Editorial: Kamoto halt highlights cobalt’s unpredictability
Anyone needing a reminder of the tenuousness of the global cobalt market — which plays a major role in underpinning the global boom in electric vehicles (EVs) — need only…
Africa
B2Gold hits record gold production in Q3
B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018’s third quarter, 78% higher than in the same quarter of the previous year. It attributed its success…
Caledonia buys back 15% interest in Blanket gold mine
Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing…
TSX posts gains, Oct. 29-Nov. 2
After falling as low as 14,639.70 in October 2018, Canada’s benchmark index rebounded to end the trading week up 1.55% to 15,119.28. The S&P/TSX Global Mining Index rose 5.9% to…
Endeavour tables maiden resource at Ivorian Fetekro gold project
After a year and a half of exploration at its Ivorian Fetekro gold property in north-central Cote d’Ivoire, Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has tabled a maiden resource for…
B2Gold updates Fekola resource in Mali
Less than a year after B2Gold (TSX: BTO; NYSE-AM: B2G) declared commercial production at its 80%-owned Fekola mine in southwestern Mali, the gold producer has updated the mine’s resource estimate….
Orbit Garant buys Burkina Faso drilling company
Orbit Garant Drilling (TSX: OGD), one of Canada’s largest drilling companies, took advantage of the last downturn to make a strategic move into Chile, and now hopes to repeat that…
Editorial: Gold majors jostle for attention in Denver
The pecking order within the global gold mining industry is never more on display each year than at the Denver Gold Forum in September, with miners and developers of all…
Orca tables maiden resource for Morondo
Orca Gold (TSXV: ORG; US-OTC: CANWF) has tabled a maiden resource for the Koné prospect on its Morondo gold property in Cote d’Ivoire, part of the 2,268 sq. km land package…
Ivanhoe discovers new copper deposit in DRC
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has discovered a third major copper deposit called Makoko in the Democratic Republic of Congo on its 100%-owned Western Foreland copper property, west of…
Editorial: Barrick-Randgold merger full of promise and possible pitfalls
The merger between Barrick Gold and Randgold Resources announced Sept. 25 is the most fascinating development in the gold-mining sector since 2006, when Barrick Gold took over rival Placer Dome…
Barrick and Randgold to merge in US$18B deal
Barrick Gold (TSX: ABX; NYSE: ABX) and Randgold Resources (LON: RRS; NASDAQ: GOLD) have agreed to a share-for-share merger to create the New Barrick Group in a deal valued at…