by Gordon Barratt | Jun 3, 2020 | News
Photo by Bloomberg Gold miner Perseus Mining has made a A$59.8-million takeover offer for ASX-listed Exore Resources. Exore holds some 2 000 km2 of tenements in northern Cote d’Ivoire, near Perseus’ Sissingue gold mine, with the junior company holding an 80% joint...
by Gordon Barratt | Jun 2, 2020 | News
The Cracow gold mine. Image: Evolution Mining. Evolution Mining has confirmed media speculation that it is evaluating the divestment of the Cracow gold mine in Queensland. The Cracow mine is an underground gold operation which started operating in 2004, with a mine...
by Gordon Barratt | Jun 2, 2020 | News
South Africa-based Buffalo Coal’s revenue rose by 32% year-on-year to R127-million for the three months ended March 31. However, it incurred a loss from operations of R97-million, 1 030% lower than the R10.4-million profit of the corresponding period last...
by Gordon Barratt | Jun 2, 2020 | News
The Fruta del Norte mine, in Ecuador. Vancouver-headquartered Lundin Gold has begun the first phases of reopening the Fruta del Norte gold mine, in Ecuador, after the government approved protocols that allow the mining industry to restart operations under health and...
by Gordon Barratt | Jun 2, 2020 | News
European group Sev.en Energy has acquired US metallurgical coal miner Blackhawk Mining to expand the utility trader’s exposure to met coal at a time of low prices for the commodity.Receive daily email alerts, subscriber notes & personalize your experience....
by Gordon Barratt | Jun 1, 2020 | News
Western Australia Iron Ore. Image: BHP Monadelphous Group has secured construction and maintenance contracts, including with four Australian mining giants, worth a combined value of around $150 million. Under an existing framework agreement with BHP Western Australia...