South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
News
Dundee drilling near Čoka Rakita suggests camp-style copper-gold potential
Regional drilling at targets just north of the Čoka Rakita deposit in Serbia show the potential for finding more high-grade copper and gold at the project, Dundee Precious Metals (TSX:…
McEwen’s strong shallow Grey Fox assays prep expansion bid in Timmins gold zone
McEwen Mining (TSX: MUX; NYSE: MUX) says drill results at its Grey Fox gold deposit bode well for developing the wider Fox complex of historical mines and exploration sites in northeast…
Drilling at Founders’ Antino project expands Froyo, serves up Cupcake treat
New high-grade gold results at Founders Metals’ (TSXV: FDR, US-OTC: FDMIF) Antino project in southeast Suriname have almost doubled the size of its main Froyo zone, while also putting the…
Canada Nickel’s hits at Texmont crown recent results in Timmins district
Drilling at seven of Canada Nickel‘s (TSXV: CNC; US-OTC: CNIKF) properties in the Timmins-Cochrane mining district of northern Ontario has returned positive results, with results at Texmont expanding high-grade mineralization…
Gem Diamonds unearths 126.2-carat stone from Letšeng mine in southern Africa
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another large white diamond at its prolific Letšeng mine in Lesotho. The 126.21 carat type II white diamond is the 12th greater…
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
Great Bear PEA suggests multi-decade Kinross gold mine in Ontario
When Kinross Gold (TSX: K; NYSE: KGC) bought the Great Bear project in northern Ontario’s prolific Red Lake district two and a half years ago, its thinking was to acquire…
Beaver Creek: Experts warn poor management sinks mining projects, not rocks
Mining industry experts contend that leadership quality, not just geological assets, determines the success or failure of exploration projects, an industry conference heard Tuesday. They called for more rigorous management…
Newmont sells Telfer, Havieron stake to Greatland Gold for US$475M
As part of its efforts to offload non-core assets, Newmont (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) has agreed to sell its Telfer mine and a 70% stake in…
EV slump powers platinum supply deficit, miners say
The third-lowest platinum mining output this century can’t keep up with rising investment demand, jewelry and a sustained traditional car market using catalytic converters, according to an industry group. A…
Snowline’s Valley adds to golden results streak in Yukon
Drill results from Snowline Gold’s (TSX-V: SGD; US-OTC: SNWGF) Valley target in eastern Yukon returned some of the highest grades yet at the deposit, while regional exploration has revealed two new…