Silver Lake to invest more than $30M in turnaround plan for Sugar Zone gold mine
Australia’s Silver Lake Resources (ASX: SLR), the new owner of the Sugar Zone mine in northern Ontario, is prepared to invest between $31.2 million and…
News
Denison completes test work to define Phoenix process plant components; confirms ability to produce yellowcake
Denison Mines (TSX: DML) has achieved a key milestone in the advancement of its Wheeler River uranium project in Saskatchewan with the completion of metallurgical…
Diamond exploration hits a new low — even as rough prices soar
There are few things that are more alluring and exciting than a diamond — but one of them is a significant new diamond discovery. Now…
Seabridge PEA outlines standalone underground mine opportunity at KSM with US$5.8B after-tax NPV
Seabridge Gold (TSX: SEA; NYSE: SA) has announced results of a preliminary economic assessment (PEA) for a potential copper-rich underground mine at its 100% owned…
Baffinland to terminate 1,100 workers at Mary River iron ore mine
Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Nunavut, as the company’s request to increase…
One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin
About 700 tonnes of gold-bearing material valued at about $191,357 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday…
Benz Mining drills high-grade lithium at Ruby Hill West
Benz Mining (TSXV: BZ; ASX: BNZ) has received assays for the six holes drilled in April 2022 as part of its initial lithium exploration at…
The Northern Miner Podcast – episode 302: Technology and robotics play growing role in mining employment, ft Lincoln Strategic’s Erik Buckland
This week’s episode features Lincoln Strategic Senior Client Director, Global Mining Recruitment, Erik Buckland, who gives an update on the mining labour market and how…
Royal Gold ups royalty on Cortez gold complex in Nevada in US$525M deal
Royal Gold (NASDAQ: RGLD; LSE: 0KXS) announced on Tuesday a US$525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained…
New Found Gold connects Keats and 515 zones at Queensway project in Newfoundland
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly…