Sibanye liable to pay Appian damages for scrapped mine deals
Private equity firm Appian Capital Advisory has scored a big win after the U.K. top court ruled that Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) had to pay the London-based investment firm…
Europe
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…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
JV Video: First Majestic’s new mint takes silver from mine to money, executive says
First Majestic Silver’s (TSX: AG; NYSE: AG) new mint in Las Vegas began production last month, completing the company’s vertical integration, vice-president for corporate development Mani Alkhafaji said in an…
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…
Lithium firms’ shares rise after Rio Tinto buyout chatter
Shares in a handful of lithium players gained Friday after speculation in the daily publication The Australian that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to buy…
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…
Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…