A leading gold producer in Kazakhstan, RG Gold, has launched a new $420 million processing plant that is expected to quadruple its output to roughly 190,000 ounces (oz) in 2023. RG Gold is majority owned by Verny Capital (65%),...
Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) announced initial details about the second Future Minerals Forum (FMF), which will take place from January 10-12, 2023 at the King Abdulaziz International...
Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) announced the launch of the second licensing round in the kingdom for the issuance of an exploration license. Local and international mining companies can...
Turquoise Hill Resources announced that the first drawbell for the Hugo North underground mine at Oyu Tolgoi (OT) was scheduled to be fired on June 17. This is ahead of expectations and represents continued progress in terms of...
Kinross Gold Corp. has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340 million in cash. Kinross has received $300 million in U.S. denominated cash...
RUSAL began mining at a new open-pit quarry at the Vezhayu-Vorykvinskoye deposit in the Komi Republic, with reserves of more than 14 million metric tons (mt) of bauxite. The new open pit No. 4 will be the largest at the...
By Ajoy K. Das Three years after the closure of Vedanta’s Sterlite Copper, India is turning from a net exporter to net importer of copper. Meanwhile, Anil Agarwal-led Vedanta Ltd. is back with a bid to construct a greenfield...
Resolute Mining Ltd. reaffirmed its 2021 production, cost and capital expenditure guidance and confirmed that robust operating cash flow generation is expected to support the accelerated repayment of debt on or before the...
By Ajoy K Das India’s purported big ticket mining sector reforms more than a decade ago of adopting auction as mandatory route for allocation of coal and non-coal mineral assets to investors is falling apart in terms of resource...
By Gavin du Venage West Africa is fast becoming the global hotspot for exploration, as the last frontier for new mineral deposits of dazzling richness. This is the view of the Junior Exploration Indaba, a Johannesburg-based...
Baru Gold Corp. is hiring mining contractors and has commenced the sourcing of heap-leach operational equipment for its Sangihe gold-silver project in Indonesia. “Baru Gold continues to move toward commencement of production and...
