Scrap Monster

Mining News

B2Gold Corp. Gold Output Hit Fresh Record in 2019
B2Gold reported record annual consolidated gold production of 969,495 ounces, including 118,379 ounces from discontinued…
January 16th 2020
Resolute Mining in Talks to Sell Ravenswood Gold Mine
The sale deal could be worth up to A$300 million.
January 14th 2020
Hecla Mining's Gold Output Hit Highest Level in History
The Greens Creek mine produced 9.9 million ounces of silver and 56,624 ounces of gold…
January 8th 2020
Newmont Concludes Stake Sale in Australian Open Pit Gold Mine
The sale deal was part of the company’s divestiture target of $1-$1.5 billion.
January 3rd 2020
Kenyan Administration Stalls Gold Mining License
Red Rock holds a 75% direct interest in Mid Migori Mining Company Ltd (“MMM”) which…
January 2nd 2020
Argentina Forced to Scrap New Mining Law Following Giant Protests
The new version of the mining law allows use of cyanide and sulphuric acid in…
December 30th 2019
AngloGold to Sell Entire Stake in Mali's Sadiola Gold Mine
The 82% ownership stake of AngloGold Ashanti and IAMGOLD will be sold to Australia’s Allied…
December 24th 2019
Newmont to Sell 50% Interest in Australian Open Pit Gold Mine
The sale of KCGM assets will further streamline Newmont’s portfolio.
December 18th 2019
Canadian Gold Miner Expands Footprint Across the Americas
Equinox Gold had recently announced commencement of commercial production at its Aurizona gold mine in…
December 17th 2019
Landslide at DRC Gold Mines Kills 24 people
The incident took place between 5.30 PM and 6PM Saturday at the Ndiyo gold mine.
December 16th 2019
Alamos Gold Predicts Strong Free Cash Flow in 2020
Alamos Gold foresees increased production, declining costs and strong cash flow growth in 2021 as…
December 13th 2019
Rock Collapse at Gold Mine Kills Four Mineworkers
A similar incident had occurred at the mine in 2017, which also had killed four…
December 9th 2019
Kinross Gold Exits Ecuador Project, Sells Remaining Stake in Lundin Gold
The transaction is expected to close immediately, on or before December 9, 2019.
December 6th 2019
Lundin Mining Foresees Notable Surge in Base Metals Output
The copper production from Chapada copper-gold mine is forecast to be between 51,000 t and…
November 28th 2019
Oyu Tolgoi Copper-Gold Mine Expansion to Go Ahead
The project has been facing several challenges over the past two years in the form…
November 27th 2019