Petra Diamonds mulls sale of loss-making Koffiefontein mine
South Africa’s Petra Diamonds (LSE: PDL) is exploring options to offload its loss-making Koffiefontein diamond mine in the home country, which is scheduled to reach the end of its life…
News
Apple, Tesla, Intel could be using conflict minerals due to faulty scheme
Several of the world’s largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on…
The Northern Miner Podcast – episode 288: A brief history of aluminum and Alcoa conference call highlights, ft CEO Roy Harvey and CFO Bill Oplinger
In this week’s episode we take a closer look at Alcoa’s earnings call and the subsequent stock price reaction downward. The call features Alcoa president and CEO Roy Harvey and…
Big Ridge continues to intersect gold at past-producing Hope Brook project
Big Ridge Gold (TSXV: BRAU; OTC: ALVLF) has released additional results from its 25,000-metre, Phase I exploration drill program at the Hope Brook project in Newfoundland and Labrador. Hope Brook…
Sitka Gold intercepts 62 metres of 1.21 g/t gold at RC project in Yukon
Sitka Gold (CSE: SIG; OTC: SITKF) has provided assay results of the first diamond drill holes completed during its 2022 winter exploration program at the district-scale RC gold project. The property…
Fission Uranium updates PLS progress, arranges $50M ATM program
Fission Uranium (TSX: FCU; OTC: FCUUF) has provided an update on the feasibility study slated to be completed later this year for its 100%-owned Patterson Lake South (PLS) project in…
Teck strikes deal to earn into Chile copper project
Australia’s Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, to develop the Loreto copper…
As cyber threats rise, how vulnerable are mining companies?
Rising geopolitical risks ever since Russia launched its attack on Ukraine, combined with a massive digital transformation in the mining sector in recent years to boost efficiency, has vastly increased…
TSX Venture Exchange falls, Apr. 18-22
The S&P/TSX Venture Composite Index tumbled by 51.58 points or 5.8% over the Apr. 18-22 trading session to end at 836.63. The week’s most actively traded stock was Alphamin Resources, which…
US markets fall during Apr. 18-22 trading week
The Dow Jones Industrial Average fell 600.29 points or 1.77% to 33,811.40 and the S&P 500 fell 119.91 points or 2.8% over the week to 4,271.78. Shares of Endeavour Silver…
TSX falls during Apr. 18-22 trading week
Over the Apr. 18-22 trading period, the S&P/TSX Composite Index fell 692.03 points or 3.2% to 21,186.38. The S&P/TSX Global Mining Index decreased 15.14 points or 12.85% to 117.82 and…
Rosatom, Nornickel to develop lithium project in Russia
Russia’s state-owned nuclear power supplier Rosatom and Nornickel, the world’s largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country’s northwest,…