Anglo American ups copper guidance on Quellaveco start
Anglo American (LSE: AAL) says it expects to churn out between 680,000 and 760,000 tonnes of copper in 2022, as its giant Quellaveco mine in Peru is slated to begin…
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Pure Gold raises $25M to ramp up Red Lake mine; AngloGold ups stake
Pure Gold (TSXV: PGM; LSE: PUR) is raising $25 million in two separate financings with which to ramp up production at its PureGold mine in Red Lake, Ontario. The company…
Tanzanian Gold pins its hope on a three-pronged approach at Buckreef
Tanzanian Gold (TSX: TNX; NYSE: TRX) believes a three-pronged approach to developing its 2-million-ounce Buckreef project could lead to Tanzania’s next national mining success story, CEO Stephen Mullowney tells The Northern Miner. Situated about 45 km to the west of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Bulyanhulu gold mine and nearly…
Three Valley Copper suspends mining operations in Chile
Three Valley Copper (TSXV: TVC; US-OTC: TVCCF) has temporarily suspended operations at its Minera Tres Valles (MTV) complex near the city of Salamanca in Chile due to the consistent underperformance of its Don Gabriel open pit mine,…
Gowest gets $19M boost for Bradshaw from Hong Kong’s Greenwater
Greenwater Investment Hong Kong has agreed to invest $19 million in Gowest Gold (TSXV: GWA), sole owner of the Bradshaw gold project, 50 km northeast of Timmins, Ont. Gowest says…
Lithion to raise $125M for battery recycling in Quebec
Lithion Recycling has closed the first tranche of a financing that could provide $125 million toward the company’s first lithium-ion battery cycling plant in Quebec. The Series A equity financing…
The Northern Miner Podcast – episode 275: Inflation ‘sticky’ as commodity supply lines remain tight, ft Global X research analyst Rohan Reddy
This week’s episode features Rohan Reddy, research analyst at Global X, a New York-based provider of global exchange-traded funds, including the Global X uranium ETF. In this wide-ranging interview, Rohan…
Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
Endeavour Mining and Fortuna Silver operations unaffected by Burkina coup
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and Fortuna Silver Mines (TSX: FVI; NYSE: FSM) say their mines in Burkina Faso have not been affected after a military junta seized control of the country…
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
Chinese takeover of Neo Lithium “irrelevant to national security interests” says Liberal MP
The proposed takeover of Canadian-based Neo Lithium (TSXV: NLC; US-OTC: NTTHF) by China’s Zijin Mining is not a concern, Liberal MP Andy Fillmore said. Speaking to a House of Commons committee on January 20, Fillmore…