Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
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McFarlane Lake buys $30M Abitibi site from Aris
McFarlane Lake Mining (CSE: MLM; US-OTC: MLMLF) is acquiring what it considers to be “one of the largest undeveloped gold properties in Ontario” from Aris Mining (TSX: ARIS; NYSE-A: ARMN)…
Dundee gets OK for Ecuador gold project
Dundee Precious Metals (TSX: DPM) has the full go-ahead to proceed with its Loma Larga underground gold project after the government of Ecuador granted the company its environmental licence for…
Luca logs high-grade gold, silver at Campo Morado
Drilling by Luca Mining (TSXV: LUCA; US-OTC: LUCMF) has returned results as high as 15.1 metres grading 5.35 grams gold per tonne, 187.5 grams silver, 0.31% copper, 8.39% zinc and…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
Northern Dynasty in talks to settle EPA litigation
Shares of Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) were still up by about a quarter of their value after announcing a potential settlement on environmental issues to advance its…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
Aya discovers new gold-copper zone at Morocco site
Canadian miner Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) cut a highlight result of 9 metres grading 80 grams silver per tonne at its Boumadine project in Morocco and said it…
South32 sells Cerro Matoso nickel mine
Australian miner South32 (NYSE: SOUHY; ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million (C$136 million). South32 has entered a…
EU to stockpile critical minerals in case of war: FT
The European Commission is preparing to boost emergency stockpiles of critical minerals amid heightened concern over supply chain disruptions caused by geopolitical conflicts, the Financial Times reported. The measure presents…
Spanish Mountain PEA lifts both NPV and capex
Spanish Mountain Gold’s (TSXV: SPA; US-OTC: SPAUF) rescoped preliminary economic assessment (PEA) for its eponymous project in British Columbia’s Cariboo region boosts early cash flows but doubles upfront costs. Based…
Site visit: New Found Gold works to bring the mine to the community
GANDER, N.L. — There are just a handful of producing mines that sit near the Trans-Canada Highway across the country, and New Found Gold’s (TSXV: NFG, NYSE: NFGC) Queensway could be…