LONDON, U.K. – The World Gold Council has perused the numbers and determined that primary gold production his another record level in 2017. Output totaled roughly 105 million oz., up 17 million oz. from the previous year. Nearly 30% of…
TORONTO – Mining companies were celebrated the evening of Nov. 21 for their investments in renewable energy at an awards gala and dinner in Toronto. Mining companies from Canada, Chile, Mexico, Australia, and South Africa received awards for their investments…
The downturn in the mining industry isn’t generating very many good news stories these days, but the promise of untold riches from an undeveloped high grade deposit in Chile still elicits excitement in even the gloomiest of markets.
Think you can write a new algorithm to classify gold ore? Certainly there is a CMJ reader up to the task. That’s the challenge of the Gold Fields Ore-X innovation challenge that carries a first prize of Aus$10,000. (Second prize if Aus$1,500…
AUSTRALIA – Toronto’s Barrick Gold is selling three of its producing mines in Australia to Gold Fields of Johannesburg, South Africa. The Darlot, Granny Smith and Lawlers mines – Barrick’s Yilgarn South assets – for…
BRITISH COLUMBIA – Gold Fields Horsefly Exploration Corp., a subsidiary of Gold Fields Ltd., has updated the resources at the Woodjam copper-gold project 55 km east of Williams Lake. The copper content at the Southeast zone has increased…
News of work on gold exploration projects is always welcome, and this week there seems to be more drilling news than usual. So here is a rundown from some of the news releases issued since Monday (in alphabetical order).
GHANA – Toronto-based IamGold Corp. is selling its 18.9% interest in the Tarkwa and Damang gold mines in Ghana for $667 million cash. The purchaser is South Africa’s Gold Fields, which will hold 90% of the mines when the deal is completed in…
BRITISH COLUMBIA — Gold Fields Horsefly Exploration, a member of South Africa’s Gold Fields Ltd., has co…
Covalence, the Geneva-based organization that tracks the ethical reputations of multinational companies, has releas…
BURKINO FASO – OREZONE RESOURCES of Ottawa has completed a US$200-million financing with which to buy out partner G…
VENEZUELA – RUSORO MINING of Vancouver has agreed to buy the Venezuelan assets of GOLD FIELDS for Cdn$210 million. …