gold mining Tag

Embattled Tanzania-based gold producer Acacia Mining has announced that its chairman Kelvin Dushnisky will leave the post to become fellow African miner AngloGold Ashanti’s new boss. Dushnisky leaves Acacia with the company still in the midst of a bitter dispute with the Tanzanian government over alleged...

Egypt-focused gold mining company Centamin has declared it more than doubled its profit in the first quarter of 2018, helped by rising gold prices and a ramp up in production. The company’s pre-tax profit soared to 122% to US$65.4 million compared to the same quarter in...

A new shaft will extend the life of the European Union’s biggest gold mine after Agnico Eagle Mines said it will commence a shaft sinking project at the Kittilä gold mine in Lapland, Northern Finland. The Canada-based gold producer will invest nearly US$200 million on the...