Canada’s Equinox Gold buys smaller rival Leagold in $578 million deal
Deal adds Leagold's four mines in Mexico and Brazil to Equinox’s two mines in California, US, and one in Brazil.
Cecilia Jamasmie , Editor-in-Chief
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Endeavour, Centamin to explore potential merger
A business combination would create a mid-tier gold miner with a market value of almost $4 billion and an annual production of more than 1.2 million ounces.
Lundin exports gold from Ecuador’s first large-scale operation
Full production at Fruta del Norte is expected in the second quarter of 2020.
Newmont Goldcorp, Mexican community reach crucial water deal
The 30-year pact guarantees the San Juan de Cedros community, in Zacatecas, additional water wells and infrastructure.
BHP’s transformation boss to leave as part of internal overhaul
Jonathan Price is the second major exit announced this week and is part of BHP’s strategy to shift certain responsibilities away from the executive team.
Experts blame Vale’s deadly dam collapse on drainage issues
Drainage problems would have caused "persistently high water levels" that weakened the facility’s walls, say experts appointed by the miner.
Rio Tinto scores big win in Mongolia
The country’s parliament has approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements.
Alrosa to mine first diamonds from Angola in mid-2020
The Russian miner and its local partner, Catoca Mining, say Luaxe could produce 1 million carats, worth $90 million, next year.
ICMM updates mine-community relations guide to reflect investors’ pressure
Improved guidance integrates the eight effectiveness criteria of the UN Guiding Principles on Business and Human Rights.
Anglo American cuts output targets for coal, iron ore and diamonds
While bullish on copper, the miner has also cut production guidance for 2020 to between 620,000 and 670,000 tonnes.
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
