Teck halts Chile copper mine for one month
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The…
Stock Markets/Investing
Mali court postpones ruling on Barrick mine
A Malian court has, for the third time, postponed a hearing on whether to place Barrick’s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex under provisional administration, Reuters reported on Monday. The…
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…
AngloGold sells Brazil mine to Aura for $76M
AngloGold Ashanti (NYSE: AU; JSE: ANG) is selling its stake in Mineração Serra Grande (MSG) gold mine in central Brazil to Latin America-focused Aura Minerals (TSX: ORA) for $76 million….
Lynas secures rare earth feed in Malaysia
Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY), backed by Australian mining magnate Gina Rinehart, has secured additional feedstock for its advanced materials plant in Malaysia, the company says. The miner…
Paladin faces second lawsuit over uranium forecast
Australia’s Paladin Energy (ASX: PDN) is facing the prospect of a second class action lawsuit tied to its production guidance. The new legal action, if initiated, would unfold in the…
Platinum seems near price surge: Sprott
Platinum may be on the cusp of a sustained price rise amid forecasts for reduced inventories and a third straight year of supply scarcity, Sprott Asset Management says in a…
EnCore expands Texas uranium licence
EnCore Energy (Nasdaq: EU, TSXV: EU), America’s only uranium producer, says it’s received Texas approval for the construction of well fields and a satellite ion exchange plant on its Upper…
‘One project, one review:’ BC’s Minister Brar fast-tracks mine permits, IP protection
Six months into the job, British Columbia’s Critical Minerals Minister Jagrup Brar says major mine permitting timelines have narrowed by over a third, as new mining rules are set to…
Fortuna buys 15% of Awalé Resources
Awalé Resources (TSXV: ARIC) has been given a $8.26 million (US$6 million) investment boost from Fortuna Mining (TSX: FVI; NYSE: FSM) to support its exploration activities in Côte d’Ivoire, sending…
Frontier feasibility lifts PAK lithium reserves by 37%
Frontier Lithium (TSXV: FL; US-OTC: LITOF) said a definitive feasibility study for the $943-million capex PAK project in northern Ontario boosted reserves by 37%. The study, which calculates a net present…
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.