Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy PwC will oversee the company’s activities during the process, which has already seen the resignations of four directors. Staff Writer | November 16, 2023 | 3:28 am
World’s best-performing big IPO is about to get an extra boost PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes. Bloomberg News | November 15, 2023 | 10:10 am
Skeena says Eskay Creek FS has $1.5bn after-tax value, 43% return In the first five years of operations, the new project will produce 455,000 oz. of gold annually. Staff Writer | November 15, 2023 | 10:09 am
Hong Kong ousts Dubai as biggest hub for Russian gold trade The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market. Bloomberg News | November 15, 2023 | 10:01 am
IAMGOLD moves to buy rest of Euro Ressources The €3.50 per share offer represents a 6.71% premium based on Euro Ressources closing price on November 13. Staff Writer | November 15, 2023 | 5:11 am
Barrick’s Bulyanhulu gold mine using Gekko’s IRL to boost efficiency The introduction of the ILR to this location is a significant development, building upon the success of its implementation at various other mines operated by Barrick. Staff Writer | November 14, 2023 | 10:30 am
Pakistan drawing Saudi interest in mine stakes, adviser says Saudi Arabia has shown interest in acquiring government stakes in Pakistan's Reko Diq mine. Reuters | November 14, 2023 | 7:51 am
Calibre Mining, Marathon Gold combine to create Americas-focused gold mid-tier Calibre Mining is set to acquire Marathon Gold in a C$345 million deal. Staff Writer | November 13, 2023 | 10:27 am
Peru to implement new measures in mining, energy sectors to reactivate the economy The Peruvian executive wants to implement 25 measures to reactivate the country’s economy, focusing on the mining, energy and oil and gas sectors. Staff Writer | November 12, 2023 | 9:15 am