Gold’s deal blitz could draw in the rest of mining

A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight-year high is seen spilling over into the wider mining industry.

Bloomberg News | December 10, 2019 | 3:23 pm

First Quantum quashes Rio rumor, says Jiangxi no threat

Executives were caught off guard by this week’s share purchase by Jiangxi Copper, but say there’s no chance that will lead to a takeover bid either.

Bloomberg News | December 10, 2019 | 1:27 pm

Implats to close North American Palladium takeover this week

The C$758 million transaction, which was first announced in October, remains on track to close on December 13.

Jackson Chen | December 10, 2019 | 11:58 am

Kirkland Lake reports high grades, expands mineralization at Fosterville

Earlier this month, the company released the results of drilling completed on other areas of Fosterville mineralization.

Canadian Mining Journal Staff | December 10, 2019 | 11:24 am

Gold’s been on a tear this year and 2020 may see more reward

BlackRock, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman and UBS see prices climbing to $1,600 an ounce.

Bloomberg News | December 10, 2019 | 10:19 am

ICMM updates mine-community relations guide to reflect investors’ pressure

Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights.

Cecilia Jamasmie | December 10, 2019 | 9:39 am

Palladium tops $1,900 as South Africa power cuts fuel supply woe

Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.”

Bloomberg News | December 10, 2019 | 9:24 am

Anglo American cuts output targets for coal, iron ore and diamonds

While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.

Cecilia Jamasmie | December 10, 2019 | 7:03 am

Madagascar to raise minerals taxes, take 20% stake in mining projects

Mining royalties would rise to 8% from 2% for raw precious stones. Rough industrial stones would attract a 6% royalty rate while cut industrial stones would be taxed at 3%.

Reuters | December 10, 2019 | 6:46 am

First

Last

Create FREE account or log in

to receive MINING.COM digests