RANKED: Top 10 lowest cost gold projects on the globe
Turkey took three out of the top five.
Turkey took three out of the top five.
Top executives at the world's largest mining companies expect a big focus on environmental, social and governance issues and more consolidation.
The latest dividend hike follows the doubling of dividends announced in the third quarter.
The upgrade aims at lowering greenhouse gas emissions and cutting costs.
A business combination would create a mid-tier gold miner with a market value of almost $4 billion and an annual production of more than 1.2 million ounces.
The company intends to use the proceeds for the Waterberg joint venture project.
Expansion of the company's Young-Davidson mine will be completed in June 2020.
Massawa, one of the highest-grade undeveloped open-pit gold reserves in West Africa, is 20 km away from Teranga’s flagship Sabodala mine.
It is selling its remaining 20.7 million shares in the Vancouver-based gold miner to the other two major investors — Newcrest and the Lundin Family Trust.
Egypt-focused Centamin said the proposal did not offer enough value its shareholders.