Chinese buying 50% of Barrick Veladero, Pascua Lama-report
Veladero could fetch more than $1 billion despite operational setbacks.
Latest Stories
When will Russia run out of oil?
Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia's exploration activities, suffered a double blow during this period.
Could Chad become the new African gold frontier?
A UK listed junior exploration company is hoping to switch Chad’s historic focus from black gold to the more traditional metallic variety with ‘potentially nation-building’ projects.
Escondida strike less damaging to Chile’s copper output than thought — report
Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.
Joy Global becomes Komatsu Mining
The Japanese firm has completed its $3.7bn takeover of the Milwaukee-based equipment maker.
Cyclone damage causes BHP to declare force majeure in Australia
The miner said it won't meet its coal export commitments due to the damage caused by cyclone Debbie, which struck Australia’s north-east coast last week.
Firestone soars after finding massive diamond at new Lesotho mine
The stock shot up 13% in London Wednesday after Firestone announced it had unearthed an 110-carat yellow diamond, it’s biggest find so far at its Liqhobong mine.
INTERACTIVE MAP: World’s top 10 gold deposits
Together these giant orebodies contain reserves worth $796 billion at today's gold price.
Newmont Mining reshuffles management in Australia
Newmont Mining Corporation has appointed experienced miner Alex Bates to lead the company’s business in Australia.
