Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
Africa
More than US$2 trillion investment needed to meet IEA hydrogen targets
More than US$2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon…
Lucara says diamond market the “healthiest” in years
Canada’s Lucara Diamond (TSX: LUC) says the global market for roughs and diamond jewellery has reached a healthy balance thanks to supply improvements and fundamentals. The Vancouver-based miner said it expected the…
India factory closures weigh on De Beers diamond revenues
Anglo American‘s (LON: AAL) diamonds unit De Beers has reported another decline in sales revenue for the ninth sales cycle this year, as cutting factory closures in India weighed on…
Ghana backs Chifeng Jilong Gold Mining’s acquisition of Wassa mine
China’s Chifeng Jilong Gold Mining has received Ghana’s approval to proceed with the acquisition of Golden Star Resources (TSX: GSC), which owns 90% of the Wassa gold mine in the country’s southwest,…
Ivanhoe awards Kamoa direct-to-blister plant contract to China Nerin Engineering
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering. The smelter will be…
Global Atomic to break ground at US$208M Dasa uranium project in Niger in January
Global Atomic (TSX: GLO; US-OTC: GLATF) has completed the feasibility study for the first phase of its Dasa uranium project in Niger’s Tim Mersoi Basin. The company says the study…
Asante Gold to start producing at Bibiani in 2022
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has updated its timeline to restart its newly added, past-producing Bibiani gold mine in Ghana. The Vancouver-based company, which…
Top 10 mines with world’s most valuable ore
In mining, grade is king.
Guinea junta names AngloGold executive as mines minister
Guinea’s junta has appointed Moussa Magassouba, the director general of AngloGold Ashanti’s (NYSE: AU; JSE: ANG) local subsidiary as the country’s mines and geology minister, two months after the elite…
B2Gold sees imminent end to Mali row over Menankoto
Canada’s B2Gold (TSX: BTO; NYSE-AM: BTG) remains optimistic about solving an impasse with the government of Mali, which refused in March renewing the miner’s permit for its Menankoto exploration project,…
Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.