Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring
The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Silvercorp sells stake in Orecorp to Perseus Mining
Silvercorp is selling its 15.6% stake in OreCorp to Perseus Mining, which is poised to take control of the Africa-focused explorer by the end of next week.
Hecla’s silver output jumps 43% with Lucky Friday at full tilt
The Idaho silver mine, which is Hecla’s third-largest producer, yielded 1.1 million ounces in the first three months of the year.
Vale walks away from exploration JV with Serabi Gold
Serabi Gold noted it remains optimistic as there already are “a number of other groups keen to partner” with them.
Rio Tinto promotes copper boss Bold Baatar to commercial chief
Baatar's role in the expansion of Oyu Tolgoi and the $6.2bn Simandou iron ore project highlights his suitability for the post.
Zimbabwe launches “gold-backed” currency to replace dollar
The new currency, ZiG, will be supported by a combination of foreign currencies, gold and other precious metals.
BHP blames tech limits for climate delays exposed in leaked documents
BHP says battery-electric haul trucks are not yet viable at scale as it defends postponing Pilbara decarbonization projects.