Namib eyes $400M to restart Zim gold mines
Namib Minerals (Nasdaq: NAMM) is looking to invest as much as $400 million to bring two of its mothballed gold mines in southern Zimbabwe back to production, according to media…
Financing
Private miners overlook disclosure: legal experts
Many private Canadian mining companies may be unaware that they are subject to the same technical disclosure rules as public issuers and that they could face compliance risks under a…
MP Materials lands $400M Pentagon deal
MP Materials (NYSE: MP) has entered a major public-private partnership with the U.S. Department of Defense (DoD) to build a domestic supply chain for rare earth magnets, reducing America’s reliance…
Osisko opens door to enlarging Gaspé copper deposit
Osisko Metals (TSX: OM) hinted it may enlarge the deposit at its flagship Gaspé polymetallic project in Quebec after reporting drill results as high as 108 metres grading 0.84% copper…
Taseko more than doubles Yellowhead copper project value in BC
Taseko Mines (TSX: TKO; NYSE-A: TGB; LSE: TKO) has released an updated technical report for the Yellowhead project in British Columbia that confirms its potential to become a tier one…
Implats to shut Ontario mine
Impala Platinum (JSE: IMP; US-OTC: IMPUY), widely known as Implats, is shutting its mine in northern Ontario next May because of low palladium prices, a company spokesperson confirmed. The closure…
Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Arizona Metals plunges as Kay resource disappoints
Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a…
BHP builds $10.6B Jansen mine for potash footprint
The biggest private investment in Saskatchewan history is nearing the finish line. BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the…