Hochschild Mining earmarks US$200M to build gold mine in Brazil
Precious metal producer Hochschild Mining (LSE: HOC) will invest about $200 million to build the Posse gold mine in Brazil, a project added to its portfolio last year through the…
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Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts – Veracity Worldwide
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
Kinross reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in “uncharted territory” regarding the closure of the sale of its Russian assets. In April, the company announced that…
Cameco, Orano up stake in Cigar Lake uranium mine
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources’ 7.9% interest in…
Endeavour Silver beats Q1 production forecast
Shares of Endeavour Silver (TSX: EDR; NYSE: EXK) rose to their highest level in a week as the company beat analysts’ expectations in its quarterly report. The company produced 1.3…
Int’l Battery Metal’s mobile lithium extraction plant running soon
International Battery Metals (CSE: IBAT; US-OTC: IBATF) has successfully completed the systems and safety testing for what would be the world’s first commercial-scale mobile lithium extraction plant. The modular plant…
Mining Indaba: Africa’s accelerated energy transition should leave no one behind
As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its ‘Aladdin’s cave’-like…
Mining Indaba: African leaders talk up policy reform and regional cooperation
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself…
Mining Indaba: Robert Friedland sees Africa, Arabian Shield, as future of responsible mining
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world’s future-facing minerals and metals will be responsibly produced. “This…
Elon Musk says buying a mining company ‘not out of the question’
Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not “out of the question” for the company to enter the mining business, as the world’s largest electric vehicle…
Aton’s shares rise on gold-silver-zinc intercept from Rodruin in Egypt
Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. …
Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000…