Gem Diamonds unveils cost-savings plan for Lesotho mine
Revised life-of-mine plan will reduce total waste stripping by 65.8 million tonnes, leading to an estimated cost saving of $180 million.
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Northern Star seals global gold major status with Hemi buy
Northern Star portfolio will benefit from adding Hemi, one of the world's premier undeveloped gold projects.
Zijin takes control of Pan American’s gold mine in Peru
Pan American no longer owns the mine but retains the right to 60% of future copper concentrate from La Arena II.
UN to deploy satellite-based monitoring to strengthen global mining safety standards
World Mine Tailings Failures predicts 13 catastrophic TSF failures between 2025 – 2029.
Rio Tinto, Imperial College London launch Centre for Future Materials
Rio will invest $150 million in the Centre over the next 10 years.
Deutsche Bank sticks out among financiers of Peabody’s coal loan
Peabody obtained a $2.1 billion bridge loan to help it pay for the acquisition, according to a Nov. 25 filing.
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The Geological Bureau of Hunan Province said it had found more than 35.2 million oz of gold beneath the Wangu gold field in Pingjiang county.
Madison Metals buys large antinomy project in Ontario’s Hemlo gold camp
The Howells Lake project comprises nearly 140 sq. km of mineral claims within the Thunder Bay mining district.
Indigenous mining complicates Brazil’s fight against illegal gold
The Munduruku territory, a reservation the size of Switzerland on the Tapajos river, a major Amazon tributary, has become a hot spot for illegal mining.
