AngloGold streamlines Colombian assets
As part of the deal, Canada's Royal Road Minerals will pay AngloGold around $4.6 million in cash, with further payments amounting to $35 million in total if certain milestones are reached.
Latest Stories
What Humphrey Bogart can teach the gold diggers
Barrick and Newmont have far more to gain from cooperating than bickering with each other.
Never a bad day at the office for Anglo American execs
The diversified miner's CEO Mark Cutifani earned $72,000 per day last year.
Condor Gold seeks growing Nicaragua project with two feeder pits
The company has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.
Vale fired inspection firm that failed to certify dam: prosecutors
The allegations were contained in a document given to Vale recommending the immediate “temporary removal” of top executives.
Millennial Lithium’s project center in Argentina goes solar
A hybrid solar power system will provide electricity to the company's project center while reducing CO2 emissions by 147 tonnes annually and the costs for fuel by $250,000 per year.
Vancouver AI firm Andritz takes top spot at Goldcorp’s #DisruptMining
The winner’s prize is an “opportunity to negotiate up to a $1 million investment” in their technology, either toward a proof of concept or direct investment.
Barrick open to discuss joint venture in Nevada with Newmont
Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.
BHP injects $6m into emissions reduction company
Move is part of an increasing wave of investment by mining and energy groups into technologies that suck carbon dioxide directly from the atmosphere and use it to make synthetic fuel.
