Bluejay Mining to sell projects in Finland for $7m
It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.
News
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by Australian mining billionaire Andrew Forrest’s…
The Northern Miner Podcast – episode 249: Freeport-McMoRan develops ‘next level’ leaching technology using AI and data analytics
This week’s episode features Freeport-McMoRan’s second-quarter conference call with president and chief executive officer Richard Adkerson. The veteran executive discusses high shipping prices, sustainability, copper prices, incremental demand out of…
Barrick Gold signs four exploration deals in Egypt
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said today. The miner, which won…
Top 10 Canadian companies with assets in the U.S.
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its Top 10 list of the biggest Canada-based…
Talisker expands BC land package with New Carolin acquisition
Talisker Resources (TSX: TSK) will acquire New Carolin Gold (TSXV: LAD) and its 143.8-sq.-km Ladner gold project in southern B.C. in an all-share deal valuing the shares at 9.5 cents…
La Mancha launches US$1.4 billion gold mining fund
La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a US$1.4 billion fund to hold the magnate’s gold mining investments and pursue new opportunities in the sector. The…
Rio Tinto studies underground mining at Kennecott copper mine
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has approved a US$108 million underground development at the Kennecott copper project in Utah. The expenditure will support a feasibility study for…
Coal mining byproduct effective for land reclamation, study says
A researcher at the University of Alberta in Canada has discovered that nano humus, a substance extracted from coal mine deposits and then crushed to a black, powdery material, is…
US markets rise, July 19-23
The Dow Jones Industrial Average rose 1.08% to finish the week at 35,061.55 and the S&P 500 climbed 1.96%% to 4,411.79. Spot gold dropped US$10.00 per oz., or 0.55%, to US$1,802.20…
TSX Venture down, July 19-23
The S&P/TSX Venture Composite Index dropped 0.63% to finish the trading week at 902.56. Spot gold fell US$10.00 per oz., or 0.55%, to US$1,802.20 per ounce. Nouveau Monde Graphite climbed 39¢ to $8.95….