Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu gold mines

Barrick plans to expand its East African footprint using the North Mara and Bulyanhulu gold mines in Tanzania as a foundation for this endeavour.

Staff Writer | October 22, 2022 | 4:33 pm

Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC

An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.

Reuters | October 21, 2022 | 5:31 pm

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

Bloomberg News | October 21, 2022 | 3:21 pm

Rare pink diamond of 170 carats to go on sale this month

The 170-carat “Lulo Rose” may be the largest recovered in the last three centuries, Lucapa Diamond said in July.

Bloomberg News | October 21, 2022 | 3:11 pm

Paladin Energy adds more offtake orders ahead of Langer Heinrich restart

Langer Heinrich uranium mine in Namibia to restart by the first quarter of 2023.

Henry Lazenby | October 21, 2022 | 2:04 pm

Pretium’s Bob Quartermain on respect, equality and ‘creating a good outcome’ for all

Industry veteran was recently inducted into the Canadian Mining Hall of Fame.

Amanda Stutt | October 21, 2022 | 12:14 pm

Vale CEO says miner will spin off copper, nickel unit

Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.

Reuters | October 21, 2022 | 11:08 am

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

Bloomberg News | October 21, 2022 | 10:32 am

Aurubis tests ammonia for low-carbon copper product output

Use of ammonia can reduce the amount of natural gas required for the production of copper wire rod by up to 20%, Aurubis said.

Reuters | October 21, 2022 | 9:35 am

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