Newcrest starts trading in Canada
Shares in Newcrest Mining (TSX: NCM; ASX: NCM) were up almost 2% in pre-market trading in Canada, as the miner, Australia’s largest gold producer, began trading on the Toronto Stock…
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OceanaGold lays off 496 employees, 400 contractors at Didipio in the Philippines
OceanaGold (TSX: OGC) has implemented the permanent lay-off of 496 employees at its Didipio gold and copper mine, located across the Nueva Vizcaya and Quirino provinces on the island of…
Sale of Dominion’s Ekati mine hits ‘impasse’
The future of the Ekati diamond mine in Canada’s Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its…
Diamond-gold deposit in Canada mirrors South Africa’s Witwatersrand Goldfields: study
Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada’s Nunavut territory, an association…
BHP strikes heritage deal ahead of annual meeting
BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous…
Lucapa Diamond restarts Mothae mine in Lesotho
Australia’s Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of the coronavirus. The Perth-based company said it plans…
InoBat unveils world’s first ‘intelligent’ EV battery
Slovakia’s InoBat Auto has unveiled what it claims is the world’s first “intelligent” electric vehicle battery, said to beat competitors’ with a higher energy density and an increase in operational…
SQM aims to cut water, brine use by 50%
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, will voluntarily cut its use of fresh water and brine from the Atacama desert to mitigate the overall impact of its operations…
Agnico invests $6.2M in Maple Gold Mines, signs JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing $6.2 million into Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) as the two companies announced they’ve signed an agreement to consolidate…
Sumitomo to sell stake in Sierra Gorda copper mine
Japanese miner and smelter Sumitomo Metal Mining is reviewing its strategic options regarding its minority stake in the Sierra Gorda copper mine in northern Chile, majority owned by Polish miner…
Equinox Gold increases reserves, resources at Mesquite mine
Equinox Gold (TSX: EQX; NYSE: EQX) has announced an increase in reserves and resources at its Mesquite open-pit heap leach gold mine in California, 56 km east of Brawley and…
Lithium demand expected to double by 2024
Global demand for lithium is expected to rise from an estimated 47,300 tonnes in 2020 to 117,400 tonnes in 2024, according to a GlobalData report. Vinneth Bajaj, a senior mining…