Dealmaker sues Randgold for up to $18 million over Barrick merger work Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement. Reuters | December 6, 2024 | 9:11 am
Torex Gold reports fatalities at Mexican underground mine, shares plunge As a result of the incident, activities at the ELG underground mine have been suspended. Staff Writer | December 6, 2024 | 8:26 am
SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition The miner announced the acquisition of CC&V in Colorado from Newmont on Friday. Staff Writer | December 6, 2024 | 8:03 am
Botswana faces worst downturn since 2020 as diamond sales slump Botswana’s economy may contract by 1.7% this year due to a prolonged downturn in diamond sales. Bloomberg News | December 6, 2024 | 7:08 am
Adani smelter expansion will cut India’s refined copper imports, government says Kutch Copper has already started operations and is expected to reach full capacity by February-March next year. Reuters | December 6, 2024 | 7:04 am
Mining People: M3 Metals, Nickel 28, Pasofino, Teck, Osisko Development Key moves in the mining sector. Staff Writer | December 6, 2024 | 6:06 am
Wheaton strikes $175m streaming deal for Ethiopia’s first commercial gold mine The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026. Cecilia Jamasmie | December 6, 2024 | 3:58 am
Friend to foe: Mali wants to arrest CEO who made it billions In Mali and beyond, Bristow has established a reputation for thriving in African jurisdictions considered overly risky by many rivals. Bloomberg News | December 6, 2024 | 3:26 am
Rio Tinto’s abandoned Panguna copper mine still a threat, report says Panguna, which was operated by Rio subsidiary Bougainville Copper, was once one of the world’s largest copper mines. Bloomberg News | December 5, 2024 | 5:13 pm