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Mining News

Barrick Gold Joint Venture Taps Gold Mining's Vast Potentials
It also announced commencement of collection of semi-detailed geophysical-gravity data in southern Kyushu region.
July 9th 2020
Kirkland Lake Gold Declared Robust Production Results
The Detour Lake Mine production remained more or less steady at 131,992 ounces, despite Covid-19-related…
July 8th 2020
Lundin Gold Recommences Operations at Ecuador Gold Mine
The company forecasts the gold production from the mine to range between 150,000 to 170,000…
July 6th 2020
Acquisition Creates West Africa’s Top Gold Producer
The operating cash flow is expected to be around C$750 million this year.
July 3rd 2020
Barrick’s Nevada Gold Mine Output Exceeded Expectations
During the course of the year, the joint venture had integrated multiple assets, combining three…
July 2nd 2020
Gold Deposit With Estimated Resources of 1 Million Ounces Unearthed in Egypt
It must be noted that the country had begun auction of nearly 56,000 square kilometres…
July 1st 2020
Kirkland Lake Gold Re-Issued Previously Withdrawn Guidance for 2020
The decision to re-issue the guidance follows ramping up of operations at key projects.
July 1st 2020
NQ Minerals Closes Acquisition of Tasmania Gold Mine
The company will ensure that local people and contractors will be employed, as much as…
June 30th 2020
Harmony Gold Raises $200M to Fund Anglogold Acquisition
The company placed a total of 60,278,260 new ordinary shares with existing and new institutional…
June 26th 2020
Barrick Gold to Lay Off 2.7K Workers in Papua New Guinea Gold Mine
The loss of employment is likely to have significant impacts on workers, their families and…
June 25th 2020
Barrick Gold Announces Sale of Majority Stake in Chinese Gold Miner
The company now holds only 10,250,000 shares, accounting for a total stake of around 2.05%.
June 17th 2020
 Kinross Gold Inks Pact with Mauritania on Tasiast Gold Mine
In return, the Mauritania government would provide Kinross with a 30-year exploitation licence for Tasiast…
June 16th 2020
Top Miners' EBITDA to Take 6% Hit in 2020
The increased economic uncertainties may likely result in less mega-deals in mining sector.
June 15th 2020
Russia to Drive World Gold Mine Output Rush
Fitch Solutions forecast Russia to overtake China as the largest gold mine producer over the…
June 15th 2020
Newmont Corp. To Acquire Boleadora Project in Argentina
As per the agreement, Newmont will pay $1 million in total to Magna.
June 11th 2020