Capital Market

Mining News Pro - West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) has regained control of its Youga gold mine in Burkina Faso after being forced to halt operations last week.

Mining News Pro - Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.

Mining News Pro - The incoming chief executive of Chile’s state copper miner Codelco said he was “optimistic” about the long-term market price of copper despite the global volatility caused by the U.S.-China trade war.

Mining News Pro - Australia’s Northern Star Resources (ASX:NST) has been signalled as the frontrunner to acquire Barrick Gold’s (TSX:ABX)(NYSE:GOLD) 50% stake in the Super Pit, once the country’s biggest open-pit gold mine, located in Kalgoorlie, Western Australia.

Mining News Pro - The Japanese Ministry of Economy, Trade and Industry approved Japan Gold’s (TSXV: JG) new prospecting rights applications covering extensions to its Sanru epithermal-gold project in the Hokkaido prefecture.

Mining News Pro - In discussing its second quarter results, Barrick Gold slipped in two very interesting bits of information.

Mining News Pro - Barrick Gold Corp reported quarterly adjusted profit that nearly doubled on higher production on Monday, and said it has a “great deal of work” ahead resolving problems around its African unit, whose buyout the company expects to complete next month.

Mining News Pro - Lydian International (TSX:LYD) will know next week whether the Armenian government will allow the company to continue building its Amulsar gold mine, located in the mountainous south of the country.

Mining News Pro - Barrick Gold (TSE: ABX) is considering a sale of its Tongon Gold mine in the Ivory Coast as the company ramps up asset disposals following its purchase of Randgold Resources Ltd., people familiar with the matter said.

Mining News Pro - Australia’s Danakali (ASX, LON:DNK) scored on Thursday its second win this week after the African Export Import Bank (Afreximbank) approved a credit that allows the company to start building a power plant at its world-class Colluli potash project in Eritrea, Africa.

Mining News Pro - South Africa’s AngloGold Ashanti (JSE:ANG) (NYSE:AU), the world’s third-biggest producer of the precious metal, said the recent surge in bullion prices has not made it easier for the company to sell the mines it has put up for sale.

Mining News Pro - Continental Gold Inc. (TSX:CNL) today released a series of photos showing construction advancements at its flagship Buriticá project in northwestern Antioquia, Colombia. The project remains on schedule for construction completion and first gold pour in H1 2020, says the company.

Mining News Pro - Vancouver-based gold miner B2Gold Corp. (TSX: BTO) reported Wednesday strong operational and financial results for the second quarter and first half of 2019, surpassing analyst expectations.

Mining News Pro - Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.

Mining News Pro - Canada’s Centerra Gold (TSX:CG) and the Kyrgyz Republic have finally completed all conditions included in a deal signed in Sept. 2017 ending long-dragged out environmental and economic disputes over the company’s Kumtor gold mine, the country’s largest.

Mining News Pro - Klondike Gold (TSXV: KG) released on Tuesday results from nine of the 12 drill holes testing the Nugget zone at its Klondike District property in Canada’s Yukon territory, where high-grade gold mineralization has been found.

Mining News Pro - Shares in Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, plummeted on Tuesday after it suspended a planned $500 million bond sale, which was a key part of the funding necessary for its polyhalite mining project.

Mining News Pro - Even though at the beginning of the month iron ore was trading above $120 a tonne, the highest in more than five years, prices are starting to come down, closing at about $100 a tonne in the last market session.

Mining News Pro - For the past year, copper traded like a seesaw on the on-again, off-again hopes of a U.S. and China trade deal. Now it’s more like a rollercoaster ride down.

Mining News Pro - Barrick Gold (TSE: ABX) said on Friday the National Court of Papua New Guinea had ruled that the miner could continue to operate the Porgera gold mine, while the country’s government considers an application to extend the lease for the mine.

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