Rio2 to raise up to US$135 million for Fenix gold mine construction
The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022.
News
The View from England: Silly season launched in Scotland
The British Broadcasting Corporation has launched a three-part TV series on a “mountain full of treasure,” and it’s in Scotland. Apart from being bullish for the valuation of Scotland’s first…
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Yamana green lights development for Wasamac gold with higher production
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) has given the go-ahead to develop the Wasamac gold mine, with study results showing more reserves, higher annual production and increased cash…
The Northern Miner Podcast – episode 248: Alcoa posts record quarter, citing China and metal prices
This week’s episode features Alcoa’s second-quarter conference call, with president and chief executive officer Roy Harvey and executive vice-president and chief financial officer William Oplinger. Harvey and Oplinger showcase the…
Ivanhoe’s Kamoa-Kakula exports first copper concentrate
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) massive Kamoa-Kakula mine in the Democratic Republic of Congo (DRC) has begun copper concentrate exports to international markets as the metal continues to trade close…
Endeavour Silver buys Nevada gold asset for US$100 million
The Bruner gold project is expected to become a low-cost, open pit, heap leach mine operation.
Thor Explorations expects first gold pour at Segilola by end of July
The mining fleet is now fully commissioned, and production is expected to quickly ramp up to its design capacity.
Maple Gold Mines to buy former Eagle mine in Quebec
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has entered into an option agreement with Globex Mining Enterprises (TSX: GMX; US-OTC: GLBXF) regarding the past-producing Eagle gold mine, 60 km southwest…
Barrick reports a fatality at Hemlo
Operations at Barrick Gold’s (TSX: ABX; NYSE: GOLD) Hemlo mine, about 350 kilometers east of Thunder Bay, Ontario, remains suspended after a contract worker died on site late Wednesday. Perenti,…
Tesla’s lithium extraction patent catches miners’ attention
Information obtained by Electrek revealed that Tesla filed a new patent related to the acid-free saline lithium extraction process mentioned by Elon Musk during Battery Day in September 2020. Titled…
BC approves early construction at Artemis Gold’s Blackwater
British Columbia has granted a permit for early construction work at the Blackwater gold project belonging to Artemis Gold (TSXV: ARTG). This is the first step in construction of a…