Romania grants mining rights to US-backed Verde Magnesium
Verde Magnesium plans to invest US$1 billion in Romania as the country’s government has granted it the go-ahead to bring back to life a disused mine, shut down in 2014….
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Cornish Metals on track to deliver South Crofty PEA this quarter as tin prices rise
Cornish Metals (AIM: CUSN; TSXV: CUSN) said on Tuesday that it’s on track to deliver a preliminary economic assessment for its flagship South Crofty tin project this quarter, as tin…
Hummingbird nears production at Guinea gold mine
Shares in Hummingbird Resources (AIM: HUM) rose on Tuesday after the Africa-focused miner said its talks with the main contractor at its Kouroussa gold mine in Guinea are progressing, adding…
Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than US$210 million higher than its capital costs. The Bankan…
Aurous Resources eyes fivefold gold production increase, NASDAQ listing
Privately held South African gold producer Aurous Resources is pursuing a NASDAQ listing to fund a fivefold expansion of its operations on the storied Witwatersrand gold field of South Africa,…
Critical Elements reveals Rose West discovery, as Rose project timeline slips
A winter drilling campaign at Critical Elements Lithium‘s (TSXV: CRE; US-OTC: CRECF) Rose lithium-tantalum project in Quebec has confirmed a discovery called Rose West. The 2024 winter drill campaign at…
Russian mercenary Wagner theatens to control Barrick’s Loulo-Gounkoto gold mine in Mali, reports say
According to The Globe and Mail, there are reports suggesting that the regime may be aiming to expropriate the mining complex.
Video: Resource Capital Funds partner on how juniors can survive the capital crunch
Private equity brings countercyclical investment strategies that can be a lifeline for junior explorers and miners in a down market, Resource Capital Funds partner and head of credit David Halkyard…
Horizonte Minerals fails to secure cash for nickel mine, shares plunge
The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.
TNM Drill Down: Quartz Mountain cuts best gold assay, at Maestro project in BC
Our TNM Drill Down features highlights of the best gold assays of the April 5 – 12 period. Drill holes are ranked by gold grade x width as identified by…
Vale operations in Brazil now 100% renewable energy-powered
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years earlier than the scheduled target of…
OceanaGold gets initial approval for Philippine unit’s IPO
OceanaGold (TSX: OGC; US-OTC: OCANF) said on Monday that it has obtained preliminary regulatory approval for an initial public offering (IPO) of its Philippines-based subsidiary, through which it holds the…