April 26, 2019

Sibanye agrees to raise offer for Lonmin on metal price gain

The increase should help bolster support from Lonmin investors, who still need to vote on the takeover.

April 26, 2019

South Africa’s AMCU union says it hasn’t broken labour laws

South Africa's labour registrar said in the government gazette this week that he intended to cancel the registration of AMCU.

April 25, 2019

Coal hurts Anglo American’s Q1 production, 2019 guidance unchanged

Production dropped 6% in the quarter.

April 25, 2019

Granada successfully tests two stage gravity concentration

Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.

April 25, 2019

Wesdome continues to hit high grades at Kiena Deep A zone

Drilling is continuing at the Kiena mine complex in Val d’Or, with results not yet reflected in a resource estimate.

April 25, 2019

Expect cascade of mining M&A — PwC’s Braunsteiner

Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.

April 25, 2019

Freeport shares drop after quarterly profit misses expectations

The Phoenix-based company posted first quarter net income of $31m, compared with net income of $692m in the year-ago quarter.

April 25, 2019

Newmont Goldcorp profit beats on higher production as prices fall

Chief Executive Gary Goldberg said on an analyst call the combined company is targeting production of 6 million to 7 million ounces of gold annually.

April 25, 2019

Canadian miners start 2019 off on the right foot amid mega-deals

Ernst & Young’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior stage.mining.companies — rose 5% fin the…

April 25, 2019

Acacia Mining core profit slumps as Tanzanian troubles bite

Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.