Reuters | August 12, 2024 | 6:55 am

Gold Fields buys Osisko in $1.6 billion cash deal

The takeover grants the South African gold miner full ownership of the Windfall project in Canada, diversifying its portfolio.

Cecilia Jamasmie | August 12, 2024 | 3:56 am

Glencore crude trader leaves firm after seven years

Over roughly the last 12 months, Glencore’s head of crude trading in the US and at least two other traders have departed.

Bloomberg News | August 11, 2024 | 12:51 pm

Chinese mining firm files judicial review against Ottawa

The judicial review by Zijin could be a test case on how other Canadian companies approach their deal making with regards to Chinese investments.

Reuters | August 11, 2024 | 12:30 pm

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