Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.
Gold Mining News
The massive project is expected to process close to 80,000 tonnes of copper ore a day.
Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.
Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.
The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.
Death toll has risen to five after a tremor rocked the firm's Kusasalethu mine last week.
On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later, President Trump reversed his previously stated position on the 16 year old Afghan War, thereby eclipsing the possibility that the United States would finally come to its senses and rethink a failed strategy that is likely to fail for years, perhaps decades, to come.
The loss was in part due to weakness in the price of nickel, with zinc remaining flat and copper seeing a slight increase.
Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.
Move could mean good news for Gabriel Resources' long-stalled namesake gold project.
The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.
Analyst Andrew Kaip with BMO Capital Markets upgraded his rating and target price on this Canadian gold company after modeling the impact of an upcoming estimated resource on its overall production.
Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.
US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.
Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.
The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.
Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.
Hedge funds flock to the gold market.
Oreninc Index falls as vacation season continues.
How Franco Nevada’s founders built a 8,250 bagger and a new gold royalty startup following in their footsteps.
Two more remain missing after they were trapped underground following an earth tremor last week.
The Canadian gold miner chose Caterpillar and Barloworld for 7 MW solar power installation at Otjikoto mine in Namibia.
Two miners have been killed in an underground mine collapse in South Africa caused by an earth tremor.
The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness.
A miner with spending money just increased its fleet and made another giant leap forward in expanding its already producing Nevada project.