RANKED: World’s top 10 biggest mines by ore throughput in 2022
The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry….
News
Mexico to start producing lithium batteries in late 2023, as US, Asia invest
Mexico, which nationalized lithium resources in April, plans to start producing lithium batteries in late 2023 as it has secured foreign investment and the backing of the United States, its…
Rio Tinto-Turquoise Hill takeover vote set for Dec. 9
Turquoise Hill Resources (TSX: TQR) has set Dec. 9 as the date its shareholders will finally vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO;…
Ontario offers $5M to spur critical mining innovation
Ontario is starting a two-year, $5 million critical minerals innovation fund to support research and development of new technologies. The fund is to support Ontario-based new technologies in the supply…
Crypto’s Bre-X moment means regulations are finally on the way
There’s got to be a sense of schadenfreude in some circles of the mining business watching the implosion of FTX this month. Somehow, cryptocurrencies have competed with the mining sector…
Treaty Creek drilling will boost new resource estimate next year, JV says
American Creek Resources (TSXV: AMK) and Tudor Gold (TSXV: TUD) say step-out drilling at their Treaty Creek joint project in northwestern British Columbia’s Golden Triangle shows higher grades than in…
Vizsla Silver eyes consolidation of Panuco project with Prismo Metals investment
Mexico-focused Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has entered into a non-binding letter of intent with Prismo Metals (CSE: PRIZ) for a strategic investment totalling $2 million. In exchange, Vizsla…
World to face 8-million tonne copper deficit by 2032, Codelco warns
Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number…
Barrick faces new lawsuit for alleged rights abuses in Tanzania
Twenty-one Tanzanian nationals filed a lawsuit in Ontario Supreme Court Wednesday morning against Barrick Gold (TSX: ABX) for alleged human rights violations at the company’s North Mara gold mine in…
New Found Gold extends Keats West at centre of Newfoundland exploration surge
New Found Gold (TSX-V: NFG, NYSE-A: NFGC) says new drilling expands its Keats West discovery in the Queensway project of central Newfoundland. Hole NFGC-22-773 intersected 18.6 grams gold per…
SolGold welcomes Jiangxi Copper as new investor
SolGold (TSX: SOLG; LSE: SOLG) announced Wednesday that certain investors, including China’s Jiangxi Copper (Hong Kong) Investment Co.. have agreed to purchase 180 million shares of the company at a…
Camino confirms continuity of mineralization at new copper discovery in Peru; stock jumps
Camino Minerals (TSXV: COR; US-OTC: CAMZF) has announced high solubility results over significant copper oxide intercepts in the Lourdes zone at its Los Chapitos property in Peru. Lourdes is one of…