September 10, 2020

OceanaGold extends mine life, boosts reserves at Macraes

Life of the Macraes operation now extends to 2028, with 240,000 ounces of reserves added.

September 10, 2020

Shareholder group seeks Fortescue moratorium on Australian cultural site damage

The miner says the moratorium would disempower traditional owners, and it already has proper procedures in place.

September 10, 2020

Turquoise Hill stock tanks on Mongolia mine funding

Turquoise Hill shares dropped 23% after controlling shareholder Rio Tinto announced a $500m debt deal for the troubled Oyu Tolgoi expansion.

September 10, 2020

BHP 30% by 2030 emissions reduction target fails to impress

The miner has not set goals to cut its Scope 3 emissions — those indirectly generated by end-users.

September 10, 2020

Russia’s richest man owns more melting Arctic than anyone

The Arctic is warming with such rapid speed—more than twice as fast as the global average—that it serves as a leading indicator.

September 9, 2020

Jiangxi Copper chairman Long retires at 60

Long Ziping has stepped down at his legal retirement age and general manager Zheng Gaoqing will take over the top position in the integrated copper producer.

September 9, 2020

Barrick CEO faces stark test in fight for PNG mine

The world's second-largest gold producer lost a key court challenge last week over rights to the Porgera mine.

September 9, 2020

Rio board to debate CEO’s future as pressure mounts over blasts

Rio Tinto faces mounting pressure to respond more strongly to the destruction of ancient Aboriginal heritage sites in Australia.

September 9, 2020

Kirkland Lake reports strong intercepts from Detour Lake

Highlight intercepts from the western part of Saddle include 58.5 metres of 1.8 g/t gold starting at 532.5 metres; 29 metres of 2.39 g/t gold from 619 metres; as well…

September 8, 2020

Mining deal value down over $18bn due to pandemic

GlobalData says mergers and acquisitions, despite a decent first quarter owing to deals involving gold, fell by 51.6% during the first half of 2020.