June 20, 2016 Kinross Gold suspends work at Tasiast mine in Mauritania, shares dive Decision follows the West African country order to expatriates whose work permits were invalid to stop working.
June 17, 2016 Nevsun shares tank after Reservoir accepts takeover Vancouver-based Nevsun sweetened the deal for Reservoir shareholders with a $75 million cash payment just before the vote.
June 15, 2016 China’s exhausting its gold reserves at 5 times the global rate New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
June 15, 2016 Global upstream investment slashed by US$1 trillion since the oil price drop Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.
June 14, 2016 President Ali Bongo inaugurates the Moanda School of Mining and Metallurgy (E3M) This Institute will help boost the performance of the Moanda Metallurgical Complex
June 14, 2016 World’s largest diamond found in 100 years could fetch over $70M The three-billion-year-old diamond the size of a tennis ball was found by Canada's Lucara Diamond last year.
June 14, 2016 Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.
June 13, 2016 Kinross Tasiast strike ends – no production hit No impact on output guidance or expansion plans at West African mine as Toronto-based miner gears up for record annual production in 2016.
June 13, 2016 Glencore: Massive investment in coal mines needed Up to 1 billion tonne annual supply gap in seaborne coal by 2030 if no new mines are built according to climate change report by Swiss mining, trading giant.
June 13, 2016 The Government of Guinea authorizes formation of the Diamond and Gold Bourse of Guinea (DGBG) in joint venture with Canadians Mr. Saramady Touré, the Guinean Ambassador to Canada, has announced the signing of a government decree by President Professor Alpha Conde, President of the Republic of Guinea for the establishment…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
