Trevali reissues guidance with lower costs, shares jump

Miner said full-year profit and output was on track despite a third-quarter dip, but its shares slid to a three-month low after its CEO did not rule out seeking arbitration over a tax dispute in Mali.

The Tanzanian gold producer, majority owned by Barrick, has been locked in a months-long dispute with the local government.

Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office.

Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.

Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.

The company has found six diamonds larger than 100 carats in the first nine months of the year, compared with just four throughout 2016.

Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.

Stuart Chambers faces investor calls for clear direction at the company, long seen as a potential takeover target.

Fura Gems aims to resume production at the mine within six months of the deal closure.