Fireweed Zinc to acquire Mactung Tungsten site in NWT for $15M
Fireweed Zinc (TSXV: FWZ) has inked a binding Letter of Intent (LOI) to acquire a 100% interest in the Mactung Tungsten Project in Yukon and the Northwest Territories, the company…
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Montage expands landholding in Côte d’Ivoire with $30M deal for Barrick-Endeavour JV project
Montage Gold (TSXV: MAU; OTC: MAUTF) has entered into an agreement with Barrick Gold (TSX: ABX; NYSE: ABX) and Endeavour Mining (TSX: EDV; LSE: EDV) to acquire a 100% interest…
Alrosa nixes dividend as economic sanctions bite
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
Gold price may be set to rise – but so are risks for miners
Amid the frenzied analyses of supply, demand and spiking prices for green metals and critical minerals, another metal may be preparing to steal the spotlight: gold. While the price of…
Hudbay Minerals needs US$1.9B for Copper World project in Arizona
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) unveiled Wednesday a preliminary economic assessment (PEA) for its Copper World Complex in Arizona, which includes recently discovered deposits at the property as well as the…
Savannah Resources’ lithium mine caught in Portugal’s red tape
Savannah Resources (AIM: SAV), the company building western Europe’s largest lithium mine, said on Wednesday it sympathized with shareholders’ frustration regarding the time Portugal has taken to review its application,…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
As demand for rare earths rises, the world’s biggest producer might stop exporting them, says analyst
China, the world’s biggest producer of magnet rare earth oxides could stop exporting the group of minerals within the next decade due to increasing domestic demand and a shortage in…
Tahltan-BC agreement puts Indigenous consent at centre of permitting process for Skeena’s Eskay Creek
Skeena Resources (TSX: SKE; NYSE: SKE) is welcoming the historic consent-based decision-making agreement reached earlier between the province of British Columbia and the Tahltan Central Government, the political arm of…
The Northern Miner Podcast – episode 294: ‘Arctic security is on everyone’s mind’, ft Yukon premier Sandy Silver at the Global Mining Symposium
This week’s episode features Yukon premier Sandy Silver in discussion with Northern Miner editor-in-chief Alisha Hiyate at the Global Mining Symposium. Premier Silver explained how the Yukon can play a…
Yancoal Australia rejects US$1.8B takeover bid from China’s Yankuang
Yancoal Australia (ASX: YAL) rejected on Tuesday a US$1.8-billion takeover bid from its largest shareholder, saying that both the value and the proposed structure of the deal were not in…
GMS: Maureen Jensen on the ‘advent of digital finance’
The brisk, sweeping changes Industry 4.0 brings to the financial landscape are forcing miners to rethink how they operate while regulators closely watch and prepare to implement new rules to…