FLSmidth grabs a piece of Sandvik
The Danish equipment manufacturer has completed its acquisition of Sandvik Mining Systems’ projects business except for transfer of assets in South Africa.
Cecilia Jamasmie , Editor-in-Chief
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India’s NMDC joins the race for $9bn diamond project
Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem.
Centerra Gold to buy AuRico Metals in $243m friendly deal
Producer offers 38.5% cash premium for AuRico Metals developing the Kemess gold and copper project in British Columbia, Canada.
Canadian junior miners worth jumps for second year in a row
Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.
Operations resume at Buenaventura’s silver mine in Peru
Community protests had forced the firm to halt output at Uchucchacua last week.
AngloGold cash flow, output jump in third quarter
South African gold miner said it’s on track to meet 2017 guidance.
Copper miners to see profit grow further in 2018 — report
Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.
Thailand faces arbitration over decision to shut only active gold mine
Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover “the substantial losses” it has incurred.
Lucara Diamond readies for $195 million expansion of Karowe mine
Results of a preliminary economic assessment have revealed the potential for the development of an underground mine at the company's mine in Botswana.
Bacanora Minerals secures land access to flagship lithium project in Mexico
The de-risking milestone is for the company's Sonora project in Mexico, expected to produce 35,000 tonnes a year of lithium carbonate.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.