Osisko Mining hits high-grade mineralization at Windfall

Sudanese Rapid Support Forces seized 241 kg of gold from a plane that landed in Khartoum on May 8 in an investigation into possible smuggling.

Tanzania will no longer allow Acacia Mining to manage its mines in the country and will only work with the company’s parent, Barrick, to resolve the two-year impasse that has stymied operations.

The deal also establishes the Sibanye-Stillwater Group as the world’s second-biggest palladium miner.

President and CEO Mark Bristow said the company expected to complete a feasibility study for the project, which could extend the life of the mine into the 2030s.

At least nine illegal gold miners have died in Zimbabwe after they detonated explosives underground and were trapped at a mine owned by Metallon Corp.

The Canadian miner said that the survey identified multiple high-priority anomalies that warrant follow-up reverse circulation drill testing.

The $285-million takeover bid, considered by some analysts and Acacia’s minority shareholders as low, would see the world's second largest gold producer buying the remaining 35% of the African miner it does not already own, at a discount.

The tremor prompted officials to activate emergency protocols.

The tax was first mooted in 2010 but has been postponed at least three times after mining companies, steelmakers and state-owned power utility Eskom said it would erode profit and push up electricity prices.