Barrick Gold (TSX: ABX; NYSE: GOLD) is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold (TSX: TGZ; US-OTC: TGCDF) for US$300 million in cash, US$80-million worth of shares and contingent payments linked to the gold price of up to US$50 million.The Massawa project is within 25 km of Teranga Gold's Sabadola mine, the largest producing gold mine in Senegal, 650 km east of...Read More
Anglo American (LON: AAL) has cut its production forecasts for coal, iron ore and diamonds for the next two years, but is bullish on the outlook for copper and palladium, it said in an update for investors on Tuesday."We are building on the complete transformation of both the quality of our portfolio and our performance over the last six years," chief executive, Mark Cutifani, states in a press re...Read More
This episode features the Big Data and Automation panel from The Northern Miner's 2019 Progressive Mine Forum in Toronto. The event took place on Oct. 16 at the MaRS Discovery District and featured industry experts that discussed trends in technology and mining, including AI and big data.The panel featured Louis-Pierre Campeau, team lead for artificial intelligence, Newtrax Technologies; Steve de...Read More
During the World Radiocommunication Conference (WRC) in Egypt in November, thousands of delegates from more than 100 countries adopted a treaty that moves the world closer to fifth generation (5G) technology, which will require a massive deployment of mobile wireless infrastructure that will likely consume significant amounts of rare earth elements (REEs) and metals like cobalt.The WRC-19 conferen...Read More
An automated loading solution has enabled Canada's only block cave mine to mitigate mud rush hazards and improve productivity - and it paid for itself in less than two months.Tonnage is tantamount to profitability at New Gold Inc.'s (TSX: NGD, NYSE: NGD) New Afton mine in south-central British Columbia. The mine has moved and milled as much as 22,000 tonnes of ore in a single day and routinely ext...Read More
Darren Gee, CEO of Peyto Exploration, discusses the impact of higher AECO prices on the company's operations.Read full newsRead More
The lawsuit alleged that Exxon Mobil was responsible for $1.6 billion in investor losses by lying to them about the impact of future climate change regulation on its business.Read full newsRead More
Madagascar plans to increase its royalties on nickel and cobalt to 4% from 2% at...Read full newsRead More
(Adds detail, mining ministry comment)Read full newsRead More
"Integra Resources Intercepts High-Grade at War Eagle and Florida Mountain, Including 73.62 g/t Au and 817.29 g/t Ag Over 4.27 m at War Eagle $ITR.V #gold #silver https://t.co/GW1N0i5RZi"Read full newsRead More
Iron ore futures in China rose to their highest in more than four months on Tues...Read full newsRead More
"#MorganStanley has been fined $22.1 million by French regulators after the bank's London desk was accused of #manipulating the market #peanuts https://t.co/T8MnJ9RTrb via @markets"Read full newsRead More
Shares of Canada's First Quantum Minerals Ltd rose as much as 5% to their h...Read full newsRead More
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the ...Read full newsRead More
"$WFC - Wells Fargo & Company (WFC) Presents at WFII 2020 Outlook Conference Call (Transcript). Read more: https://t.co/wpEzIcMEMn #economy #investing #markets"Read full newsRead More
"$JWCAF - James E. Wagner Cultivation Corporation (JWCAF) CEO Nathan Woodworth on Q4 2019 Results - Earnings Call Transcript. Read more: https://t.co/Ntp8TuHN6g #markets #trading #investing"Read full newsRead More
"$HCMLF $HCMLY - LafargeHolcim: >40% Upside Potential By 2022 Supported By CEO Reaching Targets. Keep reading: https://t.co/F9SlAYXijV #economy #trading #stockmarket"Read full newsRead More
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Four mineworkers were killed and one was seriously injured after a rock fall at a South African gold mine on Friday trapped five workers underground, the company and a mining union said on Sunday.The collapse at the Village Main Reef's Tau Lekoa gold mine in North West province followed at leastRead full newsRead More
"$NFLX - Netflix, Inc. (NFLX) Presents at UBS Global TMT Conference (Transcript). Continue reading: https://t.co/ppX4nU88hj #finance #stocks #markets"Read full newsRead More