Company Announcement: Leapfrog signs new Software License Agreement with Barric

ARANZ Geo Limited, developer of 3D geological modelling software Leapfrog Mining, announced today that they have signed a new Software License Agreement with the world’s largest gold producer Barrick.

Seared Canadian Malartic operation returns to full operation

TSX-listed gold producer Osisko Mining on Wednesday reported its Canadian Malartic mill returned to full operation on May 19, following a fire that damaged the No 4 cyclone set ten days ago. Equipment and building damage from the fire is...

Barloworld sees growth in Russia and Southern Africa

Industrial group Barloworld on Monday posted a 70% half-year headline earnings jump and said it expected a strong second half, driven by significant mining equipment deliveries in southern Africa and Russia. CEO Clive Thomson said commodity...

African Barrick ups royalty pay to Tanzania

African Barrick Gold said it will pay the Tanzanian government an additional 1% in royalty, citing the current gold price environment. The FTSE 250 miner, a unit of the world's largest gold producer Barrick Gold, said the new royalty would be in...

Gold miner Aurizon lifts Q1 profit 238%

Quebec-focused gold producer Aurizon managed to lift first-quarter profit three-and-a-half times higher than the figure for last year to $22.3-million, as it maintained output levels and enjoyed higher bullion prices. The Toronto- and New...

Fire shuts mill at Osisko's Quebec mine

Osisko Mining, the TSX-listed gold producer, said on Thursday it shut down the mill at its flagship Malarctic mine after a fire broke out just before midnight on Wednesday. Firefighters have put out the fire and the company is monitoring the...

Jaguar's strategic review ends with no sale, shares plummet 36%

Shares in Jaguar Mining dived 36% in Toronto on Tuesday after the Brazil-focused gold producer announced the strategic review process it embarked on in November failed to find a buyer for the company. Chinese State-owned Shandong Gold Group had...

Metallurgical specialist educates through symposium

Mineral and metallurgical specialists Mintek hosted a successful analytical science symposium at the beginning of this year, as part of its objective to transfer and improve skills in analytical chemistry in the Southern African mining sector, as...

Barrick boosts dividend by 33%, Q1 profit up 3% to $1.03bn

Answering clamorous calls to dish out more dough to shareholders, the world’s biggest gold producer Barrick on Wednesday raised its quarterly dividend by one-third to $0.20 a share. The miner pointed to its strong earnings – growing 3% to...

Company Announcement: Debt Funding – Meekatharra Gold Project

Reed Resources Ltd has mandated Barclays Bank PLC to act as arranger of a debt financing facility of up to $23 million

Company Announcement: Focus March Quarter Delivers On Growth Strategy; Production Up 28% On December Quarter

Focus Minerals Ltd., said today the March Quarter results show the takeover of Crescent Gold last year has transformed the business, more than doubling Group gold production and delivering on an improvement in operational efficiencies.

Newmont Mining profit rises on higher gold prices

Newmont Mining Corp, the world's second-largest gold producer, said its quarterly profit rose as gold prices outpaced higher labor and power costs at its mines. First-quarter earnings were $561-million, or $1.13 per share, compared with...