Orvana stock tanks on El Valle rockfall
The Toronto-quoted equity of Orvana Minerals (TSX: ORV) lost nearly 16% in Monday trading following a rockfall at the legacy open-pit wall at El Valle,…
News
Newcrest Mining commits $226 million to expand Telfer
Australia’s largest gold producer, Newcrest Mining (TSX: NCM; ASX: NCM) is investing A$246 million (about $226 million) to expand its Telfer gold-copper operations, which include…
Vital Metals buying rare earths properties from Quebec Precious Metals
Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM’s…
Gran Colombia Announces Closing of Offering of US$300 Million
Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in…
Expansion of Lucara’s Karowe mine to take longer and cost more
Canada’s Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world’s most prolific sources of large, high value type IIA diamonds. The company…
The Northern Miner Podcast – episode 251: Cameco blames Q2 loss on ‘oversupplied’ uranium market, but sees ‘better days ahead’
This week’s episode features Cameco’s Q2 conference call with CEO Tim Gitzel, who discusses the company’s ongoing challenges with low uranium prices. Despite optimistic forecasts…
Aluminum, copper, zinc usage from solar energy sector expected to double by 2040 – report
A new report by Wood Mackenzie predicts that the usage of aluminum, copper, and zinc in the solar power sector will double by 2040, thus…
Feds give thumb’s down to Grassy Mountain met coal project
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a…
Arizona Sonoran Copper aims at restarting the Cactus mine
Privately held U.S. explorer-developer Arizona Sonoran Copper Company (formerly Elim Mining) is completing a preliminary economic assessment (PEA) on its Cactus porphyry copper project in…
Chesapeake Gold cracks the Metates development code
Chesapeake Gold (TSXV: CKG) has done for the Metates project in Durango, Mexico — one of the world’s largest undeveloped gold-silver projects — what others…
Gates-backed firm ties up with Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, will pay $15m in exploration funding for project in Greenland
Euro Sun Mining to list in London before year-end
Euro Sun Mining (TSX: ESM) says it plans to float on the London Stock Exchange later this year, likely in September, as it looks to fund the…