Mining News

AngloGold Ashanti Inked Agreement to Purchase Corvus Gold

September 14th 2021

The total transaction cost to the company is estimated at around $370 million.

Eagle Gold Mine Posted Record Gold Output in August

The cumulative gold production during the initial eight-month period of the current year amounted to 94,605 ounces.

Controversial Pebble Mine Project in Alaska Faces EPA Hurdle

The EPA has filed a motion in the federal court requesting to vacate the Trump administration’s withdrawal of block on the mine’s development, imposed during the Obama rule.

WGC Highlights Contributions of Gold Mining Sector Amid Pandemic Crisis

Furthermore, it hosted vaccination clinics for personnel at its various sites.

Pure Gold Mining Hit Production Milestone at Red Lake Mine

The company poured 5,535 ounces of gold during the month of August this year.

Lumina Copper Reached Agreement at Chile’s Caserones Mine

Incidentally, Caserones is one among the smaller copper mines in Chile, recording an output of 126,972 tons of copper during the previous year.

AngloGold Ashanti Collaborates on Three Major Gold Projects

Also, the company will have an option to raise its interest in the projects to 80%.

Codelco Andina Mine Reached Agreement to End Legal Strike

The company had earlier signed a final labour deal with the unions representing employees at its El Teniente division.

First Quantum's Cobre Panama Copper Mine Commenced Contract Negotiations

Meantime, the representative of Minera Panama- the local unit that runs the mine, said that it expects a right balance between public interest and the company’s legal rights.

Harmony Gold Announced Exceptional Results

The company’s gold production surged higher by 26% year-on-year to 47,755 kilograms.

OceanaGold Recommenced NZ Gold Mine Operations

The company had initiated temporary suspension of mining and other activities in the NZ mines at 11.59 pm Tuesday, August 16.

Cerrado Announced Record Gold Production in Q2 2021

In addition, the company continued to report exceptional results from its Monto Do Cormo project in Brazil.

Gold Fields Explores Joint Venture Projects to Boost Gold Output

The proposed joint venture will lift output from Tarkwa mine and extend its life.

Aurubis Terminated Copper Supply Contract with Nussir ASA

The companies had earlier reached an agreement on copper concentrate supplies from the new Nussir ASA mine in Norway’s Arctic.

Metal Futures

CME		VIEW ALL
Platinum	925.20	1.3
Palladium	2018.90	6.4
SHFE		VIEW ALL
Wire Rod	6264.00	-46
Rebar	5750.00	98

SM NEWSLETTER

Subscribe to SM mailing list and get updates to your inbox

SM SHOP