Steppe Gold secures US$65M to fast-track ATO Phase 2 build
Steppe Gold (TSX: STGO; US-OTC: STPGF) has secured an investment of US$65 million in debt to fast-track its Phase 2 construction of the Altan Tsagaan Ovoo (ATO) gold and silver…
2021
Pan American Silver cuts guidance on labour shortages, higher costs
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has lowered its silver and gold production targets for the second time this year as costs related to ventilation upgrades at its La…
For developing nations, coal transition requires more than just money
Canada’s efforts to help developing nations transition away from coal won’t pay off unless the countries create policies that encourage its industries to make that shift, researchers said. At the…
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
Greenland bans uranium mining, blocking vast rare earths project
Greenland’s parliament has passed a bill to ban uranium mining and exploration in the Danish territory, effectively blocking the development of the vast Kvanefjeld rare earths project, one of the…
The Northern Miner Podcast – episode 264: Cameco CEO Tim Gitzel ‘extremely frustrated’ with Canada Revenue Agency, demands return of $777M
This week’s episode features Cameco’s Q3 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as the “best conditions ever.” He also discusses how nuclear…
UEC acquires Rosatom’s Uranium One assets, creating largest uranium miner in US
There are seven projects in the U1A portfolio, three of which are fully permitted.
i-80 Gold hails “substantial” economic opportunity at Granite Creek
U.S.-focused i-80 Gold (TSX: IAU; US-OTC: IAUCF) says the results of a preliminary economic assessment (PEA) for its Granite Creek asset in Nevada confirm the project offers “substantial economic opportunity.” The…
Asante Gold to start producing at Bibiani in 2022
Asante Gold (TSXV: ASE), a pure gold exploration and development company, has updated its timeline to restart its newly added, past-producing Bibiani gold mine in Ghana. The Vancouver-based company, which…
Newcrest Mining to acquire Pretium Resources in $3.5 billion deal
Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) has entered into an agreement to acquire all of the outstanding common shares of Canada’s Pretium Resources (TSX: PVG, NYSE: PVG) it does…
HudBay expands drill program at Copper World in Arizona
Drilling at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Copper World project in Arizona this year has identified three new deposits bringing the total number to seven, with a combined strike…
Largo Resources rebrands into a vanadium energy storage play
Vanadium miner Largo Resources (TSX: LGO; Nasdaq: LGO) is rebranding to Largo Inc. to reflect its focus from being seen only as a primary vanadium miner to a fully integrated…