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.
Keegan Resources (KGN-T) and PMI Gold (PMV-T), who share a property boundary in Ghana, are tying the knot to form Asanko Gold.
When Rand Merchant Bank contacted Peter Spivey three years ago about meeting with the legendary founder of Cluff Gold, now known as Amara Mining (AMZ-T, AMA-L), to see whether he could help the company with its troubled assets in West Africa,…
First Quantum Minerals (FM-T, FQM-L) has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland. The wholly owned project is the company’s second major foray into nickel, following the 2011 relaunch…
Controlling a district rich with volcanic massive sulphides (VMS) has its advantages.
Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.
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