ON THE MOVE: Mining management and board changes
The monthly publication tracks management and board appointments across Canada’s mining and mineral exploration industry.
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Newcrest cuts 2020 gold production forecast
Guidance for FY20 has been adjusted to reflect the recently completed divestment of Gosowong.
Equinox-Leagold merger complete
The deal creates an Americas-focused gold miner with a market capitalization of about $1.75 billion.
Centerra expands exploration to US with option deal
The company has an option to earn a 70% interest in Otis Gold's Oakley project.
Ontario invests C$63 million to bring mining into the digital age
The Smart Mining Testbed will provide access to state-of-the-art wireless communications within a working mine.
Copper price revised up on bullish H2 2020 outlook
Fitch expects the majority of shuttered manufacturing hubs and supply chains in China to be freed of restrictions by April.
Global market volatility drove gold ETFs to all-time highs – report
In February, gold-backed ETF holdings reached 3,033 tonnes.
Newmont sells stake in Continental for $260m
The sale was part of a contractual arrangement to support Zijin Mining Group’s acquisition of Continental.
Newcrest closes $60m sale of Gosowong mine in Indonesia
The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.
Group Ten Metals announces warrant exercise, shares bounce
Shares of Group Ten were up nearly 5% at Tuesday's market open.
RANKED: World’s top 20 largest gold mines
Mine production saw a modest rise to 3,672 tonnes last year, WGC data shows.