Bourchier picked for president, CEO of Mandalay

Canadian-based, global-focused gold miner Mandalay Resources has appointed Frazer Bourchier to lead the company as its new president and CEO, effective April 3. Bourchier, who will also be appointed to the Mandalay board, will work closely with current CEO Dominic Duffy to ensure a smooth transition. Outgoing Duffy will remain on the board as a non-executive director. Bourchier has 32…

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Volvo pushes automation in Indonesia

Indonesian gold miner Indo Muro Kencana (IMK) has experienced exciting productivity improvements since connecting the country’s largest ever fleet of machines to Volvo ActiveCare in late 2021 ­– the remote monitoring and proactive maintenance service from Volvo Construction Equipment. Read full article.

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Zijin strikes gold with Rosebel deal

Mid-tier gold miner IAMGOLD Corp. has entered into a definitive agreement with Zijin Mining to sell its 95% interest in Rosebel Gold Mines N.V. for cash consideration of US$360 million and release of its equipment lease liabilities amounting to $41 million.  Rosebel holds a 100% interest in the Rosebel gold mine and a 70% participating interest in the Saramacca mine,…

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