Gold Fields delays start of US$1B Chilean project to April
South Africa’s Gold Fields (NYSE: GFI) has once again delayed first gold production at its Salares Norte project in Chile from last month until April 2024, citing delays caused by…
Articles by Cecilia Jamasmie
Hummingbird Resources unveils plan to raise up to $43.5M
Africa-focused Hummingbird Resources (AIM: HUM) unveiled on Thursday a plan to secure up to US$32.7 million ($43.5 million) in total proceeds to fund its growth strategy, exploration activities, advance its Dugbe…
Pinnacle Minerals expands Canadian lithium footprint
Australian junior Pinnacle Minerals (ASX: PIM) has inked an agreement to acquire a 75% stake in the Adina East lithium project in the increasingly crowded and lithium-rich James Bay region…
Saturn Resources buys Shanta Gold for $239M
East Africa-focused Shanta Gold (LSE: SHG) said on Wednesday it had agreed to a £141.9 million ($239.7 million) takeover bid by Tanzania-based Saturn Resources. Under the deal, Shanta shareholders will…
Centamin grows Sukari gold reserves for third straight year
Egypt-focused Centamin (TSX: CEE; LSE: CEY) has grown its resource and reserve base at its Sukari gold mine for the third year in a row. The company said Sukari’s reserves…
Panama rejects Orla Mining request for permit extension
Orla Mining (TSX: OLA; NYSE: ORLA) said Monday that Panama’s government had rejected the company’s request for permit extensions at three mining concessions that make up its Cerro Quema gold…
Arizona Lithium rides momentum ahead of Prairie project PFS
Arizona Lithium (ASX: AZL) has raised A$16.5 million (US$11 million) in flow-through funding as it prepares to release results of a prefeasibility study for its Prairie lithium project in Saskatchewan….
TechMet urges UK to catch up in critical minerals race
Britain is falling behind European and North American peers in securing local sources of critical minerals, which threatens to hit the car industry the hardest, a government report warns. Successive…
Namibia greenlights Bannerman’s Etango uranium project
Bannerman Energy (ASX: BMN) said on Friday it had received the mining licence for its flagship Etango uranium project in western Namibia, Africa’s biggest producer of the ore. Bannerman said…
Gates, Bezos-backed KoBold Metals in four-continent quest for lithium
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has launched a four-continent search for lithium, the coveted metal used in batteries that power electric…
Osisko Gold Royalties sells Osisko Mining shares
Canada’s Osisko Gold Royalties (TSX:OR; NYSE: OR) has sold all the shares it held in exploration and development company Osisko Mining (TSX: OSK) for $132 million (US$98.3 million). The Montreal-based firm,…
Eldorado Gold shares fall on lower Lamaque reserves
Shares in Eldorado Gold (TSX: ELD; NYSE: EGO) fell on Wednesday after the company announced a 5% decrease this year in proven and probable gold reserves at specific assets within…