Almonty starts Sangdong tungsten mine in S. Korea
Almonty bought the asset when the US stopped mining tungsten in 2015 and has been working to bring it back into production for a decade.
News
London Symposium JV Video: Forte Minerals draws major backers in Peru
Forte Minerals (CSE: CUAU; US-OTC: FOMNF) has drawn two strategic investors at 9.9% each and holds $14.7 million (US$12.6 million) in cash to advance a portfolio in Peru. Its Alto…
Brazil delays critical minerals areas auction
Brazil has postponed a long-awaited auction of mineral exploration areas rich in critical minerals after its mining regulator said it lacks the resources to move forward. The National Mining Agency…
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
Ontario, Ottawa sign deal to speed up major projects
Ontario and Canada’s federal government signed an agreement that aims to curb duplicate reviews and advance long-planned infrastructure and projects such as those in the province’s metals-rich Ring of Fire…
Integra CEO aims for mid-tier gold output in Idaho
A feasibility study for Integra Resources’ (TSXV: ITR; NYSE-A: ITRG) DeLamar gold-silver project in Idaho lifts potential profit, trims construction and shortens payback, CEO George Salamis says. At the base…
Canada Nickel posts country’s top metal ounces
Two new initial resources for Canada Nickel’s (TSX-V: CNC; US-OTC: CNIKF) sulphide deposits in northern Ontario now make its Timmins Nickel District the largest undeveloped nickel base in the country…
Artemis okays $1.4B Blackwater expansion
Artemis Gold (TSXV: ARTG) said Wednesday it will proceed with a $1.4-billion (US$1.1-billion) second-stage expansion at its Blackwater mine in central British Columbia, a move the company says would lift…
U.S. raises Graphite One loan to $2.1B
The U.S. Export-Import Bank (EXIM) has increased potential funding to $2 billion (C$2.9 billion) for Graphite One’s (TSXV: GPH; US-OTC: GPHOF) Alaska-to-Ohio supply chain. The bank on Thursday issued non-binding…
BHP hit with $253M UK legal costs demand
BHP (ASX, LSE, NYSE: BHP) could be on the hook for at least £189 million ($253 million) in legal costs after a U.K. court found last month that the world’s…
Tiernan Gold set to debut on TSX Venture Exchange
Tiernan Gold heads to the TSXV with a flagship Chile project and Hochschild as its top shareholder.
NGEx hits 4% copper, 11g gold at Lunahuasi in Argentina
NGEx Minerals (TSX: NGEX; US-OTCQ: NGXXF) said new drilling at the Lunahuasi polymetallic project in Argentina vertically extended an existing high-grade zone by 100 metres. The stock rose. Hole DPDH048 in the deposit’s…