Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…
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Bolivian Indigenous group declares local emergency as gold mining co-ops eye protected areas
The Indigenous Peoples of La Paz Central Group (CPILAP) issued a local state of emergency in the Bolivian department of La Paz following an attempt by gold mining cooperatives to…
Chile’s Supreme Court awards $1.4M to 31 of the 33 miners trapped in 2010
Chile’s Supreme Court awarded $1.4 million to 31 of the 33 miners that were trapped for two months, back in 2010, 700 metres below the surface in the San José…
Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…
Newmont teams with Teck on Galore Creek development
NovaGold Resources (TSX: NG; NYSE: NG) said on Jul. 27 it has received a further US$25 million payment from Newmont (TSX: NGT; NYSE: NEM) as part of the major’s acquisition…
Top ten US juniors to mid-tiers, outside of precious metals, coal
Nuclear fuel providers again led the largest United States-based junior and mid-tier mining companies valued from US$250 million to US$2 billion, excluding precious metals and coal producers. The data as…
Founders Metals drills 12 metres of 19.2 g/t gold in Suriname, stock surges
Initial drill results from Founders Metals‘ (TSXV: FDR) Antino project in southeastern Suriname have confirmed the presence of high-grade gold mineralization, sending the junior’s stock up by 8.5% this morning….
Ivanhoe eyes higher copper output from tailings reprocessing
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says reprocessing tailings at its Kamoa-Kakula copper complex in the Democratic Republic of Congo has potential to increase its production of the red metal….
Saudi firm to buy 10% stake in Vale’s energy metals business
Vale (NYSE: VALE) has inked a binding agreement with Manara Minerals, a joint venture between Saudi Arabia’s state-owned miner Ma’aden and the kingdom’s Public Investment Fund. In this deal, Manara…
Alaska petitions US Supreme Court to overturn Pebble mine veto
Alaska has filed a motion with the U.S. Supreme Court to overturn a veto blocking Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) Pebble copper and gold project. According to the…
Explorers on high alert as challenging wildfire season rages
Canada’s most destructive wildfire season is ongoing. While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons. According to the Canadian Interagency…
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources all reported impressive figures, beating…