Gemfields attempts to mitigate virus impact with mini-auctions
Precious gemstones miner Gemfields Group (LSE: GEM; JSE: GML) says it is unable to say when it might be able to host its next auction, or generate meaningful revenue from sales,…
Fast News
Australia to ramp-up production of critical minerals
The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical…
English court blocks lawsuit against BHP over Brazil dam failure
The High Court of Manchester, northwestern England, on Nov. 9, blocked a £5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron…
Troilus buys back royalty from First Quantum
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the…
Caldas Gold posts record intercept at Marmato in Colombia
Caldas Gold (TSXV: CGC; US-OTC: ALLXF) reported high-grade assays from its Marmato asset in Colombia, including a record 5.73 grams gold per tonne and 5.2 grams silver per tonne over…
Kirkland Lake earnings boosted by Detour mine
Kirkland Lake Gold‘s (TSX: Kl; NYSE: KL; ASX: KLA) acquisition of Detour Gold and its Detour Lake mine in Ontario earlier this year now accounts for more than 40% of…
Iamgold cuts guidance after Westwood mine halt
Iamgold (TSX IMG; NYSE: IAG) has again lowered its production targets for the year, after suspending operations at its Westwood underground mine in southwestern Quebec following an earthquake. The Toronto-based…
Energy Fuels produces REE concentrate at White Mesa
Energy Fuels (TSX: EFR; NYSE: UUUU) has produced the first rare earth element (REE) carbonate concentrate on a pilot-scale at its wholly owned White Mesa mill in southeastern Utah, 508 km…
SilverCrest discovers high-grade zone at Las Chispas
SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone at its wholly owned Las Chispas project in Mexico’s Sonora state, 180 km northeast of Hermosillo. Named El…
Mountain Province sees ‘positive momentum’ in battered diamond market
Since resuming regular diamond tenders in September, Mountain Province Diamonds (TSX: MPVD) has seen prices for its goods start to rise. In fact, the diamond junior, which owns a 49%…
Franco-Nevada posts record Q3 revenues, income
With most major mining assets back up and running after coronavirus-related stoppages earlier this year, and amidst strong commodity prices, Franco-Nevada (TSX: FNV; NYSE: FNV) has reported record third-quarter financial…
Angola plans new diamond exchange in 2021
The government of Angola says it has identified key steps that it needs to take before launching its own diamond exchange in Luanda, which is slated to open by the…