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Gold miner to pay Mali £126m

Mali wins $160m in gold mining dispute after detaining British businessman

An Australian mining company, Resolute Mining, says it will pay Mali's military government $160m (£126m) to settle a tax dispute, after the company's British boss and two other staff were unexpectedly detained 10 days ago.

The Telegraph on MSN · 3h

Gold miner to pay Mali £126m after British boss detained by authorities

A London-listed gold mining company has agreed to pay Mali’s military government $160m (£126m) after its British boss was detained by authorities. Resolute Mining has signed a deal to settle all claims linked to taxes and the operation of its Malian mine following a dispute with authorities in the West African country.

Business 2 Community · 5h

Mali Releases Imprisoned Gold Mining CEO After $180M Payoff in Tax Dispute

Resolute Mining has reached a deal with Mali's military junta to pay $160 million in back taxes to secure the release of its CEO.

Orla Mining Up on Deal for Ontario Gold Mine

'This predictable cycle of investors returning' — Orla spends $850 million on Ontario gold mine

Orla chief executive Jason Simpson said he thinks investors are still overlooking the gold mining industry in favour of the returns being generated by Big Tech and other sectors, but he thinks gold miners are on the precipice of an inflow of investment given current gold prices.

MarketWatch · 4h

Toronto Stocks Advance; Orla Mining Up on Deal for Ontario Gold Mine

Shares of Orla Mining rose 8.5% to C$6.02 after the company said it will buy a gold mine in Ontario from Newmont for up to $850 million. Orla said that adding a second producing mine to its portfolio will more than double its annual gold production.

Reuters on MSN · 10h

Orla Mining to buy Newmont's Musselwhite gold mine project in Ontario

Canadian miner Orla Mining said on Monday it would buy the Musselwhite Gold Mine in Ontario from Newmont in a $850 million all-cash deal, part of which is contingent on gold prices. Orla said the deal will be funded through a combination of cash,

3hon MSN

U.S. Gold wins final permit for Wyoming mining project, starting PFS work

U.S. Gold (NASDAQ:USAU) +9.7% in Monday's trading after saying it received final approval for an air quality permit from the ...

7h

Colorado company sells Canadian gold mine for nearly $850M

Newmont Corp. is selling an Ontario, Canada gold mining operation to Vancouver-based Orla Mining Ltd. for up to $850 million.

Mining Weekly9h

Orla Mining buys Newmont’s Musselwhite gold mine

Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million.

13h

Monument Mining: Upside Is Theoretically Unlimited As Gold Price Rises

We recently discussed a new idea for us in a new sector, Monument Mining Limited. Click here for our brief thesis on MMTMF ...

GlobalData on MSN3d

South Africa’s Harmony Gold Mining announces leadership change

The company has announced the appointment of a new group CEO and deputy group CEO, effective from 1 January 2025.

Best Junior Mining Stocks10h

Calibre Mining Announces Significant High-Grade Mineralization at Limon Which Is Expected to Have a Positive Impact on Its Mineral Resources

The past producing Talavera deposit west extension demonstrates 750 metres of strike extent beyond historic workings with ...

10h

Newmont to sell Ontario gold mine to Orla Mining for up to $850M

Newmont agrees to sell Musselwhite mine in Ontario for up to $850M to Orla Mining, as part of its asset divestment strategy.

australianmining.com.au22h

Macmahon locks in mining contract at Daisy Milano

Macmahon Holdings will continue providing underground mining services to Vault Minerals’ Daisy Milano gold mine in Western ...

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