Montage lands US$825M for new West Africa gold mine
Montage Gold (TSXV: MAU; US-OTC: MAUTF) has secured a financing package worth US$825 million to fund the construction of its flagship Koné project in Côte d’Ivoire. Shares gained 11.7%. The…
Africa
Barrick, Mali exchange shots in US$500M tax dispute
Barrick Gold’s (TSX: ABX; NYSE: GOLD) negotiations with Mali’s military government appear to have stumbled after both sides issued claims about a Sept. 30 preliminary agreement. The West African country’s…
NextSource ships first Madagascar graphite to global markets
Canada’s NextSource Materials (TSX: NEXT; US-OTC: NSRCF) has completed its first commercial shipments of graphite concentrate from its Molo mine in southern Madagascar, destined for Germany and the United States…
BHP tops all miners in Forbes list of world’s best employers
Australian miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has earned a spot in Forbes list of the world’s best employers of 2024, placing best amongst all peers in the…
Diamond miners’ results spark market recovery hopes
Lucapa Diamond (ASX: LOM) and Petra Diamonds (LSE: PDL) provided a glimmer of hope for the precious gemstones market on Tuesday by posting stronger revenues and production figures, signalling a…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
Site visit: Liberty Gold fast tracks past-producing Black Pine in Idaho
Salt Lake City, Utah – Liberty Gold’s (TSX: LGD) vice-president of exploration, Peter Shabestari, skillfully navigates steep turns around sheer rock faces at the company’s Black Pine Mountain gold project…
GoviEx logs strong uranium recoveries for Muntanga in Zambia as it preps for feasibility
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) shares rose 17.6% Wednesday after it announced that metallurgical test work for the Muntanga project in Zambia has returned positive results, while the company…
Diamond sector’s latest marketing campaign aims to sell youth on mined gems
De Beers Group and Signet Jewelers are putting a modern twist on tradition with their new campaign, “Worth the Wait,” aimed at reigniting demand for mined diamonds amid increasing competition…
Video: Caledonia Mining targets 2025 Bilboes feasibility to chart growth course, exec says
Zimbabwe-focused Caledonia Mining (LSE: CMCL) will finalize a feasibility study for its Bilboes gold project early next year, CEO Mark Learmonth said in an interview. The project, acquired in early…
Barrick fights to dismiss Tanzanian abuse allegations from Canadian court
Barrick Gold (TSX: ABX; NYSE: GOLD) is arguing in an Ontario court that allegations of human rights abuses in Tanzania should be decided in that country instead, with local police and…
Video: Kefi Gold nears $320M loan to start Tulu Kapi build, founder says
Kefi Gold and Copper (AIM: KEFI) founder Harry Anagnostaras-Adams says a US$320-million construction loan for the company’s first mine, Tulu Kapi gold mine in Ethiopia, is expected to close shortly, with…