March 4, 2016 Endeavour Mining to buy True Gold and new African gold mine The Cdn$240 million deal is expected to close in late April.
March 4, 2016 Freeport won’t sell stake in Serbian copper project to Lundin The $263 million deal is expected to close in the second quarter.
March 4, 2016 Gold is trading at highest price in more than a year Prices hit $1274.70 an ounce Friday morning, up 1% from their closing yesterday and their highest level since February 2015
March 3, 2016 South African government, mining firms agree to delay 16,000 job cuts The deal also proposes facilitating the sale of struggling mines.
March 3, 2016 At least 1,300 jobs to go as ENRC steps up cost-cutting measures in Congo The layoffs may increase to 1,800 if the metal prices don’t recover soon, said the company.
March 3, 2016 Joy Global posts bigger-than-expected loss as sales drop 25% Shares in the equipment and services provided soared almost 16% in early trading in New York.
March 3, 2016 Former Aussie coal magnate Nathan Tinkler officially bankrupt Once Australia's youngest billionaire, the electrician turned coal baron has failed to pay off his private jet and other debts and is now officially ruined.
March 2, 2016 Platinum market to record 5th deficit in a row this year Mining supply returns to pre-strike level but recycling falls.
March 2, 2016 World’s top copper miner sees metal at $2 a pound for at least two years Codelco says current copper rally will be short-lived.
March 2, 2016 Barrick announces ‘drastic revision’ of Pascua-Lama, may add partner Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.
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