JV Video: Mandalay Resources aims for acquisitions
Mandalay Resources has a three-pronged strategy to expand into a mid-tier gold producer, president and CEO Frazer Bourchier says in a new video. Toronto-based Mandalay is maintaining cash flow from…
Europe
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…
TNM Drill Down: Southern Cross hits best Sunday Creek gold yet
Our TNM Drill Down features highlights of the best gold assays from the March 1-8 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV
Rupert Resources (TSX: RUP) is in discussions to buy B2Gold‘s (TSX: BTO) 70% interest in a gold JV it holds in northern Finland’s Central Lapland greenstone belt with Aurion Resources (TSXV:…
Dundee Precious Metals sells Tsumeb smelter in Namibia for US$49M
Dundee Precious Metals (TSX: DPM) has sold its Tsumeb specialty smelter in Namibia to a subsidiary of Sinomine Resource Group. Under the share purchase agreement, Dundee will receive US$49 million…
Exclusive: Record gold price a product of global risks, Barrick CEO Bristow says
The price of gold hit new records this week as concerns mounted about slowing growth in China, Europe and the United States even as stock markets rebounded and bond yields…
Lithium Chile farms out four properties to Eramet
Lithium Chile (TSXV: LITH; US-OTC: LTMCF) is looking to leverage the expertise of French mining group Eramet to help unlock the potential of four of its Chilean exploration properties. As…
Adriatic Metals opens Bosnia-Herzegovina silver mine
Adriatic Metals (LSE: ADT1; ASX: ADT) has officially opened its Vares silver project in central Bosnia, Europe’s first new mine in over a decade. Vares, which produced first concentrate last week,…
Cornish Metals speeds up work to reopen UK tin mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is speeding up work to reopen a past-producing tin mine at its South Crofty project in southwest England. The Canadian explorer and developer said today…
Macquarie flags nickel deficit as Indonesian permit delays drag growth
The global nickel market risks a surprise deficit this year amid slowing processing timelines for new Indonesian nickel mine permits, the Macquarie Group said in a report Thursday. This bottleneck…
Nasdaq newbie Critical Metals plans EU’s first battery-grade lithium mine in Austria
The chairman of Critical Metals (NASDAQ: CRML) says he’s unfazed by a plunging debut this week on the Nasdaq exchange and depressed commodity prices as the company advances what could…
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…