October 25, 2018

Barrick could trade copper mines for gold ones to expand Tier 1 assets

The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low…

October 25, 2018

Responsible Artisanal Gold Solutions Forum announces first conflict-free supply chain from Dr Congo Artisanal Gold Mine to retail in USA

With support from USAID, a pilot project was implemented in South Kivu, DRC to establish a conflict-free supply chain for artisanal gold.

October 25, 2018

Lucapa secures $7m loan to boost Lesotho mine development

First commercial diamonds from the company's 70%-owned Mothae mine expected in early November.

October 24, 2018

Barrick Gold profit, revenue drop as metal prices weaken

Q3 sees lower profit due to lower prices for gold and copper alongside higher fuel costs.

October 24, 2018

Mali’s first independent power project to start up next week

Full operation begins October 31.

October 24, 2018

About $5B in assets to be sold due to Barrick-Randgold merger — expert

BMO Capital Markets has flagged a total of 13 mines that could be sold following the $6-billion merger.

October 23, 2018

Kenya wins case against Cortec Mining on rare earths, niobium licence

Tribunal orders the companies to pay costs of around $3.5 million to the government.

October 23, 2018

Barrick favors taking back control of Acacia Mining

No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick.

October 23, 2018

De Beers diamond production falls 5 percent in third quarter

The world’s top diamond producer by value attributed the decline to planned volume reductions in Botswana and South Africa.

October 23, 2018

Iamgold to apply for mining concession at ‘promising’ project in Senegal

Company said feasibility study for its Boto gold asset outlines an economically robust, low cost production project which will produce 140,000 ounces of gold annually on average over a 13-year…