Perseus Mining (PRU-T) warned the market that gold production from its Edikan gold mine in Ghana would be less than originally forecasted, but it now says the number will be even lower than its previous downward revision.
Controlling a district rich with volcanogenic massive sulphides has its advantages.
Semafo (SMF-T) is bouncing back from a tough third quarter, which saw production dip at its key mine in West Africa.
Proving that it’s got more going on than a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) has delivered some serious tonnage from two of its projects in Zambia.
First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…
The outlook for Egypt’s largest gold producer, Centamin (CEE-T, CEY-L), still seems uncertain as a shortage of diesel and working capital forced it to recently close the Sukari gold mine, located near the Red Sea, causing its…
With debt and equity financings hard to come by, mine developers are turning to more creative ways to finance their projects.
Gold Fields (GFI-N) is lowering its South African risk by spinning out a wholly owned subsidiary — which holds the country’s KDC and Beatrix gold mines — into a new firm called Sibanye Gold. While this may sound like a…
Semafo (SMF-T) is bouncing back from a tough third quarter which saw production dip at its key mine in West Africa.
Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…
Proving that it isn’t entirely pre-occupied with a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) found the time to deliver some serious tonnage from two of its projects in Zambia.
With capital being hard to come by, miners are turning to more creative ways to finance production.
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