Centamin annual profit boosted by soaring gold prices
Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Hummingbird faces fresh headwinds at Guinea gold mine
One of its main contractors has halted activities at the Kouroussa gold mine as a result of contractual disputes.
Glencore’s carbon emissions jumped 8.8% in 2023, reveals new climate plan
Increase was a consequence of expanding coal production and restarting an oil refinery in South Africa.
Vale faces fresh $3.8 billion lawsuit over 2015 dam disaster
The legal action in the Netherlands is being pursued by 77,000 claimants represented by law firms Pogust Goodhead and Lemstra Van der Korst.
Antofagasta secures $2.5 billion for Centinela copper mine expansion
Construction of a second concentrator will add 144,000 tonnes a year to the company’s overall production.
Lucapa Diamond soars on 48% rise in resources at Angola mine
Resources at Lulo mine in Angola increased to 228,000 carats as of December 31, up from 153,870 carats the previous year.
BHP becomes first miner in Chile to exceed 40% female representation
In 2016, BHP had only 17.5% female workers globally and today employs 1,509 women at Escondida mine alone.
Perseus extends OreCorp takeover bid to April
Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.
Canada clears way for $53B Anglo-Teck merger
Legally binding investment pledges and a Vancouver HQ helped secure Ottawa’s approval for the landmark mining merger.
