Polymetal to drop out of top 10 gold miners on Russia sale
Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine.
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Nine gold miners missing in Turkey after landslide
Nine miners were still missing eight hours after a landslide at an Anagold Mining operation in eastern Turkey on Tuesday, the energy ministry said, with rescue efforts underway.
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Australian gold miner Red 5 to acquire Silver Lake Resources
Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement on Monday.
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Brazil probes Mercado Libre sales of mercury used by illegal gold miners
Public prosecutors chasing illegal gold mining in Brazil’s Amazon region on Wednesday opened an investigation into on-line sales of mercury through Mercado Libre, Latin America’s largest e-commerce site.
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Indonesian tycoon said to weigh selling gold miner Archi
Mining News Pro - PT Rajawali Corp., an Indonesian conglomerate owned by tycoon Peter Sondakh, is considering selling its controlling interest in gold miner PT Archi Indonesia, according to people with knowledge of the matter.
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Wagner-linked gold miner in Sudan halts operations over conflict
Mining News Pro - A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation.
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US imposes sanctions on some of Russia’s biggest gold miners
Mining News Pro - The US has sanctioned some of Russia’s biggest gold miners, as it imposes fresh penalties on the country’s metals and mining sector.
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Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest
Mining News Pro - Newmont Mining, the world’s largest gold producer, is seeking to build a global gold superpower by approaching Australia’s no.1 miner of the yellow metal, Newcrest Mining (ASX, TSX: NCM), with a $17 billion takeover offer.
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Team up or get left behind, top gold miner warns smaller peers
Mining News Pro - The gold mining industry will need more mergers and partnerships to dig up harder-to-access deposits in an environmentally friendly way, according to the head of the world’s biggest producer.
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Russian gold miner Polyus appoints new CEO
Mining News Pro -Russian gold miner Polyus announced Monday the appointment of Alexey Vostokov as its new Chief Executive Officer.
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Sibanye gold miners to strike over pay until wage demands met
Mining News Pro - The biggest mining unions at Sibanye Stillwater Ltd. voted to strike at its gold operations until their wage demands are met, one of the groups said after a collective gathering of members.
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Africa’s crackdown on informal gold miners spreads to Mali
Mining News Pro - Mali is getting closer to bringing in new rules to better control artisanal gold mining and overtake South Africa as the continent’s second-biggest producer.
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Zimbabwe plans to register gold miners to curb smuggling
Mining News Pro - Zimbabwe is drafting legislation which will compel small-scale gold miners to register their operations as the southern African nation seeks to curb gold smuggling according to John Mangudya, central bank governor.
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Gold miners need to get greener to meet 2030 emissions targets
Mining News Pro - The global gold industry* is broadly on track to align with a 2°C climate target by the end of the current decade. However, more action is required if the industry is to meet – and surpass – the 1.5°C mark, according to a new report from Wood Mackenzie.
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Brazil to deploy special force to protect the Yanomami from wildcat gold miners
Mining News Pro - The Brazilian government on Monday authorized the employment of the National Security Force (FNS) to protect the Yanomami indigenous people and their reservation lands for 90 days in the northern state of Roraima bordering Venezuela.
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Nevada-focused gold miner i-80 falls in Toronto debut
Mining News Pro - US-focused gold miner i-80 Gold Corp, a company formed as part of the C$612 million ($478m) acquisition of Premier by Equinox Gold, debuted on the Toronto exchanged on Tuesday, falling slightly in the first hour of trading.
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BlackRock-backed Russian gold miner starts $500m IPO
Mining News Pro - GV Gold, a Russian gold miner backed by BlackRock, is planning an initial public offering in Moscow that may raise as much as $500-million.
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Newmont to scoop up gold miner for $402m
Mining News Pro - Newmont Corporation has agreed to acquire Canadian miner GT Gold Corp for $US311 million ($402 million) in a deal that will bolster its copper-gold output.
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Gold miner dividends trump copper counterparts — until 2022
Mining News Pro - Gold bugs will be rewarded with richer dividend prospects than copper-company investors this year, though such perks may be short lived.
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Gold miner Polyus switches to renewables
Mining News Pro - Russian gold major Polyus is switching 90% of its energy consumption at its mines to renewables, the company announced this week.
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Leading Australian gold miner enlists Minetek for custom ventilation
Mining News Pro - A leading Australian gold miner has hired Minetek to deliver a custom ventilation solution for an underground crusher in central New South Wales.
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Ten China gold miners confirmed dead after others rescued; one still missing
Mining News Pro - Rescuers searching for the remaining workers trapped in a Chinese gold mine after Sunday’s dramatic extraction of 11 survivors found nine bodies, a local official said on Monday, taking the death toll to 10, with one miner still missing.
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South African stocks climb as haven demand boosts gold miners
Mining News Pro - South African stocks advanced for a second day, boosted by gold producers as demand for haven assets supported bullion prices amid the latest news on the coronavirus pandemic.
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Gold miners set for another banner year
Mining News Pro - The good times for gold miners are expected to continue next year, especially for those that are able to tighten spending and increase returns to investors.
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Endeavour`s Teranga deal creates top ten gold miner
Mining News Pro - Endeavour Mining and Teranga Gold on Monday announced a merger, creating a global top ten senior gold producing company, and the largest gold miner in West Africa.
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Visit: 623