Kinross’ Lobo-Marte cost jumps 67% as NPV triples
Kinross Gold (TSX: K; NYSE: KGC) has raised the projected cost of its Lobo-Marte gold project in Chile by nearly two-thirds to $1.8 billion (C$2.5 billion), though the post-tax net…
Canada
Sponsored: Empress turns cash flow into growth
Empress Royalty Executive Chair David Rhodes and President & CEO Alexandra Woodyer Sherron in conversation with The Northern Miner’s Western Editor, Henry Lazenby, this month during the Rule Symposium on Resource…
TNM reveals latest bonus prize Treasure Hunt clue
The Northern Miner is excited to share that the Grand Prize prize clue has just been emailed to all subscribers! The newest instalment of our ongoing Great Canadian Treasure Hunt adds…
Montage books near-surface gold in Côte d’Ivoire
Early drilling by Montage Gold (TSX: MAU; US-OTC: MAUTF) at its Wendé project in Côte d’Ivoire has returned shallow gold, confirming the potential of what the Canadian developer says could…
First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
Zijin buys Allied Gold stake after $4B deal collapses
Zijin Gold’s planned $4 billion (C$5.5 billion) acquisition of Allied Gold (TSX, NYSE: AAUC) has collapsed after Chinese regulators failed to approve the transaction before the deadline, leaving the state-backed…
AME presses Ottawa to honour exploration credit promise
The Association of Mineral Exploration (AME) is pressing Ottawa to expand Canadian Exploration Expense eligibility to cover project-advancement work, saying financing gaps are stalling critical-mineral projects after discovery. In a…
GBM to buy Lomiko, add Quebec graphite project
Global Battery Materials agreed to buy developer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) in an all-share deal valued at about $11 million (US$7.9 million) that will give the private company…
Denison starts building Canada’s first ISR uranium mine
Denison Mines (TSX: DML; NYSE-A: DNN) began full construction at its Phoenix uranium project in northern Saskatchewan, by starting installation of the first perimeter freeze wall after finishing site preparation….
Saga nears first resource with titanium-vanadium hits
High-grade assays from Saga Metals’ (TSXV: SAGA; US-OTC: SAGMF) Radar titanium-vanadium-iron project in Labrador reveal continuity across wide areas of oxide mineralization and point to the potential size of the…
Brazil court dismisses Indigenous case vs Belo Sun
Canadian miner Belo Sun Mining (TSX: BSX) has secured a final court ruling that permanently dismisses a class action challenging the Indigenous licensing process for its proposed $300-million (C$423-million) Volta…
US struggles to secure lithium for strategic stockpile
The U.S. Defense Logistics Agency has pushed back for a second time the deadline for suppliers to bid on a contract to provide battery-grade lithium carbonate for the nation’s strategic…