Mali junta frees Resolute CEO
Resolute Mining (ASX: RSG; LSE: RSG) CEO Terence Holohan and two colleagues have been released from detention by Malian authorities, the company said on Thursday. “All three employees are safe…
Fast News
Avalon gets $3.5M funding from Sibelco to advance non-JV projects
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has received $3.5 million in a debt financing with Belgium’s SCR-Sibelco NV, which holds a 19.99% stake in the company. The funds will…
Osisko Metals shares rise on Gaspé copper resource boost
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gaspé copper project, near Murdochville, Que., that increases contained copper-equivalent pounds by…
Aya Gold & Silver rises on Zgounder optimism, despite Q3 miss
Aya Gold & Silver (TSX: AYA, US-OTC: AYASF) confirmed on Friday that delays in commissioning its expanded Zgounder mine dented its production in the third quarter, but said it’s on…
Military Metals acquires past-producing antimony project in Nevada
Military Metals (CSE: MILI; US-OTC: MILIF) is adding another past-producing asset to its antimony-focused portfolio, this time situated in the U.S., which currently has no domestic production of the mineral…
Abitibi Metals boosts resource by 62% at B26 polymetallic deposit in Quebec
Indicated resources increased by 62% to 11.3 million tonnes from 6.9 Mt.
US government to assist Aclara with location study for new facility
Canada’s Aclara Resources (TSX: ARA) announced on Wednesday a collaboration with the U.S. Department of Commerce’s International Trade Administration to find the best location for its planned rare earth separation…
Piedmont Lithium shares up on continued record production at NAL
Shares of Piedmont Lithium (NASDAQ: PLL; ASX: PLL) saw double-digit gains on Tuesday following the release of the company’s third quarter results, headlined by a new production record set by…
Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at its NAK copper-gold discovery in…
Fasken named global mining law firm of the year
Fasken has received two awards at the Lexology Index (formerly Who’s Who Legal) Awards in London. For the 16th time, the firm was recognized as the world’s top Global Mining…
Canada approves Pan American’s sale of Peru mine to Zijin
Canada has approved Pan American Silver’s (TSX: PAAS; NYSE: PAAS) sale of its La Arena open-pit mine and project in Peru to Jinteng Mining, a subsidiary of China’s Zijin Mining Group. The approval, granted…
St Barbara raising A$110M to fast-track Simberi sulphide production
Australian gold miner St Barbara (ASX: SBM) is raising up to A$110 million at a discounted share price to fast-track the expansion of its Simberi operation in Papua New Guinea…