Orea amends deal with Nordgold regarding stake in French Guiana project

In August 2022, Orea announced that it would be buying out Nordgold's majority stake in the 5-million-ounce project for C$100 million.

Staff Writer | July 20, 2023 | 9:05 am

Egypt agrees framework for mining terms with Barrick Gold and Centamin

Centamin said under framework, exploitation licences would be issued for a 30-year stabilized fiscal and legal regime.

Reuters | July 20, 2023 | 8:23 am

Anglo American’s first-half copper production surges 42%

Anglo expects to reach between 840,000 and 930,000 metric tons of copper production this year.

Reuters | July 20, 2023 | 7:39 am

Impala wins RBPlat bid battle as Northam sells stake

The company has won a protracted battle for control of miner Royal Bafokeng Platinum after bid rival Northam Platinum sold its stake.

Reuters | July 20, 2023 | 7:35 am

Newmont misses profit estimates on mining disruptions, higher costs

Since early June, Newmont's operations at its Peñasquito mine have remained suspended.

Reuters | July 20, 2023 | 7:30 am

How Chile’s progressive new plan to mine lithium faces Indigenous hurdles

Chile’s millennial president, Gabriel Boric, promised to mine differently. He would turn the world’s largest copper producer and second largest lithium miner […]

Reuters | July 20, 2023 | 7:26 am

Freeport’s profit narrowly beats despite production, Indonesia woes

A slump in copper production and shipping delays in Indonesia dragged Freeport-McMoRan Inc's second-quarter profit down by 60%.

Reuters | July 20, 2023 | 7:17 am

Metal cutting is helping researchers understand metals’ behaviour under extreme conditions

New research opens an interesting application for metal cutting as a 'property test.'

Staff Writer | July 20, 2023 | 6:06 am

Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life

The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.

Staff Writer | July 20, 2023 | 5:59 am

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