NEWS — Click on text to read news by category: General | Product | People | Worldwide
Trigon Metals Suspends Underground Mining at Kombat Mine Due to Dewatering Pumps Failure, Namibia
January 17, 2025
Trigon Metals experienced a setback in underground pumping due to the failure of both of its two main dewatering pumps on the morning of January 16, 2025 at the company’s Kombat Mine in Namibia. As a result, the company has
Mali Seizes Gold Stocks from Barrick, Initiates Temporary Suspension at Its Loulo-Gounko Complex
January 16, 2025
Barrick Gold confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock
Indonesia Coal Production 2024 Sets the Highest Record in History
January 13, 2025
The Ministry of Energy and Mineral Resources (ESDM) has recorded extraordinary achievement in the coal sector throughout 2024, with national coal production reaching 830.48 million tons, exceeding the target set at 710 million tons. The realization is equivalent to 116.97
Hindustan Copper Names South West Mining Ltd. as Mine Developer to Revive Rakha Mine
January 13, 2025
Hindustan Copper Limited (HCL) has appointed South West Mining Limited (SWML) as the Mine Developer cum Operator to reopen and expand its Rakha Copper Mine in East Singhbhum, Jharkhand, according to a press release issued on January 10, 2025. The
Government of Mali Extends Gold Export Ban to Put the Squeeze on Barrick
January 8, 2025
Barrick Gold remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations.
G Mining Ventures Receives Interim Environmental Permit for Its Oko West Gold Project, Guyana
January 7, 2025
G Mining Ventures (GMIN) has received an interim environmental permit (IEP) from Guyana’s Environmental Protection Agency in response to its environmental impact assessment (EIA) and environmental impact statement (EIS) submissions made in November 2024 for the corporation’s Oko West Gold
Highlander Silver Appoints Daniel Earle as President and CEO
January 7, 2025
Highlander Silver has appointed Daniel Earle as president and chief executive officer. He succeeds Richard Warke, interim president and CEO, who will continue to serve on the board of directors alongside Thomas Whelan, Jerrold Annett, Javier Toro, and Federico Velásquez.
Sanu Gold Closes Partnership with Montage Gold and Strategic Investment by Lundin Family
January 3, 2025
Sanu Gold Corporation has completed a strategic investment by Montage Gold and the Lundin family and associates into Sanu Gold for a total value of $7 million (C$10,055,412). The company expects to use the net proceeds of the offering to
Nippon Steel Extends Closing Date for U.S. Steel Acquisition
December 30, 2024
Japan’s Nippon Steel said on last week it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company. The estimated closing date was revised to
G Mining Ventures Expands Into Brazil with Acquisition of BHP Group’s CentroGold Project
December 30, 2024
G Mining Ventures has closed its acquisition of the CentroGold Project in Brazil from BHP Group, expanding the company’s portfolio in one of the world’s most prospective gold territories. The acquisition gives G Mining a 100 percent interest in the
