Last week the U.S. president abruptly cancelled a state visit to Denmark after the Danes rebuffed his proposal to buy Greenland, a semi-autonomous Danish territory strategically located between the North Atlantic and Arctic Ocean and rich in natural resources like…
Much has been speculated about mergers among gold producers since Barrick Gold announced the takeover of Randgold Resources last September. The $6-billion Barrick-Randgold deal came together without a hitch and was finalized on Jan. 2, 2019, making Barrick once again…
Every mine and mill operator’s worst nightmare is the failure of a tailings dam. Vancouver’s Imperial Metals faced this catastrophe in 2014 at its Mount Polley copper-gold mine in British Columbia. Fortunately no one died. The company remediated the problem…
News broke early today that Canadian Kirk Woodman, who went missing on Jan. 15, was found dead the following day in Burkina Faso. He was abducted Tuesday night by a dozen gunmen from a site owned by his employer Progress…
Denver-based Newmont Mining Corp. and Goldcorp of Vancouver announced plans on Jan. 14 to merge, creating the world’s leading gold producer. When the US$10 billion (all figures U.S. dollars) deal closes, a new company, Newmont Goldcorp, will be created. Newmont…
The Australians have a practical and forward-thinking idea: Hire military veterans to meet the looming labour shortage in the mining sector. Veterans are highly trained and bring diverse skills and talents to the job. Many have a difficult time transitioning…
Anyone needing a reminder of the tenuousness of the global cobalt market – which plays a major role in underpinning the global boom in electric vehicles (EVs) – need only look at the stark news on Nov. 6 that Glencore’s…
UNITED KINGDOM – The buyout of Acacia Mining’s minority shareholders by the new, larger Barrick Gold is one option, said Mark Bristow, CEO of Randgold Resources. Toronto-based Barrick, which owns about 64% of Acacia, and Randgold are merging in a…
Attendees of The Northern Miner’s Progressive Mine Forum held at the MaRS Discovery District in downtown Toronto in mid-October had the opportunity to hear the views of three sharp-minded keynote speakers on the topic of innovation. After accepting his commemorative Welsh…
Quebec’s steady support for mining
The dog days of summer are upon us in North America, and this year for the mining industry the biggest dogs are gold and copper — the two leading precious and base metals, which have seen precipitous price drops in…
The Top 40 get back on track