Desert Gold dodges Mali risk with low-cost project
Desert Gold Ventures (TSXV: DAU; US-OTC: DAUGF) is proposing a modest project compared to peers in junta-led Mali to build on smaller costs and scale. Named after the Senegal Mali…
Barrick Mining
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
Centerra buys 9.9% of Midland in juniors spree
Centerra Gold (TSX: CG; NYSE: CGAU), a top-10 Canadian producer of the yellow metal, is continuing to invest in domestic gold juniors, this time with the acquisition of a 9.9%…
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…
Barrick hit again as Mali helicopters take $117M in gold
Mali’s military government has seized over $117 million worth of gold from Barrick’s (TSX: ABX; NYSE: B) Loulo-Gounkoto mine, days after junta leader Colonel Assimi Goïta signed a law allowing…
Mali to sell Barrick’s gold: Reuters
The court-appointed administrator of Barrick Mining’s (TSX: ABX; NYSE: B) Loulo-Gounkoto complex in Mali is planning to sell a tonne of the site’s gold to pay for restarting the mine,…
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…
Mali to restart production at Barrick’s Loulo‑Gounkoto
Mali’s government plans to restart operations at Barrick Mining’s (TSX: ABX; NYSE: B) Loulo‑Gounkoto gold complex under a court-appointed temporary administrator after seizing control earlier this month, according to a…
Barrick office in Mali reopens amid tax standoff
Malian tax officials have unlocked Barrick Mining’s (TSX: ABX; NYSE: B) Bamako headquarters, nearly two months after sealing the doors over an alleged multimillion-dollar tax shortfall, Reuters reported on Monday….