March 31, 2021 Kirkland Lake expects Detour to produce up to 900k oz annually by 2032 Technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025.
March 31, 2021 Red Chris resource from Newcrest confirms block cave potential Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.
March 31, 2021 South Africa union seeks 15% wage hike from gold miners and Eskom Gold producers have in the past argued that above-inflation wage hikes cannot be sustained unless prices also rise.
March 31, 2021 Copper Mountain announces $250 million senior secured bond issue The Vancouver-based company says it plans to use the funds to refinance all existing debt, and to advance its growth projects.
March 31, 2021 Anglogold plays down merger prospects amid deal talk Sibanye-Stillwater CEO Neal Froneman this month floated the idea of a merger with peers AngloGold and Gold Fields.
March 31, 2021 Paying 10% dollar yield, obscure Vale bond is now talk of Brazil The securities, of which the payout is based on Vale’s dollar revenue, has more than doubled in value over the past 12 months.
March 31, 2021 Vedanta plans to build a new $1.4bn copper plant Company is scouting for locations to set up a new copper smelter in India as its plant in the southern state of Tamil Nadu has remained shuttered for close to…
March 31, 2021 Ganfeng sees lithium rally extending as profits almost triple Battery-grade lithium carbonate prices started to buck a three-year downturn in the second half of 2020 as electric vehicle demand roared back from the coronavirus outbreak.
March 31, 2021 Vale sells New Caledonia nickel assets to Trafigura Vale said it will have a supply contract with the Trafigura-led consortium to off-take part of the nickel produced there.
March 30, 2021 S.Africa’s No. 1 investor backs local interest in gold M&As Africa’s biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.
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