Glencore earmarks US$1.5B for probes amid record profit
Mining and commodities trader Glencore (LSE: GLEN) will set aside US$1.5 billion to cover a series of probes into bribery and market manipulation, which it expects to resolve before year-end….
News
Crescat Capital acquiring up to 19.9% stake in Goliath Resources
Crescat joins Canadian billionaire Eric Sprott as notable strategic investors in the company.
World Copper PEA for Escalones offers post-tax NPV of US$1.5B, payback in 2.2 years
World Copper (TSXV: WCU; US-OTC; WCUFF) has released a positive preliminary economic assessment for its Escalones copper project. The property is within the renowned Chilean porphyry copper bet that runs…
The Northern Miner Podcast – episode 278: How to raise the profile of a mining company, ft Los Andes Copper president and CEO R. Michael Jones
This week’s episode features Los Andes Copper CEO R. Michael Jones on why he shifted his focus to copper, what it’s like to work in Chile, and common strategies to…
Foran Mining receives key permit for McIlvenna Bay decline, bulk sampling
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has received the initial permits allowing it to begin development of an exploration decline as part of its pre-development program at the 100%-owned McIlvenna…
A tribute to The Northern Miner’s Joe Crofts
On Tuesday, February 8, our colleague and our friend Joe Crofts, passed on. He was surrounded by his family at the time. Joe had been fighting cancer valiantly since being…
Britishvolt secures US$54M from Glencore for UK gigafactory
Electric vehicle (EV) battery start-up Britishvolt, which has the ambitious plan to build a recycling gigafactory in the U.K., has secured a £40 million (US$54 million) cornerstone investment from partner…
Iamgold appoints activist investor’s nominees to board
Iamgold (TSX: IMG; NYSE: IAG) has appointed three independent directors to its board after reaching an agreement with Resource Capital Fund VII, managed by a U.S. investment fund that launched…
New training program aims to tackle labour shortage, break barriers in mining sector
In a bid to tackle labour shortages in the mining industry, an educational institute in northern Ontario is starting a training program that will aim to attract young people, women,…
High yields of rare earth elements recovered from mine, e-waste
A chemistry lab at Rice University has successfully extracted valuable rare earth elements from waste at yields high enough to resolve issues for manufacturers while boosting their profits. In a…
Monarch announces high-grade assays as it moves towards production restart at Beaufor mine
Just days after Triple Flag Precious Metals (TSX: TFPM) agreed to acquire a 2.75% net smelter return (NSR) royalty on Monarch Mining’s (TSX: GBAR; US-OTC: GBARF) Beaufor gold mine in…
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…