South African gold mining giant AngloGold Ashanti is signaling its renewed focus on Brazil with a substantial investment boost for 2024. The company plans to channel 1.1 billion reais (roughly $198 million) into the country this year, with the majority of these funds earmarked for exploration activities.
Gold Mining
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Equinox Gold has solidified its control over the Greenstone gold mine in Ontario, Canada, acquiring the remaining 40% stake for $995 million. This move positions Greenstone as the company’s largest and lowest-cost mine, set for first gold pour next month.
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Canadian mining company G Mining Ventures (TSX: GMIN) announced plans to acquire Reunion Gold’s (TSXV: RGD) Oko West gold project in Guyana for $638 million, solidifying its position as a key player in South America’s Guiana Shield region.
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West African Resources has recently reported a significant discovery of high-grade gold mineralization at its Sanbrado Gold Project in Burkina Faso. This…
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In a monumental move within the gold mining industry, Australia’s Westgold Resources has entered into a substantial cash-and-stock agreement to acquire Toronto-listed…
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A tragic incident occurred on Monday at the Mana gold mine in Burkina Faso, where a mining contractor lost his life while…
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Niger’s military regime suspends new mining licenses and launches a sector-wide audit, affecting its uranium and gold mining operations.
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Red Rock Resources, a natural resource development company based in London, UK, has announced that it now holds four active gold licenses…
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Tanzania has reaped the benefits of a historic partnership between its government and one of the world’s leading gold mining companies, Barrick…
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Endeavour Mining Plc, a leading gold producer in West Africa, is facing a significant stock plunge following the dismissal of its CEO,…