Barrick gets ten more days to make formal offer for Acacia
The gold giant, which already owns 63.9% of the African company, now has until July 19 to come up with a firm offer for the remaining shares.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
South32 eyes Chile’s Caserones copper mine
The Australian miner is said to be mulling the acquisition of the operation, in a deal estimated at over $1 billion.
Endeavour Mining ups Ity gold mine’s Le Plaque deposit resources to 500,000 ounces
Update increases Ity’s measured and Indicated resources by 11%.
Firestone finds largest yellow diamond to date at Lesotho mine
The 54 carat intense fancy yellow, sawable diamond will be sold in September.
Acacia posts a 19% increase in gold output as Barrick takeover deadline looms
Improved results add pressure on majority shareholder, Barrick Gold, to revise its low-ball takeover offer ahead of Tuesday's deadline.
Chuquicamata strike to dent Chile’s copper output
Analysts forecast a 2.8% decline in the country’s June copper output.
OceanaGold denies shutdown of Didipio copper-gold mine
Australia’s OceanaGold (ASX, TSX: OGC) said Friday that rumours about a halt of operations at its copper-gold mine in the Philippines were just […]
BHP settles dispute over iron ore royalties with Western Australia in $175m deal
Payment ends row over taxes allegedly owed by iron sales made through BHP’s Singaporean marketing arm.
Yamana says Brazilian gold mine on the verge of becoming a “world-class” operation
The Jacobina gold mine is now one of the company's higher quality, top value operations.
Future of mining in Ecuador to be decided by gov’t — SolGold
Court has determined that asking inhabitants of certain provinces about the matters relevant to other areas is unconstitutional.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
