Interview: Barrick CEO talks slimming gold portfolio
When Barrick Gold took over Randgold in 2019, its marketing dropped Gold from the name to reflect wider interests like copper and appeal to new investors. But it didn’t bother…
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Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
Infographic: Gold and silver producers vs reserves
The ranks of the world’s top precious metal producing countries are subject to change over time, one factor being economically mineable reserves. South Africa, for example, was the world’s top…
XXIX refocuses Opemiska copper resource in Quebec
XXIX Metal (TSXV: XXIX; US-OTC: QCCUF) downgraded its Opemiska project resource in northern Quebec and said the deposit covers less ground than previously thought. The indicated pit-constrained resource is 62.7…
Eramet extends fall on Gabon manganese export ban
Shares of French miner Eramet fell for a second day after Gabon said it would prohibit the export of manganese ore starting in 2029 in a bid to create a homegrown processing…
First Quantum faces $20M monthly bill in Panama
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care and maintenance plan. Roderick Gutiérrez,…
Mount Etna erupts, unleashing fire—and possibly hidden minerals
Mount Etna, Europe’s tallest and most active volcano, erupted this week in a spectacular display, sending plumes of ash and gas high into the Sicilian sky and captivating onlookers with…
SolGold to quit Toronto exchange, eyes ASX
Ecuador-focused SolGold (LSE, TSX: SOLG) has applied to voluntarily delist its ordinary shares from the Toronto Stock Exchange on June 18 because the amount of trading doesn’t warrant the cost….
Ivanhoe jumps on plan to restart DRC copper mine
Ivanhoe Mines’ (TSX: IVNl US-OTC: IVPAF) plans to dewater the Kakula copper mine in the Democratic Republic of Congo could restore operations as early as this month. Its shares rebounded….
Teck halts Chile copper mine for one month
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The…
Mali court postpones ruling on Barrick mine
A Malian court has, for the third time, postponed a hearing on whether to place Barrick’s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex under provisional administration, Reuters reported on Monday. The…
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…