Timeline: The Oyu Tolgoi saga
From discovery to blockade: the twists, deals and disputes behind Mongolia’s Oyu Tolgoi copper-gold mine.
News
Newcore Gold tanks as Enchi prefeasibility disappoints
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) fell to its lowest level in 17 months after a prefeasibility study (PFS) for its Enchi project in Ghana delivered underwhelming economics despite underlying…
Newmont’s Red Chris underground expansion gets regulatory green light in BC
Newmont’s (NYSE: NEM, TSE: NGT) Red Chris mine in British Columbia has received crucial regulatory approvals, paving the way for a transition from open-pit mining to an underground operation and…
US sanctions shut Canada’s largest cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
Aclara Resources gets environmental OK for Chile rare earths project
The receipt of the final environmental approval for Aclara Resources’ (TSX: ARA) Penco Module rare earths project in Chile shows the need for governments to make the most of the…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Endurance Gold hits high-grade step-outs at Reliance
Endurance Gold (TSXV: EDG; US-OTC: ENDGF) assayed high-grade gold outside the current resource at Reliance in southern British Columbia, strengthening the junior’s bid to grow one of the Bridge River…
Site visit: Blue Lagoon uses Dome cash to chase 1Moz
SMITHERS, B.C. – At Blue Lagoon Resources’ (CSE: BLLG; US-OTC: BLAGF) Dome Mountain mine, the morning meeting starts with safety and discussions about connection with the Yintah, or land. The…
Alamos logs multiple high-grade hits at Island Gold
New drilling at Alamos Gold’s (TSX, NYSE: AGI) Island underground mine in northern Ontario has identified multiple high-grade areas across the property. Hole MX26-031 in the Island West Extension Zone…
Hyundai backs ioneer’s Nevada lithium-boron project
Shares in Australian lithium developer ioneer (ASX: INR) gained this week after securing support from two South Korean engineering and infrastructure groups for its Rhyolite Ridge project in Nevada, a…
Li-FT bets $12M to turn diamond mine into lithium hub
Li-FT Power (TSX-V: LIFT) has secured an exclusive option to acquire Québec’s Renard diamond mine and processing complex, a move that could significantly reduce development costs and accelerate production plans…