Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
Africa
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
JV Article: Sandvik launches global parental leave program for employees
Swedish multinational engineering company Sandvik, which specializes in mining equipment and component manufacturing, has rolled out a 14-week parental leave program for its employees worldwide. The program provides 90% of…
UK gov’t finds Glencore fell short of business guidelines in Chad
Case centres on a 2018 toxic spill at the Badila oilfield, equivalent in volume to 34 Olympic-sized swimming pools.
Akobo Minerals’ Segele gold mine opens in Ethiopia
Scandinavian junior Akobo Minerals (US-OTC: AKOBF; FRA: 643) officially opened on Wednesday its Segele gold mine about 700 km southwest of Addis Ababa, marking a milestone in Ethiopia’s developing mining…
Marvel Gold’s sale of Mali assets falls through
Australia’s Marvel Gold (ASX: MVL) announced on Wednesday that the planned sale of its gold projects in Mali will not proceed as intended due to recent developments affecting miners operating…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council. The report, authored by former…
Aya Gold & Silver rises on Zgounder optimism, despite Q3 miss
Aya Gold & Silver (TSX: AYA, US-OTC: AYASF) confirmed on Friday that delays in commissioning its expanded Zgounder mine dented its production in the third quarter, but said it’s on…
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at eight projects in Africa, Eastern…
Hummingbird says Pasofino Gold sale in the works
Hummingbird Resources (AIM: HUM) said Thursday the potential acquisition by an unnamed company of its 53%-owned subsidiary Pasofino Gold (TSX-V: VEIN) has been opened to more potential bidders. Pasofino Gold, which owns…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…