Silverco’s La Negra posts $329M value over $21M costs
A preliminary economic assessment (PEA) for Silverco Mining’s (TSXV: SICO; US-OTC: SICOF) La Negra mine in central Mexico gives it very high value and returns compared to costs, as the…
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Australia gold output holds near decade average
Australian gold output held around the same level it has averaged over the past decade in the year ended June, even as seismic disruptions at Newmont (NYSE, ASX: NEM; TSX:…
Larvotto begins gold, antimony output at Hillgrove
Larvotto Resources (ASX: LRV) has produced its first gold and antimony concentrate at the Hillgrove mine in New South Wales, advancing a project expected to become Australia’s largest antimony producer…
Almonty clears final hurdle to start producing tungsten concentrate in South Korea
Almonty Industries (NASDAQ: ALM) received approval from the South Korean government to commercially process tungsten concentrate at the Sangdong tungsten mine, expected to produce about 200,000 metric tonne units (MTU)…
Comment: Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Canada spent the first half of September answering Washington’s trade escalation dollar for dollar after the United States imposed 50% tariffs on a broad range of Canadian goods that extend…
US backs Global Atomic’s Niger uranium mine with $414M loan
Canadian uranium developer Global Atomic (TSX: GLO) has won conditional support for a $414.2 million (C$580 million) U.S. government loan to build its Dasa mine in Niger, reviving financing that…
Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…
Nigeria mining crackdown under fire after 37 die
Thirty-seven people arrested in a Nigeria government crackdown on suspected illegal mining died while in custody, sparking protests and scrutiny of the country’s mining enforcement drive. Niger state on Friday…
Aya logs high-grade, shallow silver in Morocco
New drilling by Aya Gold & Silver (TSX, NASDAQ: AYA) its Zgounder mine in Morocco has extended high-grade silver mineralization around the existing open pit and in the central part…
Aura secures $200M loan for Americas growth
Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent…
Venezuela’s $4B gold stash closer to leaving London
Venezuela’s government and a faction of the opposition are nearing an agreement that could move about $4 billion of the country’s gold from the Bank of England to U.S. custody,…
Uranium miners race to catch surging nuclear demand
The uranium market is slipping into a structural deficit as surging nuclear demand outpaces the development of new mines. Global uranium exploration and development spending exceeded $1.78 billion in 2023…