Indonesia's state mining holding company expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc.
Gold Mining News
DRC's resolve to overhaul mining code shouldn't have surprised the industry – Kinshasa's become too important to global supply for companies to pull sticks.
There is a risk that the Fed’s forecast will be more aggressive, but the fears of a hawkish revolution may be a bit overblown.
Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black ownership in the industry in the coming weeks.
The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.
Polyus aims for up to 15% of global market od antimony, a metal used primarily in fire retardants and batteries.
Turns out, it may be easier to strike gold by growing green.
The Swiss attorney general’s office launched its probe in 2016, court documents show.
Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso.
The operators are pressing the government to row back on some of the reforms President Joseph Kabila signed into law this month.
But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.
The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.
Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said. Many […]
January profits for the Sukari gold mine are making headlines in the country.
The project is being proposed by Toronto-based Aquila Resources.
According to AP, an Albuquerque law firm filed 13 claims totalling $120 million, but a recently released EPA spreadsheet says it was 14 claims totalling $220 million.
Geopolitical turmoil not piercing bullion markets yet – gold in tightest weekly trading range in percentage terms since 2012; in dollar terms since 2007.
Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years.
Oyu Tolgoi booked $939.8 million in revenue for 2017, down from $1.2 billion the previous year.
Dealers in India were offering a discount of up to $3 an ounce over official domestic prices, unchanged from last week.
The major gold miners’ recently-released Q4’17 results prove they are thriving, despite their languishing stock prices.
Gold now represents just under 70 per cent of the Central Bank's international reserves.
Dore bars fell from the sky.
For the month of February, gold equities declined 10.10%, while gold bullion fell a modest 2.08%, as measured by GLD.
The companies have just resigned from the Congolese Chamber of Commerce.