Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
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Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. The problem is the market has trouble spotting the gems with high-quality assets, which often end…
Centamin boosts Doropo gold project economics in Côte d’Ivoire
Centamin (TSX:CEE; LSE:CEY) says its definitive feasibility study (DFS) improves the Doropo gold project in Côte d’Ivoire by reducing community impacts while returning capital to investors in about two years….
Resouro touts first rare earths resource at global-scale Tiros project in Brazil
Resouro Strategic Metals (TSX-V: RSM; ASX: RAU), one of the newest companies to tap into the Brazilian rare earths market, has published a maiden resource of close to 2 billion…
Microsoft invests in Ontario-based rare earths recycling company
Cyclic Materials has received an equity investment from Microsoft’s Climate Innovation Fund, which is dedicated to accelerating technology development and deployment of new climate innovations. This investment is representative of…
In shadow of Victoria Gold accident, workers claim lax safety culture at site
Update: Comments from the Workers’ Safety and Compensation Board were added on July 26. A landslide that’s stopped production at Victoria Gold’s (TSXV: VGCX) Eagle mine in the Yukon may…
Boyd, Roosen, Quartermain: It takes grit, invention, luck to make the big time
Perseverance, a focus on geology and financial discipline and some good breaks are what’s needed to make a mining titan, some of the industry’s leaders told a conference put on…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Heliostar gains on Mexican mines buy
Heliostar Metals (TSXV: HSTR; US-OTC: HSTXF) is again buying assets from the former Argonaut Gold to expand in Mexico. Its shares rose. Vancouver-based Heliostar is negotiating with lenders for a…
Arizona Sonoran expands Cactus copper resource
Arizona Sonoran (TSX: ASCU; US-OTC: ASCUF) increased its measured and indicated resource tonnage for the Cactus copper project in Arizona by more than a quarter after a seven-month drilling program. …
Video: Seabridge Gold seeks BC OK to keep KSM permits
Seabridge Gold expects to receive the “substantial start’ designation under British Columbia laws for permits allowing KSM, the world’s largest undeveloped gold project, CEO Rudi Fronk said in an interview….
Fortescue cuts 700 jobs, slows down green hydrogen plans
Fortescue (ASX: FMG) plans to cut about 700 jobs, or 4.5% of its global workforce, as part of a new restructuring push that will see the Australian iron ore miner scale…