La Mancha launches $1.4 billion gold mining fund
Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.
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La Mancha launches $1.4 billion gold mining fund
Mining News Pro - La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a $1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector.
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Egypt extends deadline for gold mining bid round
Mining News Pro - Egypt has extended by 60 days the deadline to participate in the latest international tender for exploration licenses as the North African country struggles with a second wave of the coronavirus pandemic, with new daily cases on the rise after experiencing a sharp decline in January.
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Gold mining output growth to rebound in coming years
Mining News Pro - Global gold mine production growth will rebound in the coming years, underpinned by higher gold prices and mergers between large mining firms, says research firm Fitch Solutions Country Risk and Industry Research.
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Horizon Minerals kicks off gold mining at Boorara
Mining News Pro - Horizon Minerals has mobilised its mining operations at the Boorara gold mine near Kalgoorlie-Boulder in Western Australia’s Goldfields region.
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Venezuela allows gold mining in river basins
Mining News Pro - Following the late Hugo Chávez’s style, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small.
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Gold mining stocks on a tear
Mining News Pro - Gold gathered momentum on Thursday sending the shares of gold miners higher across the board.
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Newmont Goldcorp is new name in gold mining
Mining News Pro - The merger of Newmont Mining and Goldcorp has closed, adding a new name among the ranks of large gold producers – Newmont Goldcorp Corporation.
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77-year chart shows upswing in gold mining stocks have hardly begun
Mining News Pro - Gold was trading just shy of the $1,320 an ounce mark in overnight trade in New York on Thursday, a three-week high.
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Pure Gold Mining completes PEA on satellite deposits at Madsen
Mining News Pro - Mining three satellite deposits that outcrop within one to three kilometres of the Madsen mill at its Madsen project in Red Lake, Ontario, would add roughly $51 million in after-tax net present value to the Madsen project, Pure Gold Mining reports.
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Pure Gold Mining releases feasibility on Madsen in Red Lake
Mining News Pro - With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining’s Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.
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The largest gold mining company in the world is created by the merger of two companies
Mining News Pro - Barrick Gold Mining Corporation is purchasing Ranggold`s stock, the $ 18.3 billion contract could be the largest gold mining company in the world.
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A new global leader in gold mining emerges
Mining News Pro - Barrick Gold and Randgold Resources are set to deliver a shake-up to the gold mining industry by merging to create the world’s largest miner of the precious metal.
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Gold Mining Group Retrenches Hundreds of Workers
Mining News Pro - HUNDREDS of Mazowe Mine employees have reportedly been rendered jobless after the company was put under care and maintenance.
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Gold Mining Sector Facing Tough Headwinds - Banyan Hill Publishing
Mining News Pro - Rising energy, growing production costs and lower commodity prices will be major headwinds for the precious metals mining companies going forward, according to one sector analyst.
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