Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.
Newcrest Mining Mining News
The Wafi-Golpu mine in Papua New Guinea is considered one of the world's largest untapped gold resources.
Total gold production for the three months ended March 31 came in at 623,124 ounces compared with 575,791 ounces a year ago.
The move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
Australia’s largest gold producer has been searching for juniors with appealing assets in Western Australia's Paterson region to jointly develop them.
Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.
Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.
The bank has upgraded Imperial Metals to a neutral rating from underperformer and lifted its 12-18 month target price on the stock.
The joint venture will focus on advancing the London-based explorer’s Havieron project in Western Australia's prolific Paterson region.
Australia’s largest gold producer is paying $806.5 million for a 70% stake in Imperial Metals’ Red Chris copper and gold mine, located in British Columbia.
Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.
The country's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years.
The US mining giant also fired back with a deal that seeks merging operations in the state of Nevada.
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 companies, is setting an independent panel of experts to develope a global standard for tailings facilities to be enforced to its members.
The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.
Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.
The rise was buoyed by an increase in gold production and lower cost of mining.
Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.
After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.
As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.
Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.
The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources’ Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.
Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.
Despite 5% rise in output, Newcrests stock has fallen more than 9% this year.