Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of…
News
Strong demand to boost aluminum price, despite surplus this year: Fitch
Aluminum prices are expected to stay elevated this year owing to a tightening market balance on the back of strong growth in global demand outpacing…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council….
Forrest’s Wyloo Metals casts doubt over future of Aussie rare earths hopeful
A dispute is brewing between junior rare earth developer Hastings Technology Metals (ASX: HAS) and its funding partner, Andrew Forrest’s private investment vehicle Wyloo Metals….
US Gold clears final hurdle for CK mine permit Wyoming, prefeasibility work underway
U.S. Gold Corp. (NASDAQ: USAU) cleared a major hurdle in the development of its CK gold project on Monday after securing approval from the Wyoming…
US House of Representatives approves bipartisan Critical Mineral Consistency Act
Bill to will ensure parity between USGS critical minerals and DOE materials lists to strengthen the domestic supply chain and include copper, electrical steel and silicon.
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in…
Osisko Metals shares rise on Gaspé copper resource boost
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gaspé copper project, near Murdochville, Que., that…
Peninsula Energy shares plunge after it slashes uranium production forecast
Peninsula also announced that CEO Wayne Heili will step down next year.
Aya Gold & Silver rises on Zgounder optimism, despite Q3 miss
Aya Gold & Silver (TSX: AYA, US-OTC: AYASF) confirmed on Friday that delays in commissioning its expanded Zgounder mine dented its production in the third…
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at…
Union files complaint against Orla Mining, alleging violation of worker rights in Mexico
The United Steelworkers union (USW) has filed a complaint against Orla Mining (TSX: ORLA NYSE: ORLA) over alleged violations of workers’ rights at the Camino…