Newmont cuts two dozen middle manager jobs in corporate overhaul The cuts are in addition to the previously reported reduction of at least 10 senior managers and an executive. Bloomberg News | December 10, 2024 | 1:01 pm
Barrick said to seek buyer for Ivory Coast mine as bullion soars Barrick plans to stop production at the 24-year-old Tongon open-pit mine by 2027. Bloomberg News | December 10, 2024 | 12:55 pm
Fortuna boosts mineral resource at Séguéla gold mine in Côte d’Ivoire Exploration programs grew inferred resources to 677,000 gold ounces, including the contribution of four new mineral deposits, CEO says. Staff Writer | December 10, 2024 | 11:29 am
Copper output from Codelco flat in October, BHP’s Escondida rises Codelco, the world's largest copper producer that is struggling to boost declining output, posted total production of 127,900 metric tons. Reuters | December 10, 2024 | 11:24 am
El Salvador sitting on $3 trillion worth of unmined gold, president says The country has "potentially" the largest gold deposits per square kilometer in the world, Nayib Bukele said on his X account. Staff Writer | December 10, 2024 | 11:04 am
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
US DOE to invest $17 million in critical minerals technology projects The projects, which span 11 states, are designed to strengthen and streamline the manufacturing of high-impact components and technologies. Staff Writer | December 10, 2024 | 9:53 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
Guinea plans sovereign wealth fund backed by iron ore income The African nation's Simandou mine is expected to start production by the first quarter of 2026. Bloomberg News | December 10, 2024 | 9:29 am
