Sudan to reopen gold mines once linked to warlord’s family
The North Darfur mines were handed over to the government in May 2020.
Articles by Alisha Hiyate
Fortescue fast-tracks zero emissions target to 2030
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its…
Newmont to buy GT Gold
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…
Historic Phoenix mine target of Golden Dawn’s airborne survey
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden…
Europe lagging behind in battery metals production – report
According to Aperio Intelligence, Europe’s own supply is unlikely to meet the demand driven by the e-mobility sector by 2025.
Cumbria coal mine on hold after UK Gov’t calls for public inquiry
A public inquiry will be held into plans for the UK’s first deep coal mine in 30 years after government U-turn.
Gold Royalty closes $90M IPO
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised US$90 million through Gold Royalty’s initial public offering of 18 million units priced at US$5 per unit. The…
CEMI launches mineral processing innovation portal
As part of its partnership with Natural Resources Canada, the Centre for Excellence in Mining Innovation (CEMI) is pleased to launch the Canadian Mineral Processing Ecosystem Innovation Portal at www.cmpip.ca. This…
Rio Tinto’s Fer et Titane sells first Al-Sc alloy for 3-D printing
London-based Rio Tinto (L:RIO) has signed an agreement to provide the first commercial batch of aluminum-scandium alloy to Amaero, a leader in metal additive manufacturing. The alloy – given the…
Nonferrous metals exploration budget down by 11% in 2020 – S&P report
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.