Canadian mining company Endeavor Mining announced that its Boungou mine in Burkina Faso has successfully restarted its mining operations after West African mining contractors entered the site and completed infrastructure and operational improvements.
Nickel Mines will acquire a stake in a nickel company in Indonesia.
Nickel Mines, an Australian nickel miner, said that it will acquire Indonesian nickel company PT Angel Nickel Industry (ANI) with a USD 490 million agreement and that it will strive to double its nickel production within two years.
Caledonia said to be eyeing one of Zimbabwe’s largest gold mines.
Caledonia Mining is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar with the details.
Anglo American’s third-quarter production recovers from Covid-19 impact.
Anglo American has posted a 24% increase in production in the third quarter, compared with the second quarter of the year, while operating at 95% of normal capacity across its subsidiaries’ operations in regions including Canada, South Africa, Australia, Finland and South America.
