Hochschild Mining gets construction green light for gold project in Brazil Commercial production at Posse gold project, in the central-west Goiás state, is slated to begin in the first quarter of 2024. Cecilia Jamasmie | May 3, 2022 | 7:36 am
Chile rejects Anglo American’s $3 billion Los Bronces expansion Project would allow the company to tap higher grade ores from a new underground section of the mine, extending its life through 2036. Cecilia Jamasmie | May 3, 2022 | 4:05 am
Colombia rejects AngloGold’s appeal over Quebradona license shelving The regulator's decision means the company will have to file a new EIA for the copper-gold project if it wants to proceed with permitting. Cecilia Jamasmie | May 2, 2022 | 9:02 am
Sandstorm Gold buys two royalty firms for $1.1 billion Sandstorm is acquiring Nomad Royalty for $590 million, as well as nine royalties and one stream from BaseCore Metals for $525 million. Cecilia Jamasmie | May 2, 2022 | 3:45 am
Antofagasta opens remote operations centre at Centinela mine The Chilean miner inaugurated this week a $66 million IROC for its Centinela copper mine in the country’s north. Cecilia Jamasmie | April 29, 2022 | 7:31 am
Eldorado Gold to resume Skouries construction in H2 Progress at the project, halted since 2017, has sped up in the past year thanks to a fresh deal between Eldorado and Greece. Cecilia Jamasmie | April 29, 2022 | 3:53 am
Glencore hails trading unit outlook, cuts copper guidance It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion. Cecilia Jamasmie | April 28, 2022 | 3:47 am
Galantas Gold to kick off operations at Irish mine in June The past producing Omagh mine in Northern Ireland is expected to yield between 4,500 to 5,500 ounces of gold for the balance of the year. Cecilia Jamasmie | April 27, 2022 | 7:09 am
Petra Diamonds mulls sale of loss-making Koffiefontein mine Petra wants to offload the Koffiefontein diamond mine in South Africa, which reaches the end of its productive life in 2025. Cecilia Jamasmie | April 27, 2022 | 3:48 am