Regis receives final approval for Tropicana acquisition

Mining News Pro - Regis Resources has received ministerial approval for its acquisition of IGO’s 30 per cent interest in the Tropicana gold mine in Western Australia.

Barrick’s Bristow criticises resurgence of market-plaguing short-termism

Mining News Pro - The rise in the gold price has prompted a resurgence of the short-termism which has plagued the market, with some investors focusing on short-term gains rather than sustainable growth, Barrick Gold CE Dr Mark Bristow said on Wednesday, when his company paid a quarterly dividend of 9c a share, on net earnings a share of 30c, for the three months to March 31. This will be topped up by a three-tranche return of capital distribution totalling $750-million through the course of the year, taking the per share yield based on yesterday’s closing share price to 3.5% for 2021.

Strickland takes ownership of Horse Well

Mining News Pro - Strickland Metals has secured the remaining 37 per cent interest in the Horse Well gold project in Western Australia from Silver Lake Resources.

Brightstar to refurbish gold processing plant

Brightstar Resources plans to refurbish the processing plant at the Brightstar gold project in Western Australia for $5.5 million.

Mongolia threatens to cancel Oyu Tolgoi investment agreement

Mining News Pro - The Mongolian government has threatened to declare the 2009 Oyu Tolgoi mine investment agreement void if an international tax arbitration is not dismissed.

Newcrest offloads QLD exploration licences

Mining News Pro - Strategic Energy Resources (SER) has acquired three exploration licences from Newcrest Mining at the Isa North copper-gold project in northwest Queensland.

Northern Star grows Super Pit potential

Mining News Pro - Northern Star Resources has set up the future of the Super Pit gold mine in Western Australia with a major increase to the reserves at the historic site.

Calidus on track for Warrawoona mine start

Mining News Pro - Calidus Resources has maintained plans to begin mining at the Warrawoona gold project in the Pilbara region of Western Australia in the middle of the year.

First Majestic completes Jerritt Canyon mine transaction

Mining News Pro - Majestic Silver has added another cornerstone asset to its portfolio, with the closing last week of the acquisition of the Jerritt Canyon mine, in Nevada, from Sprott Mining.

First Majestic completes Jerritt Canyon mine transaction

Mining News Pro - First Majestic Silver has added another cornerstone asset to its portfolio, with the closing last week of the acquisition of the Jerritt Canyon mine, in Nevada, from Sprott Mining.

Newmont hits higher grades at Boddington

Newmont has offset a production downturn with higher grade ore milled at four of its global assets, including the Boddington gold mine in Western Australia.

Eagle Mountain takes full ownership of Oracle Ridge

Mining News Pro - Junior Eagle Mountain Mining has moved to take full ownership of the Oracle Ridge copper project, in Arizona.

Tanzania gold refinery starts producing in drive to boost gold revenues

Mining News Pro - A new gold refinery set to be the biggest in Tanzania has begun production in a step towards the government's aim of processing more of the precious metal domestically.

De Beers overtakes Newmont to lead ESG ranking of global miners

Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top ESG performers. But that’s what the latest industry survey revealed.

Regis advances two million ounce gold mine

Mining News Pro - Regis Resources has set itself for a strong year of development, as both the McPhillamys and Garden Well gold projects continued towards becoming operational over the past quarter.

Resolute increases Syama sulphide production

Resolute Mining has reached its highest sulphide gold production since 2016 at the Syama mine in Mali, West Africa.

Resolute's production falls in March quarter

Mining News Pro - Africa-focused gold miner Resolute Mining has reported a 5% fall in gold production for the March quarter, compared with the previous quarter, as its Syama operation, in Mali, reported its highest sulphide gold production since 2016.

Gold outlook for 2021 positive, despite uncertainty

Mining News Pro - Gold investment demand fell in the first quarter, driven by hefty outflows in gold-backed exchange-traded funds (ETFs) as growing expectations of higher interest rates impacted sentiment, the World Gold Council’s (WGC’s) latest ‘Gold Demand Trends’ (GDT) report shows.

Northern Dynasty releases ESG for Pebble project

Mining News Pro - Northern Dynasty Minerals has completed an environmental, social and governance (ESG) report for its Pebble copper/gold/molybdenum/silver/rhenium project, in Alaska.

Another solid quarter for Sandfire

Mining News Pro - Copper/gold miner Sandfire Resources has reported a solid quarter of production in the three months to March.

St Barbara set to expand Simberi capacity

Mining News Pro - St Barbara will potentially increase the nameplate capacity at the Simberi gold operation in Papua New Guinea (PNG) by 10 per cent following the release of a feasibility study (FS) on the project.

Calidus to expand Warrawoona production

Mining News Pro - Calidus Resources has boosted its production expectations at the Warrawoona gold project in Western Australia following the acquisition of the Blue Spec gold project.

Fortuna Silver to buy Roxgold in $884 million deal

Mining News Pro - Canada’s Fortuna Silver Mines is buying fellow miner Roxgold in a cash-and-stock deal valued at about C$1 billion ($884.32 million), as strong gold prices spur a wave of mergers and acquisitions in the sector.

Miners seek gold under the desert sands after Egypt changes rules

Mining News Pro - Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources.

Torex makes first foray into renewable energy at its mines

Canada-based intermediate gold producer Torex Gold on Thursday announced that it would build a new 8.5 MW solar plant at its Morelos property, which includes the El Limon Guajes mine and Media Luna project, in Mexico.

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