Gold miners keep operating in Mali despite coup
Gold miners operating in Mali said they are continuing to operate while monitoring a political crisis that shut the country’s borders and hit share prices on Aug. 19. Malian President…
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SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand for the metal used to…
Trilogy completes feasibility on Arctic polymetallic project in Alaska
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has announced the results of a feasibility study on its 50%-held Arctic copper-zinc-lead-silver-gold project in northwestern Alaska’s Ambler mining district. The study suggests a…
MAC says fed review of Teck’s Castle project ‘political in nature’
Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources’ (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain…
Nexus Gold reports high-grade intercepts at McKenzie in Ontario
Most people know Nexus Gold (TSXV: NXS; US-OTC: NXXGF) from its portfolio of five gold projects in Burkina Faso, in particular its flagship near-surface Bouboulou orogenic gold deposit. But security risks in…
Rio Tinto cuts 2020 copper targets on Kennecott delay
Rio Tinto (NYSE: RIO; LSE: RIO) has cut its refined copper production target for fiscal 2020 due to delays in restarting a smelter at its Kennecott mine in Utah. The…
Battle North seeks $55M to fund development, pay debt
Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP…
Kirkland Lake signs strategic alliance agreement with Newmont in Northern Ontario
Kirkland Lake Gold (TSX:KL, NYSE:KL) and Newmont (TSX: NGT; NYSE: NEM) have signed a strategic alliance agreement to collaborate on exploration and development work in Northern Ontario. Under the terms…
Copper rises above US$3 per lb.
Copper rose above US$3 per lb. for the first time in more than two years, on the back of falling inventories, a lower U.S. dollar, unprecedented Chinese economic stimulus and…
Alaska Republican Party endorses Pebble mine plan
Northern Dynasty Minerals’ (TSX: NDM) shares jumped Aug. 19 after the company revealed that the Alaska Republican Party officially endorsed its proposed Pebble copper-gold-molybdenum mine. The stock climbed almost 5%…
Iron ore price hits six-and-half year highs on Chinese demand
Iron ore prices hit six-and-half year highs on Aug. 18 as Chinese furnaces, where more than half the world’s steel is forged, roll out crude steel at a never before…
Commentary: Coal mining ends in England, but Earth Overshoot Day points way forward
It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global…