Capital Market

Mining News Pro - B2Gold reported a record annual consolidated gold production of 969,495 ounces in 2019, including 118,379 ounces from discontinued operations.

Mining News Pro - Minera Alamos has started construction of its Santana open-pit heap leach mine in Sonora state and expects to transition from a developer to gold producer this year.

Mining News Pro - American Battery Metals Corp. has entered into a non-binding letter of intent to acquire Bayshore Minerals Inc., a private exploration and development company that owns the Elk gold project located in south-central British Columbia.

Mining News Pro - Scotgold Resources, the company aiming to open Scotland’s first commercial gold and silver mine in Cononish, is seeking its next big discovery by stepping up sediment and soil sampling programs across the Grampian project, in the Scottish Highlands.

Mining News Pro - Canada’s IAMGOLD Corp. announced Thursday that chief executive officer Stephen Letwin will retire at the end of February after a decade at the company, with the post to be assumed by the current president and chief operating officer Gordon Stothart.

Mining News Pro - Australia’s Titan Minerals announced Wednesday that the company has been successful in its offer to purchase all issued and outstanding common shares of Vancouver-based Core Gold to create an emerging Latin America-focused gold miner.

Mining News Pro - Canada’s Endeavour Mining has walked away from a potential 1.47 billion pound ($1.9 billion) acquisition of Centamin, citing lack of information on the company’s assets.

Mining News Pro - The copper price rally continued on Tuesday after trade data showed Chinese imports of refined metal at the best level since March 2016 and concentrate shipments setting a fresh all-time high.

Mining News Pro - Serabi Gold (TSX: SBI) recorded its highest ever quarterly gold production and exceeded 40,000 ounces in a year for the first time, the Brazil-focused gold miner announced Tuesday.

Mining News Pro - Resolute Mining Ltd said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

Mining News Pro - Canada’s Continental Gold said on Tuesday that independent proxy advisory firms ISS and Glass Lewis have urged the Canadian miner’s shareholders to vote in favor of the takeover offer from Zijin Mining, China’s No.1 gold producer.

Mining News Pro - Solid iron ore prices are tipped to continue throughout early 2020, according to Australian iron ore development company Macarthur Minerals.

Mining News Pro - On Monday in New York, copper for delivery in March closed the day near $2.8640 a pound ($6,314 a tonne), an 8-month high and up 3% from 2019’s closing level.

Mining News Pro - Para Resources announced that its wholly-owned subsidiary Colombia Milling entered into a binding letter of intent with Mineros to acquire 100% of the shares of Operadora Mineras for $5.5 million in cash.

Mining News Pro - Australia’s Resolute Mining confirmed on Monday that is in advanced talks with private equity fund EMR Capital Management over the sale of Ravenswood gold mine in Queensland, Australia.

Mining News Pro - A report by Fitch Ratings states that miners should resist the temptation to increase cash returned to shareholders as gold prices rise and suggests exhibiting more caution than in past bull cycles.

Mining News Pro - Researchers from the Swiss Federal Institute of Technology in Zurich created a lightweight 18-carat gold nugget, using a matrix of plastic in place of metallic alloy elements.

Mining News Pro - Platinum-group metal (PGM) rhodium recently “astounded” the global market by reaching $8 200/oz on January 8, before pulling back slightly, marking a 32% rise in the first few days of this year, and a 225% rise year-on-year, Afriforesight precious metals and related commodities head Jason Welz has said.

Mining News Pro - Sudan has begun allowing private traders to export gold, a measure designed to crack down on smuggling and attract foreign currency into the country’s cash-strapped treasury.

Mining News Pro - Chile’s Supreme Court has handed another small victory for Barrick Gold after rejecting an appeal by a local indigenous community asking for a revision of the water quality baseline in the area where the company’s halted Pascua-Lama gold-silver project is located.

In Picture

Mining News Center