AngloGold approves underground expansion of Tropicana mine
Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.
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BHP is said to weigh bid for Blackstone-backed Bluewater
The Bluewater business, which is also attracting interest from closely held Fieldwood Energy LLC, is focused on deep-water exploration in the Gulf of Mexico and could fetch about $1.5 billion to $2 billion in a sale.
Brazil’s Vale announces writedowns, profit after dam disaster
Vale posted fourth-quarter profit of $3.786 billion, compared with $771 million a year earlier.
Rubicon boosts measured and indicated resources at Phoenix by 110%
The company has started a preliminary economic assessment which it expects to complete by year-end.
Last kimberlite trucked to plant at De Beers Victor mine
The Victor mine was forecast to produce 6 million carats over its life, but it beat that by recovering a total of 8 million carats, with a record 936,000 carats produced in 2018.
Commodity traders say more needs to be done to promote women
Women account for less than 5% of senior management at top trading houses, Bloomberg reported last year, and companies are under pressure to improve gender parity.
Jamaica’s mining revival turns red earth to gold for hedge funds
Investors are benefiting from a panicked realization across the aluminum industry that the supply chain is fragile.
ENRC sues U.K. fraud cops as corruption charges loom
The lawsuit is the latest escalation of a public battle between ENRC and the white-collar crime prosecutors that has been in and out of the courts since at least 2014.
Bell tolls for gold mine that once powered South African economy
Sibanye Gold Ltd. has decided that it won’t extend the life of Driefontein, once the biggest mine on the continent.
