Eldorado crushes first ore at Skouries, eyes Q3 output
Eldorado Gold (TSX: ELD; NYSE: EGO) has processed first ore through the crushing circuit at its Skouries copper-gold project in northern Greece as the company remains on track for first…
Articles by Cecilia Jamasmie
Barrick bets on BC with 9.9% Kingfisher stake
Barrick Mining (TSX: ABX; NYSE: B) is acquiring an almost 10% stake in Canadian explorer Kingfisher Metals (TSX-V: KFR) through a $20.9-million private placement, backing the junior’s exploration efforts in…
Lassonde’s Cadillac targets $363M IPO
Cadillac Mines, chaired by Canadian Mining Hall of Famer Pierre Lassonde, aims to raise up to $363 million (US$258 million) in an initial public offering (IPO) that counts Agnico Eagle…
Ex-De Beers chief leads bid for diamond giant
Anglo American (LSE: AAL) has selected a consortium led by former De Beers chief executive Gareth Penny as the preferred bidder to acquire its diamond business, according to Botswana’s government….
Orezone restarts Quebec mine after wildfire pause
Orezone Gold (TSX: ORE) resumed operations at its Casa Berardi gold mine in Quebec on Friday evening after a three-day voluntary suspension prompted by nearby wildfire activity, while maintaining its…
Forrest’s $133M tungsten bet rockets EQR shares
Mining billionaire Andrew Forrest has agreed to buy a 17% stake in EQ Resources (ASX: EQR) from Oaktree Capital Management, sending the Australian tungsten producer’s shares to their biggest gain…
ETM battles Greenland over rare earth ‘expropriation’
Energy Transition Minerals (ASX: ETM) says Greenland has effectively seized one of the world’s largest rare earth deposits outside China by blocking development of the Kvanefjeld project and refusing to…
New Pacific boosts Bolivia project value to $2.65B
New Pacific Metals (TSX: NUAG; NYSE-A: NEWP) has strengthened the economics of its Carangas silver-gold project in Bolivia with an updated preliminary economic assessment that lifts the after-tax net present…
Malaysia probes Lynas’ Pentagon rare earths deal
Malaysia is scrutinizing Lynas Rare Earths’ (ASX: LYC) $96-million supply agreement with the U.S. Department of Defense after a parliamentary committee reviewed whether the deal could affect the country’s support…
BHP’s first port strike in 26 years rattles iron ore supply
Union action at Port Hedland raises fresh concerns over iron ore exports as wage negotiations remain deadlocked.
Cuba’s cobalt exposes Western supply chain weak spot
Canada’s largest cobalt refinery has become an unexpected casualty of United States sanctions on Cuba, exposing a critical weakness in Western mineral supply chains that extends well beyond geology. The…
First Quantum explores Taca Taca stake sale: report
First Quantum Minerals (TSX: FM) is exploring the sale of a minority stake in its giant Taca Taca copper project in Argentina as the world’s largest miners and strategic investors…