Wave of deals to shake the global gold industry in 2016 — report
Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.
Latest Stories
Australia’s Northern Star puts Plutonic gold mine on the market
Plutonic is the highest-cost of Northern Star's five mines, producing around 79,000 ounces last financial year at an all-in sustaining cost of $1550 an ounce.
Stellar Diamonds secures environmental approval for Sierra Leone project
The permit marks another key step in the process of moving towards development of the 1.45 million carat diamond resource in the West African country, said the company.
Over one-third of Australian underground mines plan to cut spending in 2016
The coal sector is the most likely to axe spending even further this year (38%), ahead of precious metals (25%), a new study found.
New technology helping keep miners afloat but prices still under water
Gold miners in particular have stepped up technology investment within a falling capex budget, as the metal price in producers’ currencies has held up much better than other commodities.
China ‘needs to cut output of minerals’
Increased Chinese mineral production is just as much a cause for the slide in prices as the aggressive expansions by western mining companies.
Iron ore prices soar to 2016 high
The steelmaking raw material is back in a bull market.
VIDEO: Anglo American’s Cutifani on way forward
CEO Mark Cutifani outlines his strategy to create a new Anglo American.
The story of the great mining project that wasn’t so
Here’s how you can prevent this from happening to you
