South32 locks 45% stake in Sierra Gorda copper mine
South32 (LSE: S32; ASX: S32; JSE: S32) says it will proceed with the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile, as project partner KGHM…
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Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
Peru’s mining policy snafu gives investment a bloody nose
Peru appears to have backtracked on a decision announced on November 19 that it would have forced the premature closure and block extensions of Hochschild Mining‘s (LSE: HOC; US-OTC: HCHDF)…
Lucara says diamond market the “healthiest” in years
Canada’s Lucara Diamond (TSX: LUC) says the global market for roughs and diamond jewellery has reached a healthy balance thanks to supply improvements and fundamentals. The Vancouver-based miner said it expected the…
New World Resources reports first resource for Antler project in Arizona
Australia’s New World Resources (ASX: NWC) has wasted little time since signing an option agreement in January 2020 to earn 100% of the Antler copper project in northwestern Arizona. The…
Standard Lithium gets US$100 million investment from Koch
Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.
Six Canadian-listed diamond companies poised to prosper as market recovers
Whether they’re producers, developers or explorers, Canadian-listed diamond companies are a tough lot. Those that have survived the disruptions of the pandemic — and the soft diamond market that preceded…
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
India factory closures weigh on De Beers diamond revenues
Anglo American‘s (LON: AAL) diamonds unit De Beers has reported another decline in sales revenue for the ninth sales cycle this year, as cutting factory closures in India weighed on…
YMP Scholarship Fund announces 2021 winners
The Young Mining Professionals Scholarship Fund (YMPSF) has announced its 2021 scholarship recipients. A total of $125,000 in scholarships has been awarded to post-secondary students following mining-related programs in Canada….
GMS: Trent Mell on the green energy revolution and the problem with supply chains
The continuing interest in the battery sector was the focus of an in-depth discussion on the second day of The Northern Miner’s Q4 Global Mining Symposium, as the executive editor…
Harte Gold announces assignment of credit facilities to Silver Lake Resources
Australia’s Silver Lake Resources (ASX: SLR) has acquired US$63.3 million in credit facilities that BNP Paribas provided Canadian miner Harte Gold (TSX: HTR) for its Sugar Zone mine in Ontario….