EU strengthens position against deep-sea mining
Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqué that, among other…
News
Evolution Mining drags Aussie gold peers down after downgrade
Shares in Australian gold producer Evolution Mining (US-OTC: CAHPH; ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a…
Video: Douglas Silver on Canada’s importance to the global mining industry
Canada has unique strengths as a mining nation, including a large land base with a “vast diversity” in its mineral endowment, access to the U.S. market, and a long and…
Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks
Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) said on Friday that its Stillwater platinum mine will remain halted for four to six weeks, as the company works on repairing damage…
Construction, first gold gold pour delayed at Premier as Ascot seeks financing
The first gold pour at Ascot Resources’ (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues. On Thursday,…
1911 Gold begins tailings reprocessing at True North complex in Manitoba
1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical…
US allots US$74M to critical minerals mapping
The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as…
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
De Beers latest sale shows stronger US and Chinese demand
De Beers, the world’s top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs…
Hudbay marks end of Flin Flon mining era with closure of 777 operations
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the…
Electra begins preliminary talks on second cobalt refinery
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with…