Jiangxi Copper 2018 profit rises 52.4% on hedging gain
The Nanchang-based company posted net income of 2.45 billion yuan for last year, up from 1.61 billion yuan in 2017.
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UNEP, ethical investors join miners’ quest for global tailings rules
Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
Extension of environmental certificate approved for Canada’s largest undeveloped gold project
The KSM project has been described as one of the largest undeveloped gold projects in the world, measured by reserves.
Margaux executes definitive agreement to acquire Cassiar gold project in BC
The deal with Wildsky Resources was first announced two months ago.
More than a third of gold mines in Congo exposed to Ebola — report
In its current form, the epidemic won’t impact the nation’s cobalt production, as the vast distance from the Katanga region largely prevents its spread, says global risk consultancy Verisk Maplecroft.
B2Gold to invest $50 million in Fekola mine expansion
It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.
Lynas declines Wesfarmers $1.1B takeover bid
Wesfarmers made a buyout offer of A$2.25 per Lynas share.
Newmont’s Goldcorp deal wins support of Paulson, VanEck, ISS
After promising to sweeten the pot with the largest dividend in 32 years, Newmont has won over two of its biggest investors to the merits of a $10B merger with Goldcorp.
Troilus Gold finds new zone open at Quebec mine
The gold-rich area is about 30 metres from surface and open at depth.
