Barrick sells Hemlo Gold mine for $1.1B
Barrick Mining (NYSE: B; TSX: ABX) has agreed to sell its last operating gold mine in Canada, marking a significant milestone as the company shifts its focus towards copper. The…
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Beaver Creek: ‘Paper gold is over’ as BRICS build dollar-free payments
Beaver Creek, Colo. – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the U.S….
OceanaGold books high-grade gold in South Carolina
New high-grade drill results from OceanaGold’s (TSX: OGC; US-OTC: OCANF) Haile mine in South Carolina show the company is making headway towards a goal of expanding the resource at its…
Japan pours $7B into African rail link for Sovereign graphite
Japan has committed $7 billion to develop the Nacala Logistics Corridor, a project expected to boost Sovereign Metals’ (ASX: SVM; LSE: SVML) Kasiya rutile-graphite project in Malawi. The funding would…
GoviEx Uranium, Niger pause Madaouela dispute
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) and the Niger government have agreed to extend a break in international arbitration over their Madaouela project clash by another six months. While the two…
Foran secures $70M in Sask. tax credits
Foran Mining (TSX: FOM; US-OTC: FMCXF) says it has secured up to $70 million (US$51 million) in Saskatchewan provincial tax credits to support the development of its McIlvenna Bay project…
Northern Graphite to raise $2.2M for feasibility study
Canadian miner Northern Graphite (TSXV: NGC; US-OTC: NGPHF) plans to raise up to C$2.2 million on the stock market as it builds on a recent federal lifeline extended to North…
Podcast: Agnico’s Boyd and Northern Miner’s Vaccaro on the Great Canadian Treasure Hunt
This week’s episode features Agnico Eagle chair Sean Boyd and Northern Miner Group president Anthony Vaccaro on the Great Canadian Treasure Hunt—a contest launched by the Northern Miner that hides…
Higher costs pinch Indonesian nickel producers
A persistent nickel ore shortage in Indonesia is raising costs for producers even as a wider global surplus in the refined metal caps prices, according to a market summary this…
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Galiano halts Ghana deposit work after clash
Galiano Gold (TSX, NYSE-A: GAU) says it temporarily suspended operations at the Esaase deposit at Ghana’s Asanko mine after one person died Tuesday during a clash between soldiers and area…
Friedland-backed Sunrise doubles scandium resource
A resource update for Robert Friedland-backed developer Sunrise Energy Metals’ (ASX: SRL) Syerston scandium project in New South Wales, has nearly doubled its resource and positions it among the largest…