Randgold, AngloGold Ashanti join forces to revamp Ghana mine
Under the agreement with AngloGold, Randgold will lead and fund a development plan to rebuild the Obuasi gold mine in Ghana.
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Former Anglo CEO Cynthia Carroll is back, joins Vedanta’s unit board
Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.
Glencore to reduce debt after getting $2.5 billion in shares sale
The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.
India to auction 80 gold mines
India hopes to revive Kolar region where gold mining dates back to the 19th century and new studies estimate $3.9 billion worth can still be mined.
Citigroup joins copper price bulls
Market back into deficit next year and through 2019 on supply cuts, disruptions, dirty concentrate and rising costs.
Blast emulsions now fine-tuned to suit every purpose
“Ongoing research and development has put us in a position where we are now able to customise the emulsion to suit the needs of each quarry or mine.”
In August alone India bought 6 months worth of ETF sold gold
CHART: Top gold consumer imports 140 tonnes in August, up 140% from last year and the equivalent of all gold-backed ETF redemptions since February.
KGHM applies for environmental permit for proposed gold, copper mine in Canada
GHM estimates the project will employ about 500 people and contribute up to $550 million dollars in federal and provincial taxes, $210 million in British Columbia Mining Act tax, and $110 million in municipal taxes.
Auryn Resources on frontier of a new Canadian gold district
Ivan Bebek’s path to junior mining success began in the late 1990s in a business class at Western University in London, Ontario.
