Goldsea pulls plug on Alto Metals bid Chinese company will let a takeover bid by its unit for the miner lapse after the country’s foreign investment board sought extra time to consider the deal. Reuters | June 24, 2020 | 9:33 am
Barrick to begin layoffs in PNG as lease dispute deepens About 2,650 PNG nationals would be retrenched by the end of July, the company said. Reuters | June 24, 2020 | 9:29 am
Calibre Mining cuts 2020 guidance New guidance represents a 20% decrease from previous forecast. Jackson Chen | June 24, 2020 | 9:16 am
Ten countries control 50% of global gold reserves Although the United States continues to hold the largest gold reserves, China and Russia have emerged as the top buyers. Justinas Baltrusaitis - BuyShares | June 24, 2020 | 9:13 am
Aura Minerals files for IPO in Brazil The company may raise up to $182.54 million in the offering. Reuters | June 24, 2020 | 8:35 am
Implats lifts force majeure, revises 2020 output The miner had returned to 85% of capacity by mid-June. Reuters | June 24, 2020 | 8:08 am
Pancontinental drops battery metals projects to focus on gold The Canadian company wants to focus on two gold projects in South Carolina. MINING.COM Staff Writer | June 24, 2020 | 6:20 am
BHP to sell Australian thermal coal mine The world's largest miner has hired Macquarie Bank and JP Morgan to sell its Mt Arthur thermal coal mine in NSW. Cecilia Jamasmie | June 24, 2020 | 6:17 am
Argentina approves Millennial Lithium’s environmental impact assessment for Pastos Grandes The EIA approval allows for a 24,000-tonne-per-year battery-grade lithium carbonate production facility to be built and operated on Pastos Grandes. MINING.COM Staff Writer | June 24, 2020 | 6:16 am