Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
Africa
ESG and mining debate: cultish activism vs. modern business sense
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business? Those two sides took shape during an online…
Barrick responds to rights abuse allegations in Tanzania
Barrick Gold (TSX: ABX; NYSE: GOLD) has issued a statement in response to claims of alleged rights abuses in Tanzania. Twenty-one Tanzanian nationals filed a lawsuit in Ontario Supreme Court on Nov….
Global miners’ ESG strategies show ‘concerning’ lack of focus on gender
The mining industry shows a lack of focus on gender and diversity in their environmental, social and governance strategies, a recent report by Stratum International and Digbee has found. Based…
Gold Fields CEO Griffith leaves after failed Yamana takeover
Gold Fields’ (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company’s failed attempt to take over Canada’s Yamana Gold…
CMS 2022: Digital sales, blockchain tracing cement Lucara’s place in diamond market
The post-pandemic period represents “the best diamond market in the better part of a decade,” Lucara Diamond (TSX: LUC) president and CEO Eira Thomas told delegates at The Northern Miner’s…
West African Resources order mills for Kiaka in Burkina Faso
West African Resources (ASX: WAF) acquired 90% of the Kiaka gold project in Burkina Faso from B2Gold (TSX: BTO; NYSE-AM: BTG) in November 2021 and says it plans to start…
Roscan Gold reports solid grades at Kandiolé in Mali
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has announced assay results from the Kabaya KB3 target on its Kandiolé gold project in Mali, 400 km from the country’s capital of Bamako…
Fortuna Silver grows Sunbird resource at Séguéla gold project
Drilling by Fortuna Silver Mines (TSX: FVI; NYSE: FSM) at its Séguéla gold project in Côte d’Ivoire continues to reveal more exploration upside, with the company announcing on Monday an…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
Roscan secures $10M royalty financing from Osisko Gold for Mali project
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has entered into a royalty financing agreement with Osisko Gold Royalties (TSX: OR; NYSE: OR) to raise gross proceeds of $10 million. The royalty…
Orezone Gold’s Bomboré mine in Burkina Faso enters commercial production
Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced Thursday that its Bomboré gold mine in Burkina Faso has now entered commercial production. “Commercial production at Bomboré is a significant milestone and…