Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move that it says will help…
Articles by Mining.com Staff
Velocity Minerals sells Bulgarian assets for US$59M
Bulgaria-focused Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) has agreed to sell its Rozino gold project, along with various other assets, in return for US$59 million in cash. Türkerler, a diversified…
Thor Explorations settles Nigerian tax bill, denies reports of tax evasion
Thor Explorations (TSXV: THX; AIM: THX) said Tuesday it immediately paid a US$61,900 bill for outstanding taxes presented yesterday by a state magistrate for its Segilola gold mine in Nigeria’s…
Major copper discoveries down as industry shuns greenfield exploration — report
Major new copper discoveries are becoming scarcer globally, with most reserve growth over the last decade coming from older deposits as the industry has shifted away from early-stage exploration, according…
BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.
Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories
Burgundy Diamond Mines (ASX: BDM), owner of the Ekati diamond mine in the Northwest Territories, says it has pulled plans for underground mining at the Sable open pit following feedback…
Volt Lithium hits first output in Texas
The company began operating its DLE system on September 17, 2024, and is currently optimizing its field unit.
JV Article: HPY’s circular ore sorters achieve largest mineral processing capacity in industry
Ganzhou HPY Technology Co. Ltd., an enterprise company specializing in the research, development, and manufacture of ore sorting machines using pioneer sensor technologies and AI algorithms, is approaching its 10th…
Top miners’ reclamation obligations could surpass industry’s total debt by 2033
Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.
Ivanhoe Electric’s VRB Energy enters vanadium battery JV with Chinese firm
Ivanhoe Electric’s (TSX: IE; NYSE-AM: IE) cleantech subsidiary VRB Energy is forming a joint venture with a Chinese investment firm that will bring in a US$55-million investment and help scale…
JV Video: Peartree CEO sizes up Canada’s unique flow-through regime, changes to fed tax rules
Flow-through financing plays a crucial role in supporting Canada’s junior mining sector. This unique-to-Canada financing model, which PearTree Financial Services helped pioneer, facilitates over 90% of exploration investment across the…