Silver Lake Resources grabs troubled Harte Gold
Australia’s Silver Lakes Resources (ASX: SLR) said on Friday it had won the bid for Harte Gold (TSX: HRT), whose sole asset is the three-year-old Sugar Zone mine in Ontario, Canada….
Articles by Cecilia Jamasmie
Newcrest expands footprint in Canada with Pretium buy
Newcrest Mining (ASX, TSX: NCM) is expanding its footprint in Canada, particularly in British Columbia’s Golden Triangle, after shareholders in Pretium Resources approved the Australian miner’s bid for the company….
Codelco adds 30 years to Andina copper mine
The Andina Transfer project turned the underground operation into an open pit mine located 3,500 metres above sea level, which holds 30% of Chile’s copper reserves.
Antofagasta says Chile water shortage to hit 2022 production
Chilean miner Antofagasta (LSE: ANTO) is expecting annual copper production for 2022 to be below last year’s levels, as operations continue to be impacted by the country’s longest drought in…
AngloGold closer to production in Nevada with Corvus takeover
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) expects to start producing gold in Nevada, U.S., by 2025 at the latest, as the company officially took over Canada’s Corvus Gold…
First Quantum agrees to pay US$375M a year in royalties to Panama
First Quantum Minerals (TSX: FM) has reached a deal with Panama’s government to increase royalty payments at the giant Cobre Panama copper mine, the company’s flagship operation. The Canadian miner’s…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
EV industry moving in right direction to close gap with internal combustion engines – report
Although there is still a way to go for electric vehicles to close the performance, safety, and cost gap with internal combustion engines, a recent report by IDTechEx says some…
UPDATE: Iamgold in search of new CEO as Stothart leaves
Iamgold (TSX: IMG; NYSE: IAG) is looking for a new chief executive officer as its current leader Gordon Stothart has stepped down and resigned from the board with immediate effect. The Toronto-based…
Rio Tinto to transport iron ore in Pilbara via battery-electric trains
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is buying four battery-electric trains from U.S.-based Wabtec (NYSE: WAB) for use at its Pilbara iron ore mines in Western Australia, as part…
Ivanhoe Mines to produce 340,000 tonnes of copper at DRC mine in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said on January 10 that it expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper…