Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…
Zinc and Lead
Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a…
Aston sees future in Arctic copper by dropping local processing in favour of ore sorting
Aston Bay Holdings (TSXV: BAY; US-OTC: ATBHF) and American West Metals (ASX: AW1) are betting on new methods to prove the economics of a copper project farther north in Canada’s…
Canadian Copper grabs majority stake in Murray Brook VMS project in New Brunswick
Canadian Copper (CSE: CCI) is acquiring a 72% stake in the Murray Brook project, located in New Brunswick’s Bathurst mining camp, from Votorantim Metals Canada. In return for the majority…
Arizona Metals probes copper-gold deposit at decades dormant Kay Mine
Arizona Metals (TSX: AMC; US-OTC: AZMCF) says its latest drill results show the potential to expand the old Kay Mine copper-gold deposit in Arizona, which hasn’t been mined in almost…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
Renewable energy capacity to hit record growth in 2023 – IEA
Renewable power capacity will grow by a record number this year as more robust government policies around fossil fuels and energy security concerns drive more clean energy deployment, the International…
GoGold PEA projects 13-year mine life for Los Ricos North
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has released a preliminary economic assessment (PEA) for its Los Ricos North open-pit silver project in Jalisco state, Mexico, that forecasts an initial capital…
Osisko cofounder Wares praises private equity, scolds debt financiers, nips NIMBYism
Osisko Metals (TSX: OM; US-OTC: OMZNF) is part of a rising trend tapping private equity to help build projects, but it’s wary of the growing role of “predatory” debt financing. …
Canadian group led by Lassonde plans to buy Teck’s coal mines
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, jumped on Tuesday on news that a consortium led by mining veteran Pierre Lassonde had proposed to buy…
Fortuna Silver to buy West Africa-focused Chesser Resources for US$60M
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is expanding its footprint in West Africa with the acquisition of Australian gold junior Chesser Resources (ASX: CHZ) for slightly over…
Ivanhoe taps Glencore for US$250M to start world-beating Kipushi early
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says it has signed off-take and financing agreements with Glencore (LSE: GLEN) to restart the world’s highest grade zinc mine at Kipushi in the…