Barrick takes Acacia Mining back as buyout deal sealed
Acquisition ends Acacia’s near-decade presence on the London Stock Exchange. Shares will be delisted with effect from Sept. 18.
Cecilia Jamasmie , Editor-in-Chief
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B2Gold to begin $50m-expansion of Fekola mine in October
The project will extend the life of the Mali gold mine to 2030.
Sirius Minerals shares crash after scrapping $500m fundraising plan
The miner said it was not possible to raise the funding needed to move ahead with the Woodsmith project.
Gran Colombia to spin off Marmato gold project
The Canadian miner will retain a major stake in the new company while leveraging the capital markets to provide the funding required for ongoing exploration and underground development.
Waterton’s Gemfield Resources kicks off construction of gold mine in Nevada
The Gemfield project is one of a few open-pit, heap leach gold mines in the US to be fully permitted and shovel-ready.
Petra Diamonds shares hit all-time low as loss widens
Miner said the diamond market was in its worst state since the financial crisis that began in 2008.
B2Gold ups stake in Colombian JV with AngloGold Ashanti
As part of the deal, the miner will fund investment and exploration to the value of $13.9m at the Gramalote project next year.
UK high court ok’s Barrick’s Acacia takeover
The deal ends Acacia’s near-decade presence on the London Stock Exchange.
Vale partially halts work at second-largest iron ore mine
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Minas Gerais state's largest mine.
PNG demands 40% of output from Newcrest-Harmony’s Wafi-Golpu project
At peak production, the mine is forecast to churn out 320,000 ounces of gold and 150,000 tonnes of copper a year.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
