November 12, 2020 Bonterra rejects takeover offer, plans financing The offer would value Canadian miner at approximately C$1.60 per share.
November 12, 2020 Seeking to reopen PNG gold mine, Barrick CEO meets landowners Mark Bristow met Papua New Guinea landowners on Thursday to discuss royalty arrangements, as the miner seeks to negotiate a reopening of the Porgera gold mine.
November 12, 2020 Zimbabwe under pressure to end gold sales monopoly Gold mining investors are pressuring the country to change a law forcing producers to sell their output to the central bank.
November 12, 2020 US court dismisses lawsuit against Sibanye-Stillwater Class action sought compensation for alleged false statements by the company and its CEO related to a series of mine deaths in 2018.
November 12, 2020 Gold market authority threatens to blacklist UAE and other centres The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards.
November 12, 2020 Polyus lifts Sukhoi Log investment forecast as Q3 profits jump The company has raised its investment forecast to $3.3 billion for its Sukhoi Log gold deposit in Siberia.
November 12, 2020 Newmont targets net-zero emissions by 2050 Newmont said 88% of its energy used for mining and milling is generated from carbon-based fuels.
November 11, 2020 Barrick, Loncor expand JV partnership in DRC Ground covered by the new agreements includes a number of priority, exploration targets already outlined by Barrick.
November 11, 2020 Newmont leads mining companies ESG ranking At the other end of the 20-company ranking was Rio Tinto Group, which scored -79 after explosions that damaged two Aboriginal Australian sites.
November 11, 2020 Gold miner wants to use Iceland’s renewable energy to drill Canadian explorer St-Georges Eco-Mining wants to revive Iceland’s long-dormant gold mining industry using primarily geothermal and hydro power.
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