Semafo costs approaching $600 all in
Shares in Montreal-based producer jump after strong operational results at its Burkina Faso gold mine, progress on feasibility for flagship project.
Shares in Montreal-based producer jump after strong operational results at its Burkina Faso gold mine, progress on feasibility for flagship project.
The move would help the miner meet its ambitious target for reducing its $13 billion debt by $3 billion before year-end.
The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.
The Vancouver-based streaming company says the deal immediately adds expected average silver production of 5.1 million ounces per year.
The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.
The U.S’s largest mining company unveils plans to further slash copper and molybdenum output.
Fluor Corporation (NYSE: FLR) announced today that it has opened an office in Gaborone, Botswana, which will serve as the company’s operations base to expand and diversify business activities across sub-Saharan Africa.
The company said Suncor Energy’s hostile takeover offer was "undervalued, opportunistic and exploitive."
After another day of heavy buying Barrick's up 38% from September lows, number three Anglogold has recovered a stunning 76% and Kinross has soared 48%.
The approval will include “the same rights and the same level of legal and fiscal certainty provided under its contract of work,” the company said without elaborating.