Barrick granted ten exploration licences in Tanzania
The gold giant will spend $8 million in exploration in the African country by year-end.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Wheaton Precious Metals to trade in London
Wheaton is the largest metals and mining company to join the London Stock Exchange since Glencore in 2011.
Anglo American output in Q3 jumps, thanks to Collahuasi
Total production climbed by 24% from Q2 on the back of continued strong performance of Collahuasi copper mine in Chile.
Polyus’ Siberian gold deposit has world’s biggest reserves
Russia’s largest gold producer said its Sukhoi Log deposit holds 40 million ounces of proven gold reserves, which makes it the world’s largest.
Anglo American sued for alleged lead poisoning in Zambia
Class action claims there are more than 100,000 in Kabwe who are likely to have suffered lead poisoning as a result of pollution caused by Anglo.
Antofagasta keeps guidance despite copper output drop
Copper production fell 4.6% in third-quarter to 169,600 tonnes, mainly due to major maintenance work at the flagship Los Pelambres mine.
Nordgold matches Shandong Gold’s offer for Cardinal in takeover battle
Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.
Miners speed up automation as covid-19 impacts linger
About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.
Petra tosses company sale after debt-for-equity deal
The diamond miner expects the restructuring to become effective in the first quarter of 2021.
BHP scraps $2.5bn Olympic Dam expansion plan
It has decided against the brownfield expansion project after studies of the ore body revealed weaker than expected results.
Kidnappers kill Vizsla mine workers in Mexico
Vizsla is awaiting confirmation from Mexican authorities and will provide further updates as appropriate.
