Avesoro Resources main shareholder submits takeover bid
The Canadian miner also said it's currently assessing the long-term viability of its Youga gold mine in Burkina Faso.
Cecilia Jamasmie , Editor-in-Chief
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Harmony Gold mulls AngloGold assets acquisition as reserves dwindle
The South African gold miner is interested in many projects, including AngloGold Ashanti’s Mponeng operation.
Philippine anti-mining advocate Gina Lopez dies after battle with cancer
The former environment minister rose to international prominence in 2016 by launching a crackdown on the country’s mining industry and closing down several operations on environmental grounds.
Lydian scores small victory in Armenia as criminal probe into blockades launched
Court of appeal ruled that police must prosecute a group of protesters who have been illegally blocking access to the company’s Amulsar gold project.
Turquoise Hill bears the brunt of further delays, added costs for Oyu Tolgoi mine
The Canadian miner's shares have sunk to historic lows in August on news that production from the vast Oyu Tolgoi copper-gold-silver mine in Mongolia could be delayed 16 to 30 months from the original estimate, while the capital cost of the underground expansion could cost another $1.9 billion.
Ivanhoe, CITIC complete second major financing for Congo mines
The investment provides Ivanhoe with the equity cushion required to fast-track Kamoa-Kakula’s 6 Mtpa Phase 1 mine to production.
Avesoro regains control of Burkina Faso gold mine after security breach
The company had halted operations last week as a precautionary measure after armed artisanal miners attempted to steal ore from the Youga mine’s stockpile.
Acacia Mining resumes gold exports from North Mara; processing remains halted
While the ban on North Mara’s tailings facility remains, the company can now sell stockpiled gold from the mine.
Anti-mining protests in Peru threaten $5bn Quellaveco copper project
Community members claim Anglo American has not met its commitment to hire 80% of the required labour locally.
Malaysia allows Lynas to continue operating rare earths plant for six months
Country has also imposed fresh conditions to the miner, including the need of a plan to move its cracking and leaching facility overseas within four years of the licence renewal.
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.
