Russia’s biggest gold producer’s largest shareholder donates 100% of shares
Mining News Pro - PJSC Polyus Russia’s largest gold producer, has announced that Said Kerimov has donated 100% stake in Wandle Holdings, Polyus’ largest shareholder, and owned by Kerimov, to the Fund for support of Islamic foundations.
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Top eight gold producers’ output to increase again after 2020 drop
Mining News Pro - Production from the world’s eight largest gold producers – Newmont, Barrick Gold, AngloGold Ashanti, Polyus, Kinross, Gold Fields, Newcrest and Agnico-Eagle – decreased by 6.5% year-on-year to 24.98-million ounces in 2020, reports data and analysis provider GlobalData.
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Endeavour now ranks among top global gold producers
Mining News Pro - Canadian miner Endeavour Mining has completed the acquisition of Teranga Gold, creating a new top ten gold global gold producer and the biggest gold miner in West Africa.
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Australia remains world’s second largest gold producer
Mining News Pro - Australian gold production experienced a strong recovery during the June 2020 quarter, with output totalling 85 tonnes, more than 10 per cent above the March quarter.
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Russia on track to become world’s top gold producer by 2029
Mining News Pro - Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world’s top gold producer by 2029, achieving average annual growth of 3.7% y-o-y between 2020 and 2029.
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Horizon Minerals to transition to gold producer at Boorara
Mining News Pro - Horizon Minerals is on track to produce first gold at the Boorara mine in Western Australia next month, with mining and ore haulage progressing ahead of schedule.
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Australia to overtake China as world’s largest gold producer
Mining News Pro - The gold industry is faring well during the coronavirus pandemic that is affecting so many other industries around the world, according to Resources Monitor’s latest report.
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Red 5 to evolve into mid-tier gold producer with capital raising
Mining News Pro - Red 5 has made a $125 million share placement to investors to support the development of its King of the Hills (KOTH) gold project in Western Australia’s Eastern Goldfields.
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Newmont to create top gold producer with $US10bn Goldcorp takeover
Mining News Pro - Newmont Mining has secured a $US10 billion ($13.9 billion) acquisition of Goldcorp in a deal that will form a world-leading gold producer.
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Workers reject latest wage offer by South African gold producers
Mining News Pro - Workers unions on Wednesday rejected the revised three-year wage offers of up to 7.2% salary increases made by South African gold producers at the a centralised collective bargaining forum.
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