Soaring gold price boosts Centamin’s profits
Egypt-focused Centamin ((TSX: CEE; LON: CEY) has reported a 25% increase in annual profit thanks to higher gold sales at soaring prices for the precious metal. The miner’s profit last…
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Calibre raising $100M to advance projects in Canada, US and Nicaragua
Calibre Mining (TSX: CXB; US-OTC: CXBMF) is raising $100 million for projects in Canada, the United States, and Nicaragua. A syndicate of underwriters led by BMO Capital Markets has agreed…
CleanTech Lithium’s pilot plant in Chile starts operations
The first production of eluate was completed in the past week, and it will be shipped to North America.
Barrick keen to seek new gold, copper deposits in DRC
The miner aims to explore new projects following its success with the Kibali gold mine.
JV Video: EnCore set to gain from uranium price
EnCore Energy (TSXV: EU; NYSE: EU) is preparing to start the Alta Mesa uranium plant after Rosita, also in Texas, began output in November, CEO Paul Goranson says in a new…
Perseus gets key OreCorp shareholders onside with sweetened bid
Perseus Mining (TSX: PRU; ASX: PRU) announced on Wednesday that it has raised its off-market takeover offer for OreCorp (ASX: ORR) as it seeks to beat out Canadian rival Silvercorp…
Video: Fission CEO on finding more western Athabasca uranium
Fission Uranium (TSX: FCU; US-OTC: FCUUF) is advancing final front-end studies of the Patterson Lake South uranium project in Saskatchewan, ticking off crucial milestones towards a construction decision. Recently cashed…
Hummingbird faces fresh headwinds at Guinea mine
Africa-focused Hummingbird Resources (AIM: HUM) is facing more challenges at its Kouroussa gold mine in Guinea after one of its main contractors, Corica Mining Services, halted activities because of contractual…
Push for ESG price premiums may reshape global critical minerals markets
As low nickel prices force Australian miners to scale back output, some have called for an ESG premium on low-carbon production that would help Western producers compete with cheaper, but…
BC court rejects ex-CEO’s appeal over pollution at Yellow Giant mine
A British Columbia judge has rejected the appeal of the CEO of a defunct British Columbia miner, Banks Island Gold, who was found guilty in July 2023 of several environmental…
Glencore’s carbon emission jumped 8.8% in 2023, reveals new climate plan
Mining and commodities trader Glencore (LSE: GLEN) has reported an 8.8% in its carbon emissions for 2023 as a consequence of expanding coal production and restarting an oil refinery in…
Aurion shares bounce on B2Gold JV discovery in Lapland
Aurion Resources (TSXV: AU) shares rose almost 11% today after reporting a greenfields discovery with 70% joint-venture partner B2Gold (TSX: BTO) in northern Finland’s Central Lapland greenstone belt. The discovery…