Centamin propels modern mining rules in Egypt
Centamin (TSX: CEE; LSE: CEY) has helped Egypt develop a new mining law due for passage within weeks as it seeks to expand the Sukari gold mine in the ancient land’s…
Gold
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
Royal Road JV wins bid for Saudi exploration licence
Royal Road Minerals (TSXV: RYR) says its Saudi Arabian joint venture vehicle has won preferred bidder status for the Jabal Sahabiyah exploration licence located in Asir province. The JV, Royal…
Alamos Gold to acquire Quebec-focused junior Orford Mining in all-share deal
Alamos Gold (TSX: AGI; NYSE: AGI) announced on Monday that it will acquire Quebec-focused junior Orford Mining (TSXV: ORM) in an all-share transaction valuing the company at $24 million or…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
American Pacific shares jump on copper results from Palmer VMS project
Shares of American Pacific Mining (CSE: USGD; US-OTC: USGDF) skyrocketed Thursday after the company released the third and final batch of assay results from its 2023 drill program at the…
Hecla’s Lucky Friday silver mine resumes production
Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, after operations were halted last September to repair areas damaged by wildfires in August. …
New Found Gold makes new high-grade discovery dubbed ‘Honeypot’
New Found Gold (TSXV: NFG; NYSE-AM: NFGC) has found a new, high-grade zone at its Queensway gold project 15 km west of Gander, Nfld. The company released results of 16…
Ivanhoe Electric shocks Saudi geology to spot targets
Ivanhoe Electric (TSX: IE; NYSE AM: IE) has zapped the ground with its Typhoon surveying system to find drill targets in Saudi Arabia and is content with its project portfolio,…
Saudi Arabia forum looks to boost Middle East, Africa exploration
Saudi Arabia is attracting global mining companies to its third annual Future Minerals Forum in Riyadh on Wednesday as it invests its vast oil wealth into mining exploration with some…
Calibre posts record gold production ahead of merger with Marathon
Calibre Mining (TSX: CXB; US-OTC: CXBMF) reported record production for 2023 as it plans for further growth from its all-share merger with gold developer Marathon Gold (TSX: MOZ), announced in…
Avino gets community OK to develop La Preciosa silver mine
Canada’s Avino Silver & Gold Mines (TSX: ASM; NYSE; ASM) has signed a long-term land-use agreement with a local community surrounding La Preciosa mine in Durango, western Mexico. La Preciosa…