MINING.COM

Barrick chair says he ‘never’ planned to use Hannam for Randgold merger

Dealmaker is suing Randgold for up to $18 million over Barrick merger work.

Staff Writer | December 10, 2024 | 10:47 am

Lundin Gold raises gold guidance, costs for Fruta del Norte

It now expects to produce 475,000–525,000 ounces of gold in 2025, up from its 2024 target of 450,000–500,000 ounces.

Cecilia Jamasmie | December 10, 2024 | 9:49 am

Collapsed wall kills five Kenyan gold miners, local official says

The incident occurred at the Hillo artisanal mine.

Reuters | December 10, 2024 | 9:10 am

Centerra backs Dryden Gold with $2.4 million for 9.9% stake

Dryden said it will now be fully financed through 2025 with a C$5.8 million exploration budget.

Staff Writer | December 10, 2024 | 8:20 am

Gold price could extend record run into 2025, Heraeus says

Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025.

Reuters | December 10, 2024 | 7:11 am

Polyus says sanctions will double cost of Siberian gold deposit

The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.

Reuters | December 10, 2024 | 7:07 am

Jaguar Mining stock plunges after tailings pile slump forces Brazil mine shutdown

Jaguar expects a return to production to be no shorter than one month.

Staff Writer | December 9, 2024 | 2:55 pm

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

Bloomberg News | December 9, 2024 | 10:56 am

Namib Minerals set for Nasdaq debut following $500m SPAC deal

The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date.

Staff Writer | December 9, 2024 | 10:55 am

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Biden moves to block mining in New Mexico

China leads world in energy transition, Wood Mackenzie says

Heliostar plans for January restart of La Colorada mine in Mexico

Osisko Development’s Cariboo gold project nears shovel-ready status as all key permits secured

Gold’s breakneck rally may slow down in 2025, WGC says

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