Amplats sells stake in two mines to rival Sibanye-Stillwater
Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival…
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Perseus Mining secures key stakes in two African gold assets
Perseus Mining (TSX: PRU; ASX: PRU) has struck a deal to acquire a 15% stake in Canadian junior Orca Gold (TSX: ORG) from Resolute Mining (ASX: RSG), which will give…
Searchlight Resources finds uranium south of the Athabasca Basin
Canadian explorer Searchlight Resources (TSXV: SCLT; US-OTC: CNYCF) is generating renewed interest in grassroots uranium exploration outside the established boundaries of the Athabasca Basin in northern Saskatchewan, chairman and VP…
JV Article: Defense Metals’ Wicheeda rare earths project poised to become the Next REE producer in North America
When Defense Metals (TSXV: DEFN) acquired 100% ownership of its flagship Wicheeda rare earth elements deposit in British Columbia this month, it was the latest in a series of milestones…
TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
TSX Venture falls during the Jan 24-28 trading week
The S&P/TSX Venture Exchange fell 18.29 points or 2.13% to 838.33. Spot gold dropped US$44.00 per oz. or 2.4% to US$1,791.60 per ounce. Shares of Los Andes Copper climbed $1.04…
US markets rise during the Jan. 24-28 trading week
The Dow Jones Industrial Average climbed 460.1 points or 1.34% to 34,725.47 and the S&P 500 rose 33.91 points or 0.77% to 4,431.85. Spot gold dropped US$44.00 per oz. or…
Teck Resources’ QB2 to cost up to US$500M more than planned
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, tumbled on Friday after it warned that Covid-19-related costs of its massive Quebrada Blanca Phase 2 (QB2) expansion…
Radisson Mining releases “high-grade” drill results from O’Brien project
Radisson Mining (TSXV: RDS; US-OTC: RMRDF) has reported high-grade gold intercepts from its 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break in Quebec, between the mining towns of Rouyn-Noranda…
Canada’s Industry Minister says Neo Lithium takeover was “thoroughly reviewed and scrutinized”
Minister of Innovation, Science and Industry François-Philippe Champagne says Zijin Mining’s proposed takeover of Neo Lithium (TSXV: NLC; US-OTC: NTTHF) is not “injurious to Canada’s national security.” Speaking to the…
De Beers boosts production to meet recovering demand
De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet…
Western Uranium & Vanadium hopes to ride the uranium wave
Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) CEO George Glasier says the company’s Sunday mine complex in Colorado will be in a good position to take advantage of bullish demand forecasts for uranium. “A lot of…