Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
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JV Article: Golden Share Resources bolsters team to advance properties in Ontario’s Ring of Fire
Golden Share Resources (TSXV: GSH) is exploring for diamonds and precious and base metals in Ontario. The Canadian junior owns properties close to Ontario’s Ring of Fire, an emerging mining district…
Endeavour Mining and Fortuna Silver operations unaffected by Burkina coup
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and Fortuna Silver Mines (TSX: FVI; NYSE: FSM) say their mines in Burkina Faso have not been affected after a military junta seized control of the country…
Macassa #4 shaft reaches 1,950 metres, to be completed late 2022
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) announced that the new, $240 million #4 shaft at its Macassa gold mine reached its planned depth of 1,950 metres on…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
JV Article: Vox Royalty’s deal-sourcing unlocks world’s valuable forgotten royalties
Vox Royalty Corp. (TSX-V: VOX, OTCQX: VOXCF), which holds the second-largest mining royalty portfolio in Australia behind Franco Nevada, and has been tapped as the top company for projected revenue…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
JV Article: CopperCorp targets iron-oxide copper-gold deposits in Tasmania, Australia on a district scale
Copper is a key commodity of the future, with demand forecast to outstrip supply over the next decade as the world ramps up the race to decarbonize and transition to…
Chinese takeover of Neo Lithium “irrelevant to national security interests” says Liberal MP
The proposed takeover of Canadian-based Neo Lithium (TSXV: NLC; US-OTC: NTTHF) by China’s Zijin Mining is not a concern, Liberal MP Andy Fillmore said. Speaking to a House of Commons committee on January 20, Fillmore…
More than 100 injured, at least a dozen dead after blast in Ghana’s mining region
At least 13 people have been killed and more than 100 injured after a vehicle carrying explosives to a gold mine exploded after colliding with a motorcycle in western Ghana, police and government officials say. …
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…