Diamond exploration hits a new low — even as rough prices soar
There are few things that are more alluring and exciting than a diamond — but one of them is a significant new diamond discovery. Now those are truly rare. In…
News
Seabridge PEA outlines standalone underground mine opportunity at KSM with US$5.8B after-tax NPV
Seabridge Gold (TSX: SEA; NYSE: SA) has announced results of a preliminary economic assessment (PEA) for a potential copper-rich underground mine at its 100% owned KSM project located in northern…
Baffinland to terminate 1,100 workers at Mary River iron ore mine
Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Nunavut, as the company’s request to increase production to 6 million tonnes…
One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin
About 700 tonnes of gold-bearing material valued at about $191,357 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday in South Africa’s West Rand,…
Benz Mining drills high-grade lithium at Ruby Hill West
Benz Mining (TSXV: BZ; ASX: BNZ) has received assays for the six holes drilled in April 2022 as part of its initial lithium exploration at the Ruby Hill West discovery…
The Northern Miner Podcast – episode 302: Technology and robotics play growing role in mining employment, ft Lincoln Strategic’s Erik Buckland
This week’s episode features Lincoln Strategic Senior Client Director, Global Mining Recruitment, Erik Buckland, who gives an update on the mining labour market and how technology and robotics are being…
Royal Gold ups royalty on Cortez gold complex in Nevada in US$525M deal
Royal Gold (NASDAQ: RGLD; LSE: 0KXS) announced on Tuesday a US$525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and Fourmile project in Nevada from…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to…
New Found Gold connects Keats and 515 zones at Queensway project in Newfoundland
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly prospective segment of the Appleton…
Gold Fields slowly turning Yamana deal doubters into allies
Gold Field’s (NYSE: GFI; JSE: GFI) intended acquisition of Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its…
S&P/TSX Venture Composite Index ends July 25-29 week stronger
The S&P/TSX Venture Composite Index gained 38.07 points or 6.26% over the July 25-29 trading session to end the week at 646.04. Battery metals companies were the top gainers in…