The Newmont-Goldcorp deal is positive news for gold mining
Consolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now.
Consolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now.
Platinum could be the dark horse among precious metals, according to a money manager at Pacific Investment Management Co.
Some of the mining world’s top executives are starting to plan their departures.
Gold output in South Africa, once the world’s biggest producer of the metal, fell for a 14th straight month in November.
The new strike would begin on Jan. 22 and involve around 12,500 of its members.
Company sources say Cutifani is happy to stay beyond his 2020 mandate and that shareholders are not against the idea, but they added that Duncan Wanblad, promoted early this month to group director of strategy and business development, is regarded as a potential successor.
Canadian Environment and Climate Change Minister, Catherine McKenna, said the proposed mine was not likely to have significant adverse effects if the 120 stipulated conditions were met.
Approximately 77% of all mining accidents resulting in a fatality have occurred to involve human factor in operating with equipment. Digital solutions implemented could allow to reduce human involvement in a dangerous mining process.
Canada’s influence on the global mining industry appears to be shrinking by the day.
Ecuador’s largest underground gold and silver mine is on track to begin production before the end of the year.