Omai soars on gold resource update in Guyana
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has lifted its contained gold by about 22% at its eponymous project in Guyana while upgrading about half the resource into stronger categories….
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Angola flooding closes African copper export route
Flooding in Angola has halted rail traffic along the Lobito Corridor, disrupting a key export route for copper and cobalt from Central Africa and raising the prospect of supply bottlenecks…
American Eagle bids for Pacific Booker to add BC asset
Canadian explorer American Eagle Gold (TSXV: AE; US-OTC: AMEGF) offered to buy Pacific Booker Minerals (TSXV: BKM; NYSE-MKT: PBM), arguing that the unsolicited deal offers a “new path forward” for…
Aura OKs Guatemala gold build with higher capex
Aura Minerals (Nasdaq: AUGO) is proceeding to build its Era Dorada project in Guatemala, marking an expansion into Central America, after increasing a capital cost forecast by as much as…
Kodal ships record lithium from Bougouni in Mali
West Africa-focused Kodal Minerals (LSE: KOD) reported on Tuesday higher production, shipments and revenue at its Bougouni lithium mine in Mali in the first three months of the year, marking…
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global supply chains, hobbling copper producers…
Paladin’s Namibia restart sharpens Africa’s uranium relevance during wave of reactor builds
Paladin Energy’s (ASX, TSX: PDN) restart of the Langer Heinrich uranium mine in Namibia has put the country back on the map as one of the world’s top nuclear fuel…
Fujimori leads Peru presidential vote as mining risks rise
Keiko Fujimori led Peru’s presidential vote but fell short of an outright win, setting up a run-off that could reshape the outlook for the country’s critical mining sector. Exit polls…
China hikes rare earth prices by 45%
One of China’s biggest rare earth producers has hiked prices significantly, underscoring tightening market conditions and high geopolitical tensions in the midst of a raging conflict in the Middle East….
Gold price edges lower after failed US-Iran peace talks
Gold prices edged lower on Monday to a one-week low as inflation worries re-emerged following the collapse of the latest U.S.-Iran peace talks. Spot gold fell as much as 2.2%…
Chalice taps Cutifani’s firm for Aus palladium push
Chalice Mining (ASX: CHN) has appointed Odin Partnership, founded by former Anglo American (LSE: AAL) chief Mark Cutifani, as a strategic adviser to advance its Gonneville palladium-nickel-copper project in Western…
M&A: Denarius targets Emerita in Spain’s zinc-copper belt
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) offered to buy Emerita Resources (TSXV: EMO; US-OTC: EMOTF) in an all-share deal that would consolidate assets in Spain’s Iberian Pyrite Belt while adding…