AngloGold, Barrick to sell 80% of Morila mine in Mali
AngloGold Ashanti (NYSE: AU) and partner Barrick Gold (TSX: ABX; NYSE: GOLD) are selling their 80% stake in Mali’s Morila gold mine amid political uncertainty…
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Unigold upgrades resource, launches $5M exploration program at Candelones
Unigold (TSXV: UGD) has announced an updated mineral resource estimate for the Candelones oxide project on the company’s flagship Neita concession, a 226-sq.-km land package…
New management brings ‘modern thinking’ to environmentally-challenged Bunker Hill Mine
For over a century, the mines of Silver Valley in the Coeur d’Alene Mountains in northern Idaho have been a source of tremendous mineral wealth….
PNG grants Porgera lease to state-backed miner: report
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government’s reported move to grant a 20-year lease for…
Coronavirus outbreak mutes outlook at OceanaGold’s Haile mine in South Carolina
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is “uncertain” after 18 staff members tested positive for…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive…
Roskill sees ‘structural shift’ in copper market on intense buying from China
Copper was once again approaching the psychologically important US$3 per lb. level on the back of falling inventories, booming Chinese demand and pandemic hit supply…
DeepGreen Metals partners with scientists on seafloor discovery program
DeepGreen Metals has formed partnerships with scientific research institutions and universities on its deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules…
South Africa ministry approves AngloGold asset sale, blocks delisting
South Africa’s mines ministry has approved the sale of AngloGold Ashanti’s (NYSE: AU; JSE: ANG) last remaining assets in the country to Harmony Gold (NYSE:…
Artemis Gold study outlines 23-year open pit mine at Blackwater in BC
Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold (TSX: NGD; NYSE-AM: NGD), Artemis Gold (TSXV:…
Vale opens iron ore grinding hub in China
Vale (NYSE: VALE) has begun producing high-grade iron ore fines for pelletizing at its new 3-million-tonne-a-year grinding hub at China’s Shulanghu Ore Transfer Terminal. The…
Nemaska Lithium accepts sale proposal, reorganization into new entity
After completing a sale or investor solicitation process (SISP) under the Companies’ Creditors Arrangement Act (CCAA), Nemaska Lithium has ultimately accepted a sale proposal, structured…