Sandstorm Gold buys two royalty firms for US$1.1B
Canada’s Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total…
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South32 boosts Brazil green aluminum supply with bauxite mine buy
Australia’s South32 (LSE: S32; ASX: S32) is on track to double its green aluminum production in Brazil by early 2023 with the acquisition of an 18.2% stake in the Mineração…
Historic Tanco mine in Manitoba producing lithium again – but this time under China’s Sinomine
More than a decade after shutting down lithium production, the Tanco mine in Manitoba started producing lithium spodumene concentrate in December, the mine’s facility general manager Joey Champagne told The…
Appian to pony up $85M loan for Western Potash’s Milestone project in Saskatchewan
Western Potash, a subsidiary of Western Resources (TSX: WRX) will receive an $85-million loan from Appian Capital Advisory to complete the construction and development of the first phase of its…
Antofagasta opens remote operations centre at Centinela mine
Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country’s north. The centre is expected to improve safety,…
Eldorado Gold to resume Skouries construction in H2
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues…
Far North Snapshot: Eight companies venturing into the remote north for minerals
Although there are many examples of fabulously rich gold, diamond and base metals mines that have been developed in the Far North, the mineral potential of the northern reaches of…
Escondida holds top spot on list of the world’s biggest copper mines
Copper is a metal essential to construction, manufacturing industrial machinery and to the green energy transition — and demand is increasing worldwide. The copper price broke an all-time record intraday…
Ontario seeks more time to deliver official apology to miners impacted by McIntyre Powder
A motion for an official apology from the Ontario Legislative Assembly to former Ontario miners who were forced to inhale an aluminum and aluminum oxide powder linked to the development…
Arizona Sonoran to deploy Rio Tinto’s Nuton, conducts non-brokered private placement
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has entered into a partnership with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) focused on the latter’s Nuton venture and a non-brokered…
U.S. regulator sues Vale for ‘false and misleading’ claims ahead of dam tragedy in 2019
The U.S. Securities and Exchange Commission (SEC) has charged Vale S.A. (NYSE: VALE) with making “false and misleading claims” about the safety of its dams ahead of the January 2019…
Osisko Metals reports inferred resource for Gaspé Copper in Quebec
Just one month after announcing a deal to acquire the Gaspé Copper project, near Murdochville, Que., Osisko Metals (TSX-V: OM; US-OTC: OMZNF) has announced an initial inferred resource estimate for…