Finance & business

The resources sector is working closely with communities to bring them to the heart of day-to-day decision making.

Ruberg, CIO with Teck since 2006, has joined GMG to help shape strategy.

Newmont Mining Corporation yesterday announced that its Board of Directors had unanimously determined that Barrick Gold Corporation’s unsolicited proposal to acquire Newmont is not in the best interests of the company’s shareholders.

The dip was primarily the result of a 32.4% decline in the global mining capital raising expenditure, which was partially offset by a 13.5% increase in the value of M&A deals.

FluidIntel has been supplying fuel management hardware and software to the mining industry since 1996.

Carlos Sportiello will be based in Perth, Australia, and will be on hand to serve potential and existing customers in the region beginning with the transportation and mining sectors.

FLSmidth will purchase the hydrometallurgical and mineral processing capabilities of AuTec.

The 12-month contract will employ a team of 37 personnel and comprises portal development, decline development, level development and diamond drilling.

Queensland Resources Council Chief Executive, Ian Macfarlane, said that indigenous people comprise 4% of the state's workforce in resources currently.

Barrick Gold Corp. has reiterated its commitment to Chile as it reviews its Latin American strategy.

The Queensland Resources Council said TerraCom donated AUS$250 000 to GIVIT, while South32’s Cannington mine added another AUS$250 000 to the company’s original AUS$1 million.

Monarch Gold Corp. has shared its results for the last quarter of 2018.

Six weeks after its merger with Randgold, Barrick's President and CEO has said the company is making good progress in achieving its short-term priority goals as well as its full year objectives.

The dividend amounts to CAN$0.005 per share in respect of the financial year ending 31 December 2018.

The company ended the year with cash, cash equivalents and short-term investments of CAN$207.0 million, up from CAN$203.0 million at the end of 2017.