B2Gold slashes Calibre stake
B2Gold (TSX: BTO, NYSE-A: BTG) has sold down its stake in Nicaragua producer Calibre Mining (TSX: CXB; OTCQX: CXBMF) to less than 10%, citing market conditions and corporate strategy. The…
Articles by Colin McClelland
Barrick-backed Dakota Gold seeks Homestake-style lode
Dakota Gold (NYSE-A: DC) intersected more high-grade gold mineralization at the Maitland gold project in South Dakota showing similarities to the nearby former Homestake mine that produced 40 million oz….
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal to market, analysts say. The…
Sacked Nickel 28 CEO repays $3.2M
The CEO of a Canadian company with a small stake in a Papua New Guinea (PNG) nickel-cobalt mine is repaying about $3.2 million in shares and resigning from the board…
Snowline Gold’s first resource shows large-scale, high-grade potential in Yukon
Snowline Gold’s (TSXV: SGD; US-OTC: SNWGF) Valley deposit dwarfs most other projects in grade and metal, according to the most anticipated initial resource for a Yukon asset in decades. Valley…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference on financing trends in New…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
Green bonds grow as financing option
Green bonds are a rising source of funding as project developers widen their search for financing beyond stock markets, according to a panel at a New York mining conference. There…
Nigerian illegal mine collapse kills 20
Heavy rains caused an open-pit mine collapse in Nigeria that killed at least 20 people and trapped 14 others, according to local Channels Television, which cited police. Rescuers were hampered…
Palladium not written off the road yet, miners say
The price of palladium may gain in the short term if constraints on recycling tighten and car buyers remain wary of electric vehicles (EVs) because of high interest rates, the…
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Bronze bust honours barber who struck gold
In what might be a parting gift, Newmont (TSX: NGT; NYSE: NEM) has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine…