Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…
Centamin
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
Centamin boosts Doropo gold project economics in Côte d’Ivoire
Centamin (TSX:CEE; LSE:CEY) says its definitive feasibility study (DFS) improves the Doropo gold project in Côte d’Ivoire by reducing community impacts while returning capital to investors in about two years….
Alpha drill results expand gold zones at Kerkasha project in Eritrea where Italians used to mine
Alpha Exploration (TSXV: ALEX) says drill results extend mineralization at the Kerkasha gold project in Eritrea with a double-digit grams assay. Drill hole ABRD113 cut 5 metres grading 11.03 grams gold per…
Centamin propels modern mining rules in Egypt
Centamin (TSX: CEE; LSE: CEY) has helped Egypt develop a new mining law due for passage within weeks as it seeks to expand the Sukari gold mine in the ancient land’s…
Centamin grows Sukari gold reserves for third straight year
Egypt-focused Centamin (TSX: CEE; LSE: CEY) has grown its resource and reserve base at its Sukari gold mine for the third year in a row. The company said Sukari’s reserves…
A decarbonized mining sector is coming – and probably sooner than you realize
Climate change is an existential challenge. Mining is a big part of the solution. This is the worrying — and yet, exciting — backdrop to PDAC 2023. Mining, as a…
Centamin shares jump on potential Sukari mine extensions
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit…
Aton’s shares rise on gold-silver-zinc intercept from Rodruin in Egypt
Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. …
Centamin takes charge of Sukari underground gold mine
Egypt-focused gold miner Centamin (TSX:CEE; LSE: CEY) is shifting underground operations at its flagship Sukari mine from a contractor to an owner-operated model, effective immediately. The move, taken after an independent…
Barrick Gold signs four exploration deals in Egypt
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said today. The miner, which won…
Centamin unveils three-year plan for Sukari gold mine
Egypt-focused gold miner Centamin (TSX: CEE; LSE: CEY) has outlined a three-year plan designed to cut costs and boost efficiencies at its Sukari mine, which has been hit in the…