First Quantum said to be in talks with Jiangxi over Zambian mines
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in talks to sell a stake…
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Endeavour fires CEO over US$5.9M payment
Endeavour Mining (TSX: EDV; LSE: EDV) fired CEO Sebastien de Montessus with immediate effect on Thursday. The board accused de Montessus of “serious misconduct” regarding the disposal of an asset…
Core Lithium halts mining on ‘tough’ market conditions
Australia’s Core Lithium (ASX: CXO) has halted production at its Finniss operations and flagged a significant write-down on the value of its assets as the effect of the battery metal’s…
Canada slams US antidumping duty on tin mill products, citing trade concerns
The United States Department of Commerce Friday announced measures to curb dumping of tin mill products from several countries including Canada in a move Ottawa criticized as “disappointing” and a…
NuLegacy Gold halts Red Hill exploration due to lack of results, cash
NuLegacy Gold (TSXV: NUG) saw its shares drop Friday in Toronto after announcing that it’s suspending exploration at its Red Hill property in Nevada, citing a lack of meaningful results…
Laurion scores high-grade gold at Ishkoday in Ontario
Laurion Mineral Exploration (TSXV: LME; US-OTC: LMEFF) says its fall drilling program has returned bonanza grades from the Ishkoday project that sits near a historic mine dating from before World…
China’s CMOC attains cobalt output crown
Rising output from a new African mine helped China’s CMOC Group become the world’s largest cobalt producer over Glencore (LSE: GLEN). CMOC produced 55,526 tonnes of cobalt last year in…
Omnia Metals expands footprint in Canada with Dixie buy
Australia’s Omnia Metals Group (ASX: OM1) is expanding its exploration footprint in Canada with the acquisition of local junior Dixie Gold (TSXV: DG). The deal hands the A$3.8-million market cap…
Cordoba rises on US$40M for copper project due to become Colombia’s largest
Shares in Cordoba Minerals (TSXV: CDB; US-OTC: CDB) gained on Thursday after it received a second tranche of US$40 million from China-based partner JCHX Mining Management to advance its Alacran…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
PEA gives Wealth Minerals’ Kuska lithium project 400,000-tonne output over 20 years
Wealth Minerals‘ (TSXV: WML; US-OTC: WMLLF) new preliminary economic assessment (PEA) for its Kuska lithium salar project in northern Chile outlines output of 20,000 tonnes per year over 20 years. …
Atico shares rise on 25-year extension of La Plata project in Ecuador
Shares of Atico Mining (TSXV: ATY; US-OTC: ATCMF) surged by 13% on Thursday after the company obtained a 25-year extension of the mining concession from the Ecuador government at its…