Barrick meets new PNG leader about Porgera mine lease extension
The Porgera mining lease is set to expire on August 16, 2019.
The Porgera mining lease is set to expire on August 16, 2019.
Newmont Goldcorp was the sole mining company in the top 20 and one of only two miners to make the magazine’s 20th annual list.
Once at full-tilt, the open-pit operation is expected to generate 65,000 ounces of gold annually over an 8-year mine life.
Preliminary analysis by McEwen Mining suggests that the truck driver may have suffered a medical emergency while operating the haul truck prior to losing control, running up an embankment and overturning.
The Canadian miner said it wasn’t aware of any "material change" that would account for the sharp price rise in its stock on Thursday and into early trading on Friday.
Lithium chemicals supplier Livent Corp. saw its shares tumble by over 22% on Wednesday on the back of a disappointing Q1 earnings release.
The goal is for the sale process to be well advanced by mid-2020.
The Toronto-based gold miner reported an adjusted net loss of $2.2m, or roughly $0 per share, falling short of analysts' expectations of $0.01 per share.
Canadian miner will elect 11 nominees of Waterton Global Resource Management, its second largest shareholder, as part of the settlement that ends a long-dragged out battle over control of Hudbay.
Scott Caldwell has agreed to stay as president and CEO of the Canadian gold miner while the search is underway.