SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor deal
The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.
News
Wheaton strikes US$175M streaming deal for Ethiopia’s first commercial gold mine
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) has reached a streaming deal with Allied Gold (TSX: AAUC) for the Kurmuk gold project in western Ethiopia. Under the agreement, the Canadian…
Energy Fuels MOU with Madagascar unlocks path for US$2B Toliara project
Energy Fuels (TSX: EFR; NYSE: UUUU) has an initial agreement with Madagascar clearing the way for a final investment decision on its US$2-billion Toliara critical minerals project by early 2026. …
Canada Nickel hits high grades at Bannockburn site south of main Crawford project
Canada Nickel (TSXV: CNC: US-OTC: CNIKF) has drilled high grades of the critical metal at the company’s Bannockburn property, about 65 km south of Timmins, Ont. Highlight hole BAN24-20 cut…
Mali targets Barrick CEO for arrest as tax row escalates
Tensions between Mali and foreign miners ratcheted higher Thursday with the military backed government issuing an arrest warrant for Mark Bristow, the CEO of Barrick Gold (TSX: ABX; NYSE: GOLD)….
London Symposium: How new tech and sustainability can transform mining
Green technologies and sustainability-focused project strategies are helping the industry address risks earlier and build longer-lasting community ties, a London industry event heard this week. Better technologies, integrating artisanal miners…
Niger seizes Orano’s Somair uranium operation as juntas across Africa pressure Western miners
France-based uranium miner Orano has lost operational control of its Somair mine in Niger in the latest move against Western miners in West Africa’s volatile Sahel region. In neighbouring Mali,…
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
Iamgold (TSX: IMG; NYSE: IAG) shares fell Thursday after it cut 202,300 oz., or 17%, off the December 2023 Westwood Complex reserve estimate in Quebec. The downgrade follows new classification…
Panamanians split over reopening First Quantum’s mine
A recent nationwide survey in Panama has shed light on what locals think about the potential reopening of First Quantum Minerals’ (TSX: FM) US$6.5 billion Cobre Panamá copper mine, which…
Paladin restarts Langer Heinrich plant after shutdown
Australia’s Paladin Energy (ASX: PDN) has resumed operations at its Langer Heinrich uranium mine (LHM) in Namibia, following a planned shutdown of the mine plant in November to implement operational upgrades. Among the…
China has ‘weaponized’ global critical mineral supply chain, US miners group says
China’s ban on U.S.-bound critical mineral exports is “mineral extortion,” Washington D.C.-based National Mining Association (NMA) president Rich Nolan said on Wednesday. The export ban announced a day earlier targets…
Omai reports wide gold zones at WeNot in Guyana
Omai Gold Mines’ (TSXV: OMG) shares jumped 14.3% on Wednesday after the junior reported high-grade drill results from its WeNot deposit in Guyana. Highlights from WeNot, one of two deposits…