Ivanhoe, CITIC complete second major financing for Congo mines
The investment provides Ivanhoe with the equity cushion required to fast-track Kamoa-Kakula’s 6 Mtpa Phase 1 mine to production.
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China’s Huayou pulls out of Congo cobalt mine investment after price slump
Prices of cobalt, a key ingredient in batteries for electric vehicles, have fallen by around two-thirds from their April 2018 peak.
Avesoro regains control of Burkina Faso gold mine after security breach
The company had halted operations last week as a precautionary measure after armed artisanal miners attempted to steal ore from the Youga mine’s stockpile.
Orestone closer to drilling at Captain project in British Columbia
The Vancouver-based miner recently received an environmental notice of work mineral exploration permit.
Aurania to start drilling in Ecuador by September
The Toronto-based miner wants to explore the Yawi targets in the southern part of its Lost Cities - Cutucu project.
Philippines’ top high-grade nickel ore miner set to shut down
The mid-sized miner is one of more than two dozen nickel ore producers in the Philippines, China's second-biggest supplier of nickel ores.
Acacia Mining resumes gold exports from North Mara; processing remains halted
While the ban on North Mara’s tailings facility remains, the company can now sell stockpiled gold from the mine.
Newcrest Mining posts 22% jump in annual profit
Australia's biggest listed gold miner posted an underlying profit of $561 million for the full year ended June 30.
K92 Mining ups 2019 production guidance
The company achieved total production of 19,652 oz AuEq from the Kora North deposit in Q2.