Trevali sells stake in Namibia’s Rosh Pinah mine to Appian
Trevali Mining will sell its 90% interest in the Rosh Pinah zinc-lead-silver mine, in Namibia, to Appian Natural Resources Fund III. The embattled miner has had a difficult financial and…
Canada
Newcrest CEO Biswas leaves Australia’s top gold miner
Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia’s top gold…
CMS 2022: Hecla steps up to meet ‘extraordinary demand growth path,’ says CEO Phil Baker
North America’s oldest silver miner, Hecla Mining (NYSE: HL), is set to consolidate its position as the continent’s primary silver leader. It is working to increase U.S. output by 20%…
Panama orders suspension of First Quantum’s giant copper mine
Panama’s government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the…
Eldorado Gold board okays Skouries gold-copper project restart
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece. The…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
Snow Lake investor battle brings raw energy to Manitoba lithium project
A shareholder rift over millions of dollars in executive pay at Snow Lake Resources (NASDAQ: LITM) is rattling the explorer’s plans to develop a lithium project in northwest Manitoba. Management…
Barrick Gold to go ahead with US$7B Reko Diq project
Barrick Gold (TSX: ABX; NYSE: GOLD) is going ahead with construction of its Reko Diq copper and gold project in Pakistan after the country’s top court cleared the path for…
Fortescue ups stake in Candente Copper with $4M investment
Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%….
ESG and mining debate: cultish activism vs. modern business sense
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business? Those two sides took shape during an online…
Frontier Lithium’s drilling at Spark pegmatite continues to return robust grades
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has released results for seven more drill holes at its Spark pegmatite, part of its PAK lithium project in Ontario. The highlighted drill hole…
Brixton pivots to cobalt at Langis with strong drill results
Brixton Metals (TSXV: BBB) says the first batch of drill results from its Langis cobalt project in northeast Ontario confirms high-grade ore. Hole LM-22-254 cut 30.5 metres of 0.35% cobalt,…