South African mines grind to halt as floods worsen power crisis Sector is experiencing the largest power blackouts in more than a decade. Reuters | December 10, 2019 | 4:37 am
Barrick to sell stake in Senegal project to Teranga Gold for up to $430m Massawa, one of the highest-grade undeveloped open-pit gold reserves in West Africa, is 20 km away from Teranga’s flagship Sabodala mine. Cecilia Jamasmie | December 10, 2019 | 3:45 am
Copper price rally builds on all-time high China imports Copper price hits 20-week high as Chinese concentrate imports surge and stockpiles in the country drop to six year low. Frik Els | December 9, 2019 | 12:19 pm
Lion One secures C$11.5 million financing, stock up Shares of Lion One jumped more than 9% to a four-week high. Jackson Chen | December 9, 2019 | 11:24 am
November a record month for Gran Colombia Last month, the company produced 21,835 oz of gold, a new record. Canadian Mining Journal Staff | December 9, 2019 | 10:09 am
Petra Diamonds halts all mines in South Africa due to power issues Production, hoisting and processing have stopped immediately at Cullinan, Finsch and Koffiefontein mines. Cecilia Jamasmie | December 9, 2019 | 9:23 am
Goldman says gold price to hit $1,600 next year Hedge funds and other large speculators boost bullish bets on higher gold price. Bloomberg News | December 9, 2019 | 9:01 am
Chile’s top miners boost copper output even amid protests Output at mines owned by Codelco, BHP, Anglo American, Rio Tinto and Glencore all went up. Reuters | December 9, 2019 | 8:35 am
B2Gold’s drilling results for Fekola mine in Mali show room to grow north Company has also completed over 45,000 metres of combined aircore, diamond and reverse circulation drilling in the Anaconda region. Cecilia Jamasmie | December 9, 2019 | 7:07 am