July 19, 2018 Paulson & Co to ask Detour Gold for special meeting for board overhaul Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 UPDATED: Paulson plans to replace Detour board, explore sale of company Major is interested in acquiring Detour.
July 18, 2018 Colibri Resource intersects 61 metres with an average grade of 0.75 grams per tonne gold The Maritime-based junior is drilling its Pilar Gold Project in Sonora, Mexico.
July 18, 2018 Wreck of Russian warship carrying $130bn in gold found off South Korea The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well…
July 18, 2018 South Africa gold producers offer single-digit hikes — document Producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling in the face of depressed prices, labour unrest and…
July 18, 2018 BHP posts record annual iron ore output, beats Q4 forecasts Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.
July 17, 2018 GoGold reports parral production and sales for Quarter ending June 30, 2018 Go Gold announces sales of 382,150 silver equivalent ounces for the quarter ended June 30, 2018, which was an increase of 34% over the previous year.
July 17, 2018 Anglo Asian’s Azerbaijan gold output up 43% in first half of 2018 Anglo-Asian Mining gold production goes up by 43 percent in the first half of 2018.
July 17, 2018 South Africa’s Solidarity union to agree wage deal with Eskom South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
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