The View from England: Brexit threat to London’s finance sector
We are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come…
News
Intercontinental Gold completes first zinc-silver concentrate shipment from Bolivia
Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia. The commodity trading firm reported…
Botswana extends Lucara’s licence for Karowe to 2046
Lucara Diamond (TSX: LUC) said Botswana has renewed the company’s mining licence for its Karowe mine for another 25 years, paving the way to fully move…
SilverCrest secures US$120M facility for Las Chispas, enters into EPC contract
As it looks to a construction decision for its flagship Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has announced…
Argonaut executes fixed bid contract for Magino gold project
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction…
Victoria Gold’s new credit facilities expected to lower carrying costs in 2021
Victoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200 million debt facility will cut carrying costs by about…
Lucapa kicks off 2021 with 113-carat diamond find at Lulo
It’s the seventeenth rock over 100 carats found at the Angolan mine.
Pure Gold becomes Canada’s newest gold producer
Pure Gold Mining (TSXV: PGM; LSE: PUR; US-OTC: LRTNF) poured its first gold in the final week of 2020 at its PureGold mine in Red…
Over 3,000 diamonds recovered from Star-Orion South project in Saskatchewan
Star Diamond (TSX: DIAM) has recovered 3,534 diamonds weighing 210.68 carats from its ninth bulk sample trench excavated on the Star kimberlite at the Star-Orion…
McEwen Mining completes feasibility for Fenix in Mexico
A feasibility study has outlined a nine and a half year mine life for McEwen Mining’s (TSX: MUX; NYSE: MUX) 100%-owned Fenix project in Sinaloa…
Fitch forecasts rebound in zinc production
Global zinc mine output will recover in the coming years following several years of decline, Fitch Solutions forecasts in its latest industry report, adding that…
Las Bambas blockades affect Peru copper shipments
In a Dec. 29 communiqué reproduced by state-owned news agency Andina, the Peruvian Ministry of Energy and Mines (Minem) expressed its opposition to the blockades…