Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining – an industry already scrambling…
Gold
Sibanye halts Kloof shaft after two killed
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) said it halted a shaft at its Kloof gold operations in South Africa to probe how two of its employees died during a routine inspection….
Gold price continues to slide as US-Iran deal stalls
Gold dipped on Monday after two straight weekly declines, as a stalled United States-Iran deal continued to reinforce investor concerns over inflation. Spot gold fell as much as 1.8% to…
Pakistan separatists unravel Barrick’s Reko Diq plans
Militant attacks in Pakistan’s Balochistan province are emerging as a central risk to the U.S.-backed resources push anchored by Barrick Mining’s (TSX: ABX; NYSE: B) Reko Diq copper-gold project. The…
Newmont-backed Awalé drills new gold zone at Odienné
Drilling at Awalé Resources’ (TSXV: ARIC; US-OTC: AWLRF) Odienné copper-gold project in northwest Côte d’Ivoire has uncovered a new zone in near-surface gold mineralization at its Fremen target. Highlight hole SSAC-08 cut 17 metres…
G2 drills Oko to 1 km depth amid $3B takeover
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) said fresh drilling at its Oko gold project in Guyana extended mineralization beyond the deposit’s known limits as the company works to complete its sale to…
Ontario to axe early-stage red tape, Lecce says
Ontario is preparing legislation this year to slash red tape on early-stage projects as it shifts its minerals strategy towards defence metals and backs Toronto’s bid to host a Nato bank, Energy and Mining Minister…
Lion One Metals sinks on cancelled $15M financing
Lion One Metals (TSXV: LIO) plunged more than 30% after a proposed financing from Australian investment firm Arete Capital Advisors collapsed and the company announced yet another CEO change. North…
Torex sees potential to extend life of Mexico gold mine
Canadian miner Torex Gold Resources (TSX: TXG) said new drilling on its main Morelos property in Mexico identified additional high-grade structures that could support further mine life growth. Hole MLLI-042…
Datavault AI launches $150M gold tokenization program
Data monetization company Datavault AI (Nasdaq: DVLT) is launching a $150 million gold tokenization program as part of a multi-component transaction with North American-based mining investment firm King Mining Capital….
TMC shares soar as NOAA backs seabed mining plan
Shares in The Metal Company (NASDAQ: TMV) jumped on Friday after a United States Regulator ruled the company’s deep-seabed mining application fully compliant. The decision by the National Oceanic and…
Meridian raises $34M in London market debut
Fresh capital strengthen Meridian’s push to turn its Cabacal project in Brazil into a cornerstone copper-gold asset.