CITIC ok’d to complete C$612m investment in Ivanhoe Mines
The Chinese miner has received the necessary internal approvals for its subsidiary CITIC Metal Africa to complete its second investment in Ivanhoe Mines.
Latest Stories
Kirkland Lake jumps on the gold deal-making wagon with online assessment tool
Miner has launched the KL Gold Deal Room, an online tool to help attract, assess and refine investment opportunities.
Endeavour Mining ups reserves at flagship Houndé mine in Burkina Faso by 41%
A large portion of the Kari Pump maiden estimate for measured and indicated resource was converted to reserves.
Norway’s $1 trillion fund resumes investing in miners, oil and Walmart
It will invest again in miners Rio Tinto and Nutrien, as well as in retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked.
Gold price ignites as top gold ETF hits record inflows
Gold price touches highest since May 2013 as retail investors and hedge funds pile into the market.
Strike at Chuquicamata may wipe 10,000 tonnes from market
The strike at the mine entered its 11th day on Monday with no signs of agreement between the company and unions.
Continental Gold drills visible gold at Buriticá; stock at 9-month high
The Buriticá project has attracted the interest of major miners such as Newmont.
Falling cobalt prices add fresh challenges to DRC’s economy
GDP growth in the DRC is expected to fall to 4.3% this year from 5.8% in 2018, due to a slowdown in mining activity triggered mainly by lower cobalt prices.
Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer
The African miner said it "strongly disagreed" with Barrick's valuation of the company and that the proposal appears to have ignored the value of its exploration and development assets.
