Loulo-Gounkoto to remain among world’s top 10 gold producers: Bristow
Barrick Gold’s (TSX: ABX; NYSE: GOLD) president and chief executive Mark Bristow said this weekend that the Loulo-Gounkoto complex in Mali is set to maintain its status as one of…
Africa
Séguéla drives Fortuna to record gold production in Q3
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) achieved a new production record during the third quarter of 2023, as its Séguéla mine in Cote d’Ivoire finished its first full quarter…
Lucapa Diamonds names Selby as CEO and managing director
Australia’s Lucapa Diamonds (ASX: LOM) has appointed interim chief executive Nick Selby as its permanent CEO and managing director. Selby, an extraction metallurgist who joined Lucapa in 2014, took the helm in…
Barrick to invest US$2B in Zambia copper mine expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) will invest almost $2 billion in an expansion of its Lumwana copper mine in Zambia, the company said on Wednesday. The project will increase…
Lucara Diamond ends HB Trading sale agreement
Canada’s Lucara Diamond (TSX: LUC) has terminated its sales agreement with HB Trading covering high-value diamonds from the Karowe mine in Botswana, following a “material breach of financial commitments” by HB. The two parties inked…
Climate targets threatened by lack of mining investment: McKinsey
Soaring demand for metals and minerals needed to achieve a 45% reduction in global emissions by 2030, paired with low commodity prices driving investors and mining firms to cut spending…
Gates, Bezos-backed KoBold Metals bids to build copper mine in Zambia within 10 years
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday that it aims to open a new copper-cobalt mine in Zambia within 10…
Navigating the deep: The Metals Company eyes late 2025 ocean mining start
In the dark waters of the abyssal plain between Mexico and Hawaii lies the expansive Clarion Clipperton Zone (CCZ), where Canadian outfit The Metals Company (NASDAQ: TMC) plans to pioneer…
Kodal Minerals lithium project in Mali unfazed by new law
Kodal Minerals (LSE: KOD) said on Friday it is moving its Bougouni lithium project in Mali into the next development phase as won’t be affected by new legislation that entitles…
TNM Drill Down: Azure Minerals leads lithium assays with Andover project in Australia
Projects in Australia, Canada and Ghana led the Top 10 lithium assays of the month ending Sept. 15, according to rankings by Mining Intelligence, part of The Northern Miner Group….
Fortuna Silver boosts presence in West Africa with Chesser buy
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has expanded its footprint in West Africa after completing the acquisition of Australian gold junior Chesser Resources. In the deal announced in May,…
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper…