Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. …
2021
SSR Mining sells non-core royalty portfolio to EMX Royalty
SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million. The sum consists…
Construction begins for Nouveau Monde’s Matawinie mine
Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has begun civil construction works for its Matawinie graphite mine in Saint-Michel-des-Saints, Quebec, 120 km north of Montreal. Commercial production is scheduled to…
Anglo American half-year profit best in its 104-year history
The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.
Cameco pares Q2 loss as uranium contract business grows
Canada’s largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term…
First Mining, First Nation strike accord for Cameron gold project
First Mining Gold (TSX: FF; OTC: FFMGF) has entered into an exploration agreement with Animakee Wa Zhing #37 First Nation (AWZ 37) covering the Cameron gold project, 80 km southeast of Kenora,…
Alphamin reports more high-grade tin assays from Mpama South, stock jumps
The company has also commenced mine extension drilling at Mpama North.
Bluejay Mining to sell projects in Finland for $7m
It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by Australian mining billionaire Andrew Forrest’s…
The Northern Miner Podcast – episode 249: Freeport-McMoRan develops ‘next level’ leaching technology using AI and data analytics
This week’s episode features Freeport-McMoRan’s second-quarter conference call with president and chief executive officer Richard Adkerson. The veteran executive discusses high shipping prices, sustainability, copper prices, incremental demand out of…
Barrick Gold signs four exploration deals in Egypt
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said today. The miner, which won…