Loading
Barrick to sell stake in Senegal project to Teranga Gold for up to $430m
Barrick Gold, the world’s second largest producer of the precious metal, has agreed to sell its 90% stake in the Massawa project in Senegal to Teranga Gold, in a stock and cash deal valued at up to $430 million. Massawa, one of the highest-grade undeveloped open-pit...
Chile’s top miners boost copper output even amid protests
Copper production at Chile’s top mines increased in October, Chilean copper commission Cochilco said on Monday, even as protests and sometimes-violent rioting gripped the nation. Cochilco said output at top copper miner Codelco increased 2.5% percent in October over...
November a record month for Gran Colombia
Gran Colombia Gold released November production numbers for its Segovia and Marmato operations in Colombia. Last month, the company produced 21,835 oz. of gold, a new record. This year, the company expects to deliver production in the upper end of its 2019 guidance...
Copper price rally builds on all-time high China imports
The rally in the price of copper gained momentum on Monday after trade data showed Chinese imports of refined metal rebounding and concentrate shipments setting a fresh all-time high. China consumes half the world’s copper, and trade data released on Sunday showed the...