Newmont kicks off 2020 with 79% dividend hike, new image
The gold giant plans to increase its quarterly dividend to 25 cents US a share, up from 14 cents, starting in April.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Northern Star closes iconic Super Pit gold mine acquisition
The deal further increases the size of the ASX-listed gold sector, which has significantly expanded over the past 18 months.
Avesoro Resources to delist as top shareholder completes acquisition
Shares are expected to stop trading in Toronto on Jan. 7 and in London on Jan. 8.
Nemaska Lithium fights bankruptcy amid market glut
It has filed for creditor protection, following several months attempting to find new investors to continue operations.
Resolute completes first phase of Ravenswood gold mine’s expansion
The ultimate plan is to expand Ravenswood’ gold annual production to 200,000 ounces over 15 years, beginning in 2022.
AngloGold, Iamgold to sell stake in Mali’s Sadiola mine
The operation is one of the three assets AngloGold Ashanti put on the chopping block in the past year.
Anglo American to boost Minas Rio mine to full capacity as it gets key licence
The permit allows the company to complete a third phase of development that will ramp up mine production to 26.5 million tonnes of iron ore per year.
South32, Trilogy Metals to jointly develop Alaska project
The move will help South32 expand its portfolio in North America.
Codelco cancels $1bn desalination plant contract with Japan’s Marubeni
Construction of the plant, with an initial capacity of 840 litres per second, was due to start in the first quarter of 2020.
AngloGold reopens 30 million ounce Ghana mine
The company is seeking access to Obuasi’s 30-million-ounce ore body over the next two decades.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
