China’s Zijin to buy Rosebel from Iamgold for US$360M
Canada’s Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued…
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JV Article: Sprung Structures: High performance tension fabric alternatives to steel buildings for mining operations
Sprung Structures was founded in 1887 and evolved into a major manufacturer of high-performance tension fabric buildings for multiple industries. The company developed and patented the stressed membrane structure, an…
Troilus shifts to feasibility mode after high-grade Quebec discovery
North-central Quebec-focused Troilus Gold (TSX: TLG; US-OTCQX: CHXMF) has announced the discovery of a new higher-grade gold zone to the northern and southern extents of Zone 87 (Z87), the larger…
Barrick close to building US$7B copper project in Pakistan as 50%-owned asset
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it had achieved a significant legal milestone to proceed with the development of the giant Reko Diq copper-gold deposit in Pakistan,…
TNM Drill Down: Top gold assays for the week of Oct. 7-14
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
JV Article: Element 29 Resources defines first copper-moly resource in mineral-rich Peru
Element 29 Resources (TSXV: ECU) a Vancouver-based copper explorer with projects in Peru, has released its first resource estimates for the Elida project in the Andean nation, with an initial…
Uranium Energy’s Athabasca deals part of ‘unprecedented’ M&A wave in uranium, nuclear assets
Uranium Energy (NYSE: UEC) says it’s building a “critical mass” of uranium projects in northern Saskatchewan’s Athabasca basin, including the recent US$150-million purchase of Rio Tinto’s (ASX: RIO) Roughrider project. The…
Endeavour Mining starts building Lafigué gold mine in Côte d’Ivoire
Endeavour Mining (TSX, LSE: EDV) has kicked off construction at its 80%-owned Lafigué gold project in Côte d’Ivoire, which is expected to begin production in the third quarter of 2024….
JV Article: Discovery Silver plumbs massive deposit in Mexico’s mining heartland
Having acquired 100% of the Cordero silver project in 2019, Discovery Silver (TSXV: DSV; US-OTC: DSVSF) is wasting no time making it one of Mexico’s most important silver producers. The…
Sherritt to recoup $362M of debt from Cuban partners through ‘cobalt swap’
Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1, 2023. The agreements, known as…
Wesdome Gold falls after output drop, but analyst sees brighter future
Shares in Wesdome Gold Mines (TSX: WDO) shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while…
Regulus receives US$5M investment from Osisko Gold for AntaKori project
Regulus Resources (TSXV: REG; OTC: RGLSF) has secured a US$5 million investment from Osisko Gold Royalties in exchange for a net smelter return (NSR) ranging from 0.125% to 1.5% on certain claims…