Bolivia looks to mineral wealth as gas era fades
Once hailed for its growth, Bolivia is facing an economic reckoning. The huge gas reserves on which the country has prospered for the last two decades are dwindling. Years of…
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NGEx Minerals more than doubles private placement to $85M
Due to strong demand, NGEx Minerals (TSXV: NGEX) has opted to more than double its private placement financing from $40 million to $85 million, issuing approximately 13 million common shares…
Excellon Resources’ shares drop after failed bid to acquire La Negra silver mine
Excellon Resources’ (TSX: EXN; NYSE: EXN) shares plummeted following the news that its $50-million planned acquisition of the past-producing La Negra silver mine in Mexico, announced in January, has fallen…
Austral Gold begins commissioning of Chilean heap reprocessing project
Austral Gold (TSXV: AGLD; ASX: AGD) has started commissioning its heap reprocessing project at the Guanaco-Amancaya mine complex in Antofagasta, Chile, with production is expected later this month. For the…
Orea shares surge on revised deal for Nordgold’s stake in French Guiana project
Orea Mining (TSX: OREA; OTC: OREAF) has signed a revised agreement to acquire Nordgold’s 55.01% interest in the Montagne d’Or gold project in French Guiana, the company said on Thursday. …
Probe Gold sees resource rise 28% in update for Val-d’Or properties
Resources at Probe Gold‘s (TSX: PRB; OTC: PROBF) Val-d’Or project properties have increased by 28% over the 2021 estimate, according to an update released on Wednesday. Total pit-constrained and underground…
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…
Antofagasta’s Arriagada, Collahuasi boss among top picks for Codelco’s CEO job
Chile’s state-owned miner Codelco, the world’s top copper producer, is said to have narrowed down the list for the company’s potential new chief executive to about five candidates, including Antofagasta’s…
MinRes backs out of Chinese investment deal with Albemarle
Australia’s Mineral Resources (ASX: MIN) has pulled the plug on a billion-dollar deal that would have seen it acquire a stake in downstream assets in China owned by lithium giant…
What happened to graphite’s ‘lithium moment’?
Graphite has failed to deliver on its lithium moment that some analysts (myself, included) believed would materialize in 2023. When I say, ‘lithium moment,’ I mean a repeat of the…
Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life
Westhaven Gold‘s (TSXV: WHN) Shovelnose gold project in south-central British Columbia could produce a total of 534,000 oz. gold and 2.7 million oz. silver over 9.5 years, according to a…
Site visit: Reality star Schnabel takes on new gold-focused role at Australia Creek
Metallic Minerals (TSXV: MMG) is tapping Gold Rush TV star Parker Schnabel to mine the unexploited Australia Creek in the heart of the Klondike 125 years after hordes descended on Canada’s…