Centerra sues former director over Kumtor mine expropriation
Centerra Gold (TSX: CG) has sued the new external manager of its Kumtor mine, which was seized by Kyrgyzstan last weekend, claiming that he conspired to steal the asset from the company…
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Global Mining Symposium: Manitoba’s vast under-explored mineral wealth has much to offer, panel says
Manitoba has ranked in the top 20 of the Fraser Institute’s annual list of the most attractive mining jurisdictions for 21 of the last 23 years, and has an exceptional…
Mako nears commercial gold production in Nicaragua
Mako Mining (TSXV: MKO; US-OTC: MAKOF) says its San Albino gold project in northern Nicaragua may reach commercial production at the end of the second quarter. The 5000-tonne per day…
Wesdome expands Kiena Footwall zone, possible mining restart by year-end
Underground drilling by Wesdome Gold Mines (TSX: WDO) at the Kiena mine complex in Val d’Or, Quebec has expanded the high grade Footwall zone over 300 metres down plunge. Drilling…
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned…
Glencore leads miners group in cobalt blockchain pilot
Mining and commodities trader Glencore (LSE: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce using blockchain technology. The group,…
JV Article: The creation of a new Canadian gold miner
Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore’s president and CEO. Goldshore has assembled a…
First Quantum sells 30% stake in Ravensthorpe to POSCO for US$240M
First Quantum Minerals (TSX: FM) is selling a 30% stake in its Ravensthorpe nickel operation in Western Australia to South Korean steel giant POSCO for US$240 million. The funds will…
Imperial Metals launches $60.2M rights offering
British Columbia-focused base metals producer Imperial Metals (TSX: III) has announced a rights offering to raise $60.2 million, (US$49.6 million) which it will use to fund its portion of work…
Sprott and New Found Gold increase positions in Labrador Gold
Labrador Gold (TSXV: LAB) has closed a non-brokered private placement, raising $15 million from the sale of 16.7 million working capital units at a price of $0.90 each. A single unit…
South African platinum rebound to push market into surplus, says Johnson Matthey
A wall of platinum production from South Africa coming back online following Covid-19 disruptions is expected to offset demand growth this year and push the market into surplus territory, new…
Canada has “right ingredients” to be EV battery leader
Canada has a “once-in-generation” opportunity to establish itself as a major player in the global battery sector, but it needs to act fast to seize the opportunity, a new report reflecting the…