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SKILLS DEVELOPMENT

Goldcorp donates $300k for new mineral resource engineering professorship

Vancouver-based gold producer Goldcorp has donated $300 000 to Dalhousie University’s Mineral Resource Engineering programme to establish a new professorship that would increase teaching capacity, expand programme breadth and provide more...
16th April 2014
 
CORPORATE ACTIVITY

Osisko ups the ante for Goldcorp with 'friendly' Yamana/Agnico Eagle deal

Canadian Malartic, Quebec. In a move orchestrated to foil major miner Goldcorp’s C$3.6-billion hostile takeover bid for Quebec-based Osisko Mining, a second ‘white knight’ has stepped forward in a new, less convoluted deal, offering Osisko shareholders an 11% premium...
16th April 2014
 
Base Metals

Oil specialist strategically servicing mines in Ghana

Owing to the growth of the mining industry in Ghana, more companies are investing in the resource-rich country, says South African condition monitoring specialist WearCheck, which recently expanded its African footprint into West Africa with the...
11th April 2014
 
FILTRATION EQUIPMENT

SA firm supplying filter press equipment to Russian gold mine

Engineering and construction company SNC-Lavalin’s South African office is on track to complete the supply of filter press technology to a major gold producer in Russia as part of the development of a greenfield plant.
11th April 2014
 
HOSTILE BID

Osisko CEO says likely Goldcorp will walk away from deal

The CEO of Osisko Mining said on Tuesday it will be tough for Goldcorp to raise its bid for Osisko by enough to trump a rival deal, and it is more likely that the gold producer will walk away from the transaction. Sean Roosen said Goldcorp had...
8th April 2014
 
HOSTILE BID

Goldcorp extends closing date of hostile Osisko offer

Canadian Malartic The world’s second-largest gold miner by value, Goldcorp, on Thursday said that it would extend its C$2.6-billion hostile offer for Quebec-based gold producer Osisko Mining to April 15. The offer, which had been rebuffed by Osisko since January,...
3rd April 2014
 
GOLD

Northern Star looking for acquisition opportunities

Gold miner Northern Star Resources was investigating acquisition opportunities to grow its output to between 500 000 oz/y and 600 000 oz/y. Speaking at Paydirt’s gold conference, in Perth, Northern Star MD Bill Beament said that while the...
3rd April 2014
 
GOLD

OceanaGold adds to gold resource

Dual-listed gold miner OceanaGold Corporation has reported a more than one-million ounce increase in its measured and indicated gold resources, despite mine depletion. The ASX- and TSX-listed miner said on Thursday that measured and indicated...
27th March 2014
 
GOLD

Underground employee fatally injured at Bulyanhulu

Bulyanhulu mine, Tanzania Investigations are under way at gold producer African Barrick Gold’s (ABG’s) Bulyanhulu mine, in Tanzania, after an underground worker was fatally injured in a fall of ground incident. ABG CEO Brad Gordon and the company’s management team...
26th March 2014
 
GOLD

Beadell eyes higher output with new mine plan

ASX-listed gold producer Beadell Resources has upped its production expectations for the full year, after implementing a new mine plan at its flagship Tucano gold mine, in Brazil. The miner on Tuesday increased its production guidance from...
25th March 2014
 
Company Announcement

Snc-Lavalin Supplies Filter Press Techology To Russian Gold Mine PDF Available

SNC-Lavalin’s South African office is on track to complete a contract awarded in December 2012 for the supply of filter press technology to a major gold producer in Russia as part of the development of a greenfield plant. Roger Rousseau, manager...
24th March 2014
 
GOLD

Endeavour Mining widens full-year loss as impairment charges weigh

West Africa-focused gold producer Endeavour Mining on Wednesday said that it had widened its full-year 2013 net loss to $332.5-million, or $0.81 a share, compared with a net loss of $15.5-million, or $0.06 a share in 2012, as it booked a...
19th March 2014
 
 
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