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Newmont and Newcrest to meet for the first time

Following weeks of silence, Newcrest Mining and Newmont Corporation plan to meet to discuss the path for a potential multi-billion-dollar takeover.   The two companies recently signed non-disclosure and standstill agreements, laying the foundations for...

Burgundy strikes gem of a deal in Canada

ASX-listed Burgundy Diamonds has struck a $136-million deal to acquire the Ekati diamond mine, in Canada’s Northwest Territories. Burgundy on Tuesday announced that it had entered into an agreement with Artic Canadian Holdings to acquire all of the common shares of...

Epiroc accelerates toward autonomy

Epiroc continues to march toward a greener mining industry with the announcement that its autonomous drill rigs have successfully drilled holes totalling over 41 million metres. The feat was achieved by the company’s Pit Viper surface drill rigs, which have reduced...