Niger nixes GoviEx Uranium mining licence
Niger’s government revoked GoviEx Uranium‘s (TSXV: GXU; US-OTC: GVXXF) mining licence after it failed to start the Madaouela mine, one of the world’s largest projects for the nuclear fuel, by…
News
BHP cuts employee incentives by 20% globally – report
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to all employees, the Australian Financial…
Brazil’s Lula to ‘demand’ Vale pay for mining disasters
The Brazilian President is expected to meet with Vale executives next week.
Orla files for arbitration against Panama and First Quantum could be next
Vancouver-based Orla Mining (TSX: OLA; NYSE: ORLA) has filed for international arbitration against Panama over the cancellation of permits for its Cerro Quema gold project. The company is seeking damages…
Kinross invests in Wyoming-focused gold junior
Kinross Gold (TSX: K; NYSE: KGC) has acquired 9.9% of Wyoming-focused explorer Relevant Gold (TSXV: RGC; US-OTC: RGCCF) which is advancing the Golden Buffalo project. The major spent $1.5 million…
Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent acquisitions. Banks including Australia and…
Site visit: Can Western Copper and Gold rise to its green challenges?
Near Carmacks, Yukon — Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) Casino project sits at the potential junction of a trans-Canadian green power conduit while promising metals needed for the…
First Quantum shares gain after Panama orders copper mine audit
Shares in First Quantum Minerals (TSX: FM) rose 6.7% on Wednesday after Panama’s new president José Raúl Mulino said this week he would order an environmental study of the Cobre Panama…
Rio Tinto puts $16.9M into graphite developer Sovereign
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing A$18.5 million ($16.9m) to increase its stake in Australia’s Sovereign Metals (ASX: SVM; LSE: SVML), which is advancing the Kasiya rutile-graphite…
Wesdome Gold drilling may extend Eagle mine in Ontario
Wesdome Gold Mines (TSX: WDO)says drill results expanded three underground zones at its Eagle River mine in northern Ontario as it considers extending its production life. In the Six Central zone,…
Gem Diamonds unearths 123-carat stone in Lesotho
Gem Diamonds (LSE: GEMD) has announced the recovery of a 123.2-carat type II white diamond at its Letšeng mine in Lesotho. This is the eighth stone greater than 100…
Antofagasta updates on US$4.4B Centinela expansion
Chilean miner Antofagasta (LSE: ANTO) has started installing a second concentrator in a Centinela copper mine expansion aiming to increase the company’s total production of the wiring and plumbing metal…