Miners navigate high risks, ransoms in West Africa
Mali’s military government is trying to arrest the CEO of the world’s second-largest gold company while the junta in Niger has tightened its stranglehold on a French state-owned uranium mine….
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Sierra Metals shares jump on takeover offer from Peruvian firm
Alpayana SAC, a private Peruvian mining company, said Friday it would bypass Sierra Metals‘ (TSX: SMT) board and make a direct, all-cash offer of 85¢ per share to shareholders. The…
Zimbabwe looks to hike free carry stakes in 2025
Zimbabwe is joining the club of African states looking for a higher ownership stake in mines and mining projects. It plans to take a 26% free carry interest in new…
Hummingbird Resources sold to Nioko Resources in £13.8M cash deal
Nioko Resources, a subsidiary of creditor CIG, on Monday agreed to buy Hummingbird Resources (AIM: HUM) in an all-cash deal worth about £13.8 million. Nioko, which owns 41.81% of debtor…
Canadian Critical Minerals confirms 10.4% in XXIX Metal Corp.
Canadian Critical Minerals (TSXV: CCMI; US-OTC: RIINF) now has a 10.4% stake in XXIX Metal Corp. (TSXV: XXIX), which controls two of the largest copper projects in Eastern Canada, CCMI confirmed…
Norge Mining buys Europe’s largest natural graphite producer
Skaland mine is the world’s highest-grade, operating flake graphite mine and the fourth-largest graphite mine outside China.
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…
London Symposium Video: Quebec mining investment on the rise thanks to government support, panel hears
Quebec attracts substantial mining investment thanks to strong government support, a well-developed critical minerals strategy and innovative technologies, an industry panel heard this month in London. That enables companies like…
Court approves $105M borrowing to fund Yukon Eagle mine cleanup
A court has raised PricewaterhouseCoopers’ (PwC) borrowing limit to $105 million to fund the cleanup of Victoria Gold’s Eagle mine in Yukon as costs are said to range from $100…
Unrest pushes Syrah Resources to declare ‘force majeure’ at Mozambique graphite mine
Allegations of fraud in Mozambique’s general elections in early October have ignited protests and paralyzed mining operations across the country, including Syrah Resources’ (ASX: SYR) Balama graphite operation in the…
Canada Nickel secures $20M investment from Taykwa Tagamou Nation
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has received a $20 million investment from Taykwa Tagamou Nation, a Cree First Nation in northern Ontario. This is believed to be the first…
Bunker Hill delays restart of historic silver mine in Idaho after costs swell
The proposed restart of the iconic Bunker Hill silver-lead-zinc mine in Idaho has been delayed until at least the second quarter of 2025 after its developer, Bunker Hill Mining (TSXV:…