October 21, 2020

Nordgold matches Shandong Gold’s offer for Cardinal in takeover battle

Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.

October 21, 2020

Miners speed up automation as covid-19 impacts linger

About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.

October 20, 2020

Sibanye weighed M&A deals before gold’s rally

Sibanye is no longer actively pursuing buying assets owned by companies it was previously in discussion with.

October 20, 2020

Petra tosses company sale after debt-for-equity deal

The diamond miner expects the restructuring to become effective in the first quarter of 2021.

October 19, 2020

Ivanhoe shares up on Kakula underground development

First production now expected in July 2021.

October 19, 2020

25 chinchillas stand between Gold Fields and $7bn worth of Chilean gold

The miner is in the process of relocating 25 chinchillas, while construction of the mine camp is undergoing.

October 19, 2020

SMB-Winning aims to bring Simandou into production by 2025

Guinea's government is requiring the developers of Simandou to build a 650 km railway and a deepwater port to transport the ore.

October 15, 2020

Crackdown on smuggling revives Tanzania gold industry

Barrick’s joint venture with the Tanzanian government paid its first cash dividend of $250 million earlier this week.

October 15, 2020

Lucapa’s Mothae diamond mine richer than thought

Lucapa said Mothae's indicated diamond resource increased by 6.8 million tonnes to 9.2 million tonnes.

October 15, 2020

Barrick expects nearly 11% drop in third-quarter gold output

Production decrease comes as the miner's Porgera project in Papua New Guinea remained shut during the period