Sudan to reopen gold mines once linked to warlord’s family
The North Darfur mines were handed over to the government in May 2020.
News
Fortescue fast-tracks zero emissions target to 2030
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its…
PDAC: Embracing ESG can offer greater access to lower-cost capital, says Sprott’s Daniella Dimitrov
Mineral exploration and mining companies that incorporate environmental, social, and governance (ESG) principles as “true value drivers” as part of their corporate culture will outperform and have greater access to more…
First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Historic Phoenix mine target of Golden Dawn’s airborne survey
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden…
Europe lagging behind in battery metals production – report
According to Aperio Intelligence, Europe’s own supply is unlikely to meet the demand driven by the e-mobility sector by 2025.
Cumbria coal mine on hold after UK Gov’t calls for public inquiry
A public inquiry will be held into plans for the UK’s first deep coal mine in 30 years after government U-turn.
PDAC: Think big, exploration opportunity is huge, says BHP’s Laura Tyler
“From where I sit, the opportunity in front of us is huge,” BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) chief technical officer Laura Tyler told the PDAC’s virtual convention. “I…
Franco-Nevada posts ‘record’ results, grows royalty portfolio
The company has also announced that it has adopted a goal of at least 40% of diverse representation at the board and senior management levels. Last year, Franco-Nevada sold 521,564…
NexGen closes $150M bought deal for Rook I uranium
NexGen Energy (TSX: NXE; NYSE: NXE) has closed its previously announced $150-million bought deal financing. The company issued 33.4 million common shares at a price of $4.50 per share. The…
PDAC: Enormous opportunities to go green in Canada, says minister of industry
Canada is uniquely positioned to become a “global leader in electric vehicle manufacturing,” says Francois-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, in a fireside chat with Invest in…
Feds announce $7.1M for new wind turbines at Raglan mine
As part of its climate efforts, the federal government is providing $7.1 million to Tugliq Energy to help fund the installation of two more wind turbines at Glencore‘s remote Raglan…