Sandvik to acquire DSI Underground
The purchase price for the safety solutions company is about €943 million on a cash and debt free basis.
Latest Stories
Marathon reports long gold intercepts from Berry zone at Valentine
The miner has released assay results for 16 drill holes.
Probe Metals drills 10.4 metres of 7.3 g/t gold at Monique within Val d’Or East
The results suggest ongoing expansion of the I and M gold zones.
R&B star Akon enters Congo mining sector in JV with state company
Congo is Africa's top producer of copper and the world's leading miner of cobalt.
Shandong in pole position for Cardinal takeover
Shandong is now the only remaining bidder, with a relevant interest in over 68% of Cardinal's shares.
Codelco okays $1.4bn plan to expand Salvador mine
It will convert Salvador, in operation since 1959, from an underground copper mine to an open-pit.
Hedge funds raise mining shorts as covid vaccines seen tamping gold gains
RBC has also cut its 2021 forecast for gold to $1,810 per ounce from $1,893.
Agnico snaps up Nunavut miner TMAC in $226m deal
Move comes only two weeks after Canada blocked the takeover of TMAC Resources by China’s Shandong Gold.
South African stocks climb as haven demand boosts gold miners
They advanced for a second day, as demand for haven assets supported bullion prices amid the latest news on the coronavirus pandemic.
