Zambia to keep majority interest in mining permits
Zambia’s government plans to keep a majority stake in certain mining licenses it has found “promising” through an ongoing mapping exercise, but noted that private investors can develop these assets…
Africa
Video: Reko Diq project ‘like the early days in Chile’ Barrick CEO Bristow says – Part 3
As Barrick Gold (TSX: ABX; NYSE: GOLD) expands its copper exposure, CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. “This is like…
JV Video: OceanaGold aims to grow production by 30% in two years, CEO says
OceanaGold (TSX: OGC; US-OTC: OCANF) aims to increase gold output by 30%, reaching between 620,000-680,000 oz. by 2026, according to president and CEO Gerard Bond. The company’s Haile mine in…
Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1
With gold’s record climb expected to boost third-quarter results, Barrick Gold’s (TSX: ABX; NYSE: GOLD) CEO Mark Bristow, aims to build on the financial discipline that drove a 68% surge…
Atlantic Lithium secures final permit to build Ghana mine
Atlantic Lithium (ASX: A11) is ready to start building Ghana’s first lithium mine after securing the operating permit for its flagship Ewoyaa project in the West African country. The licence…
Trigon hits ‘surprise’ high-grade copper at Kombat mine in Namibia
Drilling at Trigon Metals’ (TSXV: TM; US-OTC: PNTZF) Kombat copper-silver mine in north-central Namibia has hit new, high-grade mineralization close to past producing areas, the company reported Tuesday. Its shares…
Mali seeks US$500M from Barrick for past taxes, dividends: Reuters
Authorities in Mali briefly detained four Malian staff members working for Barrick last month.
Burkina Faso ruler threatens gold licences, but Endeavour downplays comments
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and West African Resources (ASX: WAF) say their operations in Burkina Faso are unaffected after the country’s president said some mining licences may…
Video: WGC on analysts’ US$3,000 per oz gold call as investors flood in
Gold could reach US$3,000 per oz. in weeks after rate cuts lowered the opportunity cost of holding it, driving speculative and institutional inflows, World Gold Council senior market strategist Joseph…
Lucara sells Clara diamond sales platform to HRA and former CEO Eira Thomas
Lucara Diamond (TSX: LUC) is selling its Clara rough diamond sales platform to its original founders, a group led by the HRA Group of companies and Lucara founder and former…
Global Atomic shares rise on progress update for Dasa uranium mine in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) shares gained 10.5% Friday after the company said 10,000 tonnes of development ore has been brought to the surface at its Dasa mine in…
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…