Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…
Read More
U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
Read More
At least 15 were killed at an illegal gold mine in Indonesia’s province of West Sumatra, following a landslide caused by heavy rains, reported Reuters. Three people are confirmed injured, while several others are still missing. Irwan Efendi, the head of the provincial disaster agency, estimated there were probably 25 people in the mine at the time of the incident.…
Read More
Violent attacks between illegal settlers and local landowners near Barrick Gold’s Porgera mine in Papua New Guinea has killed at least 20 people, reported Reuters, with other news outlets citing at least 30 dead. The government has granted police emergency powers, including the use of lethal force, to contain the violence. Local media has reported that Barrick has temporarily halted…
Read More
G Mining Ventures has declared commercial product at its Tocantinzinho gold mine in Para state, Brazil, both on time and on budget, in less than two years. During August 2024, the mill operated at 76% of nameplate throughput, processing a total of 304,312 ore tonnes (9,817 t/d) at a recovery rate of 88%. Tocantinzinho is engineered to have a 10.5-year…
Read More
Equinox Gold held an official opening of its Greenstone gold mine in Geraldton, Ontario, Canada, on August 29, which included remarks from the mine’s Indigenous Partners, government dignitaries and Equinox Gold’s leadership team. Full story.
Read More
The Dominican Republic said it will create a state mining firm – Empresa Minera Dominicana S.A., or Emidom – to explore, exploit and run economic viability studies on the nation’s key mining resources, reported Reuters. The news agency said the miner will be able to negotiate contracts and alliances with international firms and it will have a nine-member board, led…
Read More
Victoria Gold has received an application for receivership from the Yukon government for its Eagle gold mine following a heap leach failure at the site on June 24. Full story.
Read More
Menzel Elektromotoren has configured two modular slip ring motors from its extensive stock for a ball mill in a gold mine in Kazakhstan – and were able to ship them at short notice. The company said its motor pair will provide the necessary high starting torques for the heavy-duty application and ensure reliable operation under impact loads and voltage fluctuations.…
Read More
Luca Mining Corp. has completed construction of its Tahuehueto underground operation in Durango State, Mexico. The gold mine has a 1,000-tonne-per-day nameplate processing capacity. Full story.
Read More