Brazilian billionaire Eike Batista, number one on MINING.com's list of the world's wealthiest miners, is about to get even richer as the tycoon is in talks to sell a 49% stake in his gold mining company, AUX, to Qatar Holding, the investment arm of that country's sovereign wealth fund.
China and Venezuela have signed an agreement to jointly develop Las Cristinas gold mine, one of the world’s largest deposits of the shiny yellow metal, located near a town bearing the name of the mythical golden city of El Dorado.
Chile’s Chemical and Mining Society (SQM), the world’s largest lithium producer, has won a tender to develop a lithium concession in the country, which produces nearly 40% of the increasingly popular metal.
1,000 residents of Jangas, a district located in Huaraz in the Ancash region of Peru, are demanding that Barrick leave the region after police killed a resident who held demonstrations against the company.
After a tough week Belo Sun is holding onto 36% gains since the start of the year indicating the confidence the market has that the investigation into its Brazilian gold project is just a temporary hiccup.
When Leily Omoumi, a gold analyst with Scotiabank in Toronto, turns her engineer's eye on a mining company, she can translate insight into profits for investors.