Aura Minerals quits Canada for Nasdaq
South America-focused gold and copper miner Aura Minerals (TSX: ORA; Nasdaq: AUGO) says it’s done with investors in Canada a just as the company books record results. April-to-June adjusted earnings…
AngloGold Ashanti
Ghana to shorten permitting, boost communities
Ghana, the top gold producer in Africa and sixth globally, has introduced a major overhaul of its mining legislation aimed at shortening permit timelines and boosting revenue for host communities….
AngloGold buys Augusta Gold in Nevada push
AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta…
DRC’s Kibali gold mine life could grow, Barrick says
Barrick Mining (NYSE: B) says new drilling along the ARK-KCD corridor at its main Kibali mine in the Democratic Republic of Congo (DRC) confirms “significant additional orebodies” that could stretch…
Australia gold output falls as miners tap stockpiles
Gold mine output in Australia fell 7% quarter-over-quarter as more miners used lower-grade stockpiled material to blend into their mill feed, a new report says. Australia, the world’s largest gold…
M&A: Equinox’s Beaty talks cost cuts post-Calibre buy
The combination of Equinox Gold (TSX, NYSE-A: EQX) and Calibre Mining (TSX: CXB) should move the new company up to the fourth largest gold producer in Canada even as it…
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
Latam assets set to refill depleted mid-tier M&A pipeline, SCP says
Latin American projects are set to refill the mid-tier mergers and acquisitions pipeline, SCP Resource Capital says. Recent transactions have opened doors for new mid-tier companies, SCP analysts wrote in…
Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Resolute Mining CEO quits following detention in Mali
West Africa-focused gold producer Resolute Mining (ASX: RSG) announced on Monday the resignation of CEO Terry Holohan, who was detained in Mali for 10 days in November. Holohan and two…
Resolute’s costs rise, output falls in Mali, Senegal
West Africa-focused gold producer Resolute Mining (ASX: RSG) forecasts reduced production and higher costs this year as its Mako mine in Senegal nears depletion and tax changes in Mali drive up…
B2Gold CEO Clive Johnson on Mali risk and life in mining
Clive Johnson has built a reputation for making successful bets on geologically promising jurisdictions that make others nervous. As president and CEO of Bema Gold, he led the company on early…