Scotgold halts guidance, launches operational review
Shares in Scotgold Resources (LSE: SQZ) fell more than 18% on Monday after the troubled miner withdrew its full-year guidance as it began a third-party review of its operation on…
Articles by Cecilia Jamasmie
Patriot Battery Metals hits back at short-seller report
Canadian lithium explorer Patriot Battery Metals (TSX-V: PMET; ASX: PMT) refuted on Monday claims published in a short-seller report, stating the assertions made by Night Market Research were “factually inaccurate…
SQM grows Aussie footprint with Tambourah earn-in deal
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has inked an earn-in agreement with Tambourah Metals (ASX: TMB) covering the Australian explorer’s Julimar North project in Western Australia Under the…
Altona to resume drilling at rare earths project in Mozambique
Altona Rare Earths (LSE: REE) said on Wednesday it had reopened its Monte Muambe rare earths project in Mozambique, with drilling to resume on or around July 15. The exploration…
Barrick Gold rolls out new 10-year plan at Kibali mine
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Wednesday it was rolling out a new 10-year plan at its Kibali mine in the Democratic Republic of Congo, which is Africa’s…
Strike at Newmont’s Peñasquito to further hurt Mexico’s mining sector
Mexico’s chamber of mines (Camimex) is warning the halt of Newmont’s (TSX: NGT; NYSE: NEM) Peñasquito gold-silver operation due to a strike now on its fourth week, will have a…
Artemis Gold receives Fisheries Act permit for BC mine
Artemis Gold (TSXV: ARTG) has received the permit from Fisheries and Oceans Canada for its Blackwater project in central British Columbia, which allows the company to begin in-stream construction work…
Australian lithium M&A heats up with Develop Global’s bid for Essential Metals
Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about US$102 million (A$152.6 million). The buyer, a…
Lucapa Diamond achieves debt-free status
Australia’s Lucapa Diamond (ASX: LOM) said on Tuesday it had fully repaid all interest-bearing loans that it borrowed from gold company Equigold and the Industrial Development Corp. of South Africa (IDC). The company,…
Glencore offers to buy rest of PolyMet for US$71M
Mining and commodities giant Glencore (LSE: GLEN) has offered PolyMet Mining (TSX: POM; NYSE: PLM) to buy the company’s shares it does not already own for US$2.11 in cash each,…
Endeavour sells non-core Burkina Faso mines as it reportedly hunts for other assets
Endeavour Mining (TSX: EDV; LSE: EDV) said Friday it had sold its 90% interests in the Boungou and Wahgnion gold mines in Burkina Faso for about US$300 million, as part…
Stelar Metals secures 90% stake in Trident lithium project
Critical minerals explorer Stelar Metals (ASX: SLB) has completed the acquisition of mining tenements in New South Wales, Australia, which include the Trident Lithium project. The deal with the state…