Gemfields studies 2 grams-a-tonne gold in Mozambique
Africa-focused Gemfields (LSE: GEM; JSE: GML), known by its emeralds and rubies, has produced its first resource estimate for the Nairoto gold project in Mozambique showing high grade from a…
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Maritime’s Hammerdown set for re-start decision
Maritime Resources TSXV: MAE; US-OTC: MRTMF) says it has all major permits to restart the former Hammerdown gold mine in Newfoundland and Labrador. The company has completed clean up at…
B2Gold nets US$90M stake in Versamet after royalty package sale
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Nevada Copper plunges as financing stalls
Nevada Copper (TSX: NCU; US-OTC: NEVDF) “significantly scaled down operations” at its Pumpkin Hollow mine after it failed to secure funding and two board members from its leading investor resigned. …
Atlantic Mining sees Touquoy mine as green energy hub
Atlantic Mining Nova Scotia, a subsidiary of St Barbara (ASX: SBM), has kicked off a program to explore the feasibility of converting the now closed Touquoy gold mine in Moose…
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…
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…