Gemfields warns of $2.8 million loss on writedown
Precious gemstones miner Gemfields (LSE: GEM) warned on Friday that it expects to swing to a loss of US$2.8 million in 2023 from a US$74.3 million profit the previous year…
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Fear of scandal blocks fund managers from mining: survey with Vale, BlackRock
Miners must prioritize environmental, social and governmental (ESG) improvements to attract investment funds, according to a new survey featuring Vale’s (NYSE: VALE) Mark Cutifani and BlackRock, the world’s largest asset…
Technology becoming a hot commodity among miners, says law firm
The mining sector’s recent shift towards adopting technology to tackle rising costs is turning digital intellectual property into a valuable commodity in its own right, says global law firm White…
JV Video: Steppe CEO on becoming Mongolia’s largest gold miner
Mongolia-focused precious metals miner Steppe Gold (TSX: STGO; US-OTC: STPGF) sees 2024 as a transformative year. The company is set to develop the underground sulphide deposit at the ATO mine…
Lucapa finds Lulo mine’s fifth-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 203-carat diamond at its prolific Lulo mine in Angola, the fifth-largest ever found at the operation. The diamond is also the third 100-carat-plus stone found at Lulo this…
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…
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…