Category : Mining
The merger between Barrick Gold and Randgold is causing turbulence in London Square.
An $18.3 billion merger is underway between Canadian company Barrick Gold and Randgold Resources to create the world's largest gold mining operation.
Despite prices approaching their lowest level in 10 years, the largest Platinum miners are not significantly reducing their production.
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.
The Russian gold miner continues his ascent with his Sukhoi Log project, one of the largest undeveloped gold deposits in the world.
The large miner Impala Platinum gives half of its mining land to the Zimbabwean government.
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.
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 from 'good delivery' lists
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.