Engineering ‘flaw’ at center of Çöpler incident

SSR Mining, thanks to an independent review report commissioned by Call & Nicholas (CNI) of a heap leach failure it suffered at the Çöpler operation, now knows the most likely cause was a deeply-rooted flaw in the third-party engineered design of the heap leach pad. The review found that the assessment of the test data overestimated the shear strength properties…

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Barrick opts to suspend Loulo-Gounkoto

Barrick has confirmed it has “regrettably” initiated the process to suspend operations at the Loulo-Gounkoto complex in Mali, at least temporarily, amid ongoing shipping restrictions. The move has been a consideration since the gold shipping issue arose, and was mentioned as a potential issue last month when the company received an attachment order on its gold from the Malian government.…

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Operations restart at Dugald River mine

Photo: MMG Ltd Hong Kong-based MMG resumed operations at its Dugald River MMG in MMG on January 14 after an approaching grassfire near its perimeter was contained, reported Reuters. The miner, which is backed by state-owned China Minmetals Corporation, said it does not expect any material impact on its full-year production outlook for Dugald River. In fiscal 2023, the mine…

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First Majestic closes Gatos takeover

First Majestic Silver has completed its acquisition of Gatos Silver, the company announced, with 98.44% of First Majestic’s shareholders and 99.23% of Gatos Silver’s stockholders voting in favor. Under the terms of the merger agreement, First Majestic has acquired all issued and outstanding shares of Gatos Silver, making it a wholly-owned subsidiary. The takeover was first announced om September 2024…

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Mines and Money Miami readies to convene

Mines and Money Miami 2025, which promises a key mix of industry delegates from leading, mid-tier, and junior mining companies, as well as investors, OEMS, governmental representatives from across the Americas, tech companies, banks, legal firms, and other stakeholders, is almost ready to open its doors. Full story.

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