Kinross Gold Corporation is pleased to announce that it has completed its previously disclosed acquisition of Chulbatkan, a high-quality, heap leach development project in Russia, from N-Mining Limited for total fixed consideration of $283 million.
The Company has now commenced...
Lode-Star Mining Inc. is pleased to announce the signing of a Toll Milling Agreement between Scorpio Gold Corporation's company affiliate, Goldwedge LLC. The Agreement will allow for the processing of ore delivered from Lode-Star's Goldfield Bonanza Project to Scorpio...
Anglo-Australian metals and mining firm Rio Tinto has awarded contract, valued A$400m ($275.9m), to engineering, procurement and construction (EPC) company Mondiumfor the Western Turner Syncline phase two (WTS2) mine in Western Australia.
Mondium is a joint venture between Monadelphous and...
Glencore refers to the announcement by Katanga Mining Limited in which it announced that Katanga's 75% subsidiary Kamoto Copper Company has entered into an agreement with La Generale des Carrieres et des Mines , its 25% joint venture partner...
Newmont announced it successfully completed the sale of its 50 percent stake in Kalgoorlie Consolidated Gold Mines to Northern Star Resources Limited receiving cash proceeds of $800 million.
“Newmont is pleased to complete the sale of KCGM to Northern Star...
The deal is expected to be finalised in the first quarter of 2020 when Newmont will receive $375mn in cash and contingent payments of up to an additional $100mn tied to new resource discoveries.
“This transaction both strengthens our balance...
The Anglo-Australian miner said the investment in the Western Turner Syncline Phase 2 mine will facilitate mining of existing and new deposits and includes construction of a new crusher as well as a 13-kilometre conveyor, reports Reuters.
The new conveyor...
