Indonesia grants Vale a mine permit extension to 2035
Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension as part of a wider deal that will see state-owned holding, MIND ID, acquire an additional 14%…
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Montage Gold receives environmental OK for Koné build
Africa-focused Montage Gold (TSXV: MAU; US-OTC: MAUTF) says it’s received all environmental approvals for the development of its US$712-million Koné project in Côte d’Ivoire, with its mining permit expected to…
Regis Resources to expand gold production with two new mines
Australian gold miner Regis Resources (ASX: RRL) has greenlit construction of two new underground mines, forecast to deliver between 100,000 oz. and 120,000 oz. of the precious metal per year…
Karelian says there could be more rare green diamonds at Finland asset
Irish explorer Karelian Diamond Resources (AIM: KDR) says its search for precious stones in Finland has taken a significant step forward after finding signs of diamond-bearing kimberlite in the same…
I-80 Gold stock drops on $100M public offering
I-80 Gold (TSX: IAU; NYSE: IAUX) shares fell by over 11% at market open Tuesday after it announced a $100-million equity financing. The units are priced at $1.65 each, comprising…
ASX-listed Stanmore secures full stake in Eagle Downs met coal project
Stanmore Resources (ASX: SMR) is buying the rest of the Eagle Downs metallurgical coal project in Queensland, from Aquila Coal, after making a deal in February with South32 (LSE: S32;…
BHP and Mitsubishi close US$4.1B sale of Queensland coal mines
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) and Mitsubishi Development Pty have completed the sale of the Blackwater and Daunia mines to Whitehaven Coal for US$4.1 billion. The sale, first…
Canada extends exploration tax credit
The federal government is extending its 15% mineral exploration tax credit for investors in flow-through shares for another year. The extension, expected to provide $65 million in support for exploration,…
Vizsla Silver to raise $30M for Panuco exploration, shares down
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) is raising $30 million for exploration at its Panuco silver-gold project, located in southern Sinaloa, Mexico. The company has budgeted over 65,000 metres of…
Zinnwald lithium project in Germany now EU’s 2nd largest
Shares in Germany-focused Zinnwald Lithium (LSE: ZNWD) soared on Wednesday after it posted a 445% increase to resources at its the namesake project in the eastern state of Saxony. The update…
Vizsla Copper expands BC portfolio with Universal Copper takeover
Vizsla Copper (TSXV: VCU; US-OTC: VCUFF) is set to expand its British Columbia-focused exploration portfolio after striking a deal to acquire Universal Copper (TSXV: UNV) and its flagship Poplar project….
Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb
Alaska Energy Metals (TSXV: AEMC; US-OTC: AKEMF) said on Monday that its Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known…