Barrick sells Hemlo mine for up to $1.09bn
BARRICK Mining has agreed to sell its Hemlo gold mine in Canada to Carcetti Capital for up to $1.09bn, the companies announced on Wednesday.
The...
Zambia disputes scale of Chinese mine spill
THE Zambian government has refuted an independent estimate of toxic acid spillage from a Chinese state-owned copper mine, insisting cleanup operations have commenced following...
Copper 360 founding CEO resigns from board
COPPER 360 announced on Wednesday its chairman and founding CEO Jan Nelson had resigned from the board effective September 9.
The company thanked him for...
The banker to whom Anglo always turns
ANGLO American can thank the same banker – James Hartop – for many of its most important transactions over the past 25 years, including...
Chile hails copper merger as strategic victory
THE £53bn merger between Anglo American and Teck Resources represents a union of assets with "extraordinary value," according to Chile's state copper producer Codelco.
"Chile...
Pan African hits high note amid unstinting gold price
GOLD was expected to remain at "extremely attractive" levels during Pan African Resources' 2026 financial year, said the firm's CEO Cobus Loots who added...
Galiano Gold halts production at Esaase following violent clashes
GALIANO Gold said on Wednesday it had suspended production at a section of its Asanko Gold Mine (AGM) in Ghana following a clash between...
Mining merger could spark industry consolidation wave
THE £53bn planned merger between Anglo American and Teck Resources announced on Tuesday could trigger a wave of consolidation amongst mining rivals, analysts told...
Anglo Teck is not about surviving hostile M&A – Wanblad
THE combination of Anglo American with Canada's Teck Corporation was hatched only two months ago as the firms discussed potential asset level cooperation.
Duncan Wanblad,...
Rio Tinto under pressure to build refinery for Simandou
RIO Tinto could face major new capital commitments after Guinea's government demanded the mining group establish downstream processing for its Simandou iron ore, rather...