Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…
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Strong demand to boost aluminum price, despite surplus this year: Fitch
Aluminum prices are expected to stay elevated this year owing to a tightening market balance on the back of strong growth in global demand outpacing supply, says BMI, a unit…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council. The report, authored by former…
Forrest’s Wyloo Metals casts doubt over future of Aussie rare earths hopeful
A dispute is brewing between junior rare earth developer Hastings Technology Metals (ASX: HAS) and its funding partner, Andrew Forrest’s private investment vehicle Wyloo Metals. Hastings said it received a…
US Gold clears final hurdle for CK mine permit Wyoming, prefeasibility work underway
U.S. Gold Corp. (NASDAQ: USAU) cleared a major hurdle in the development of its CK gold project on Monday after securing approval from the Wyoming Department of Environmental Quality for…
US House of Representatives approves bipartisan Critical Mineral Consistency Act
Bill to will ensure parity between USGS critical minerals and DOE materials lists to strengthen the domestic supply chain and include copper, electrical steel and silicon.
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
Peninsula Energy shares plunge after it slashes uranium production forecast
Peninsula also announced that CEO Wayne Heili will step down next year.
Union files complaint against Orla Mining, alleging violation of worker rights in Mexico
The United Steelworkers union (USW) has filed a complaint against Orla Mining (TSX: ORLA NYSE: ORLA) over alleged violations of workers’ rights at the Camino Rojo gold and silver mine…
B2Gold hits bonanza gold at Goose; eyes extended mine life in Nunavut
Drill results from B2Gold’s (TSX: BTO; NYSE: BTG) Goose project in Nunavut, which is under construction and expected to yield first gold next year, may point to a longer mine…
Brazilian court clears BHP, Vale, and Samarco of charges in 2015 dam disaster
A court in Belo Horizonte ruled that state prosecutors failed to prove that “individual actions” directly contributed to the collapse of the dam.
Critical Metals to post updated feasibility for Wolfsberg lithium project in Q1
Critical Metals Corp. (NASDAQ: CRML) said on Thursday it expects to deliver a new definitive feasibility study for its Wolfsberg lithium asset — Europe’s first fully permitted spodumene project —…