‘Bubblegum’-coloured diamond could fetch more than $35M at auction
A rare pink diamond of “unparalleled colour and brightness” is expected to fetch over $35 million when it goes under Sotheby’s hammer in New York next June, potentially becoming one…
News
‘There will be no Ring of Fire’ chant First Nation leaders in Ontario legislature
Two ranking leaders of an Ontario First Nation were forced to leave the provincial legislature Wednesday after rowdily accusing the Doug Ford government of failing to consult them about mining…
Jervois suspends Idaho mine on largest U.S. cobalt deposit amid low metal price, inflation
Jervois Global (TSXV: JRV; ASX: JRV) is delaying final construction of its Idaho project on the largest cobalt resource in the United States because of inflation and low commodity prices…
Equinox signs gold prepays worth US$200M for Greenstone construction
Equinox Gold (TSX: EQX; NYSE: EQX) has secured US$200 million in funding via two new gold prepay arrangements. Analysts say the deals will allay any concerns that the company could…
Botswana Diamonds begins mining in South Africa
Botswana Diamonds (LSE: BOD) has begun mining at Marsfontein in South Africa, as a proof-of-concept trial project that it expects will help improve operations at its larger Thorny River project….
Canadian budget contains $21 billion for clean technologies and critical minerals
Ottawa plans to spend $21 billion over five years on clean technology in one of the main platforms affecting the mining industry contained in Tuesday’s annual federal budget. Finance Minister…
Northern Miner Podcast: Geopolitics will be main driver of metal markets, ft TNM Group president Anthony Vaccaro
This week’s episode features Northern Miner Group president Anthony Vaccaro in conversation with host Adrian Pocobelli on this year’s PDAC conference, geopolitics and precious metals. Anthony explains why government is…
Cameco wins $300M tax refund, seeks hundreds of millions more
Cameco (TSX: CCO; NYSE: CCJ) has won $300 million back from Canada’s taxman in a dispute lasting two decades, but it says the full figure should be more than three…
Liontown Resources snubs another Albemarle bid
Three times isn’t a charm for top lithium producer Albemarle (NYSE: ALB) as Australia’s Liontown Resources (ASX: LTR) has rejected its latest offer valuing the lithium developer at A$5.5 billion…
Court quashes NGO challenge to KORE Mining’s drill program in California
A U.S. court ruling announced today will allow KORE Mining (TSXV: KORE; US-OTC: KOREF) to proceed with drilling at its Long Valley gold project in California’s Mono County. On Tuesday,…
Standard Lithium claims North America’s ‘highest grade brine’ in east Texas
Standard Lithium (TSXV: SLI; NYSE-AM: SLI) announced Tuesday the discovery of a significant lithium brine resource from the sampling of a newly drilled well during its resource expansion work in…
Lundin Mining pays $950M for controlling stake in Chilean copper mine
Lundin Mining (TSX: LUN) is buying a majority stake in the Caserones copper-molybdenum mine in Chile for about US$950 million, adding to a flow of deals as miners seek to…