Category : Mining
Barrick Gold Acquires Randgold: Birth of a New Giant.
An $18.3 billion merger is underway between Canadian company Barrick Gold and Randgold Resources to create the world's largest gold mining operation.
The Main Platinum Mines Still Dig, Although Price is at its Lowest
Despite prices approaching their lowest level in 10 years, the largest Platinum miners are not significantly reducing their production.
Venezuela Prefers to Refine Gold in Turkey because of US Sanctions
Venezuela chooses to Refine Gold in Turkey because of the American Sanctions; The Yuan is once again in Free Fall; Russia sells its US Treasury Bonds.
Polyus Company will soon be Operating the World's Largest Gold Mine
The Russian gold miner continues his ascent with his Sukhoi Log project, one of the largest undeveloped gold deposits in the world.
Impala Platinum Cedes Half of its Mining Land
The large miner Impala Platinum gives half of its mining land to the Zimbabwean government.
Rio Tinto sells its Grasberg mine assets for $3.5 billion
Rio Tinto (ASX, LON, NYSE: RIO), the world's 2nd largest miner, has announced that it is ready to sell its participation in the giant Grasberg mine, the world's largest gold mine, to Indonesian state-owned mining holding Inalum for $3.5 billion.
Vancouver miner to become one of Nova Scotia’s largest single mineral claim holders
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada.
LBMA suspends Russian precious metals refinery
LBMA suspends Russian precious metals refinery from 'good delivery' lists
Yamana begins gold and silver production at Cerro Moro mine in Argentina
Canada’s Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said it poured Tuesday first gold and silver doré at its Cerro Moro mine, located in Argentina’s Santa Cruz province.
Anglo American to spin off unit to encourage platinum demand
Anglo American will spin out its internal venture capital unit, it said on Tuesday, as the world's biggest platinum producer seeks to spur investment in fuel-cell technology to boost demand for a commodity in oversupply.