Westgold’s buyout of Karora clears regulatory hurdles
Deal will make the combined group a mid-tier gold miner producing around 400,000 ounces of gold a year in Western Australia.
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Indonesia gold mine landslide kills at least 12, more missing
Heavy rains since Saturday triggered the catastrophe in the Gorontalo province on the island of Sulawesi.
Zijin Mining expects first-half profit leap on higher gold and copper output
First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said.
Silvercorp acquisition of Adventus hits roadblock
Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal.
China’s Shandong province plans $14bn lithium battery industry by 2025
The plan includes expanding the category of consumer batteries, improving quality and performance, and strengthening research and development.
RANKED: World’s top 10 gold mining companies
Newmont remains the top gold producer with 5.5 million oz. across its global operations, which span four continents.
Canada puts its big miners off limits just as M&A is heating up
Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.
China’s central bank refrains from gold purchases for a second month
China held 72.80 million troy ounces of gold at the end of June, unchanged from the end of May.
Canada’s move to protect mining sector shields takeover targets
Teck Resources spent much of last year fending off Glencore’s $23 billion takeover attempt before the Swiss company opted instead to just buy the company’s steelmaking coal business.