Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
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Lion One’s Tuvatu starts full-scale mining as drills hit bonanza Fiji gold
South Pacific-focused Lion One Metals (TSXV: LIO) has kicked off production at the Tuvatu gold project in western Fiji. It also reported a bonanza drill intercept in Zone 5, where…
Underground protest ends at Sibanye in South Africa
An underground sit-in at Sibanye-Stillwater‘s (JSE: SSW; NYSE: SBSW) Kroondal platinum operations in South Africa in its Kwezi shaft has ended, the company said, with all employees leaving the mine safely…
BHP opts for mediation to avert strike at Spence mine
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has requested the Chilean government to mediate talks with union leaders at its Spence copper mine to avert a strike. The call for…
Calibre expects Q2 output drop after pit wall slide, maintains full-year guidance
Calibre Mining‘s (TSX: CXB; OTCQX: CXBMF) shares closed unchanged on Wednesday after falling 4% the day before when it said second-quarter gold production will decline following a partial wall collapse…
Palladium not written off the road yet, miners say
The price of palladium may gain in the short term if constraints on recycling tighten and car buyers remain wary of electric vehicles (EVs) because of high interest rates, the…
Nevada King Gold drill testing scores high grades
Drilling at Nevada King Gold’s (TSXV: NKG; US-OTC: NKGFF) Atlanta project in the company’s namesake state has returned strong gold and silver results from three holes in the second stage…
Podcast: ‘Like oil and gas in 1950’—William Sheriff on the recent history of the uranium market
This week’s episode features enCore Energy founder and executive chair William Sheriff in conversation with host Adrian Pocobelli on the uranium market. Sheriff describes how the uranium industry has changed…
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Warren Buffett’s Berkshire partners with Occidental to extract lithium
The two companies formed a JV to produce high-purity lithium compounds from geothermal brine.
Bronze bust honours barber who struck gold
In what might be a parting gift, Newmont (TSX: NGT; NYSE: NEM) has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine…
Video: Agnico’s Hope Bay project plants another flag in Canada’s Arctic, Boyd says
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is advancing the former Hope Bay gold mine project in Nunavut as a nation-building measure in Canada’s far north by using the company’s 67 years…