Exploration activity in October was highest in a year, S&P data shows
The mining sector saw a sharp uptick in activity during the month of October, aided by an influx of significant drilling results and surge in financings, according to the latest…
Africa
B2Gold says strike at Fekola mine will not impact output
B2Gold (TSX: BTO; NYSE: BTG) says that its Fekola mine complex in Mali will continue to operate at full capacity despite an ongoing strike, and there will be no impact…
Aya pours first silver from new mill at Zgounder
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has poured its first silver from the new, expanded mill throughout the whole circuit at its Zgounder mine in Morocco, about 570…
Resolute pays US$50M to Mali junta amid tax spat
Resolute Mining (ASX: RSG; LSE: RSG) has made the second settlement payment of about US$50 million to the Malian government to help resolve a tax dispute, the company said Friday….
Botswana Diamonds granted environmental nod for Thorny River
Botswana Diamonds (LSE: BOD) said on Friday that South Africa’s Department of Mineral Resources and Energy had approved the environmental authorization for one of its two mining permit applications tied…
Madagascar lifts suspension on Energy Fuels’ critical minerals project
Madagascar has lifted its suspension on Energy Fuels‘ (TSX: EFR; NYSE: UUUU) Toliara critical minerals project, aiding the company’s diversification from uranium as it restarts development on what could be…
ArcelorMittal blames EU policy gaps for greening delay
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European Union for its decision. The…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Premium shares jump on Botswana copper-nickel project initial resource
An initial estimate for Premium Resources’ (TSXV: PREM) past-producing Selkirk project in eastern Botswana outlines 44.2 million inferred tonnes grading 0.3% copper and 0.24% nickel, the company reported Wednesday. Shares…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…