Chinese funding may resurrect Rio Tinto’s troubled Simandou project in Guinea
Rio Tinto (ASX, LON, NYSE: RIO) is once again discussing the development of the controversial large-scale Simandou iron ore project in Guinea, as half-year earnings…
Africa
Golden Star sells stake in Bogoso-Prestea gold mine
Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future…
Teranga Gold says Senegal mine a ‘top tier’ asset
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a “top tier…
Top 10 US-based mining companies
Mining in the United States has been ongoing for centuries and has played a role in the country’s development over the years. The Northern Miner…
Roxgold drills more high grades at Seguela
Four drill rigs at Roxgold’s TSX: ROXG; US-OTC: ROGFF) Sequela gold project in Cote d’Ivoire continue to return high-grade results at both Ancien and Antenna…
Endeavour Mining adds to gold resource at Hounde
Endeavour Mining (TSX: EDV) has increased its gold resource by 554,000 oz. at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the…
Jiangxi Copper sells some shares in First Quantum
Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported. The sale represents less…
Cardinal Resources receives key approvals amid takeover battle
Cardinal Resources’ (TSX: CDV; ASX: CDV) Namdini mining licence has officially received sovereign parliamentary ratification in Ghana, the company says. “This ratification and the recent…
Sourcing cobalt remains a challenge for electric vehicle manufacturers
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as…
Barrick reduces power supply to communities near Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs. The company…
Norgold, Shandong battle over Cardinal Resources
Russian miner Nordgold (LSE: NORD) is offering to buy all shares in Ghana-focused Cardinal Resources (ASX: CDV) it does not already own, valuing the Australian-listed…
B2Gold reports record quarterly revenue
B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65%…