Marathon upgrades Valentine resource
Marathon Gold’s (TSX: MOZ) latest resource update for the Valentine project features total measured and indicated resources of 54.9 million tonnes grading 1.75 grams gold per tonne gold for a…
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Trade tensions and ESG policies top issues for miners, survey says
Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry’s top concerns for…
Gran Colombia Gold to spin off Marmato project
Gran Colombia Gold (TSX: GCM) expects to complete in February the spin-off of its Marmato project, located in Colombia’s department of Caldas, into a separately listed company, executive chairman Serafino…
Anglo American goes back to fertilizers with US$527M purchase of Sirius Minerals
Anglo American (LON: AAL) is expanding into fertilizers after agreeing to acquire Sirius Minerals (LON: SXX), the British junior struggling to build a huge fertilizer mine beneath a national park….
TMAC launches strategic review of Hope Bay
Production in the fourth quarter at TMAC Resources’ (TSX: TMR) Hope Bay mine in Nunavut were at the low end of expectations, and the company has begun a strategic review…
EV sales to hit 37 million by 2024, ARK says
New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024. ARK, which focuses on disruptive technologies, said EV sales in 2019 hit about…
Lynas faces environmental lawsuit in Malaysia
Australian rare earths miner Lynas (ASX: LYC) said Friday that three individuals in Malaysia had filed a lawsuit challenging the government’s decision to renew the company’s operating licence last year….
Minera Alamos begins construction of Santana mine
Minera Alamos (TSXV: MAI) has started construction of its Santana open-pit, heap-leach mine in Sonora state and expects to transition from a developer to gold producer this year. “This is…
Rio Tinto to close world’s biggest diamond mine
Rio Tinto’s (NYSE: RIO) iconic Argyle mine in remote Western Australia, the world’s biggest and the main global source of high-quality pink diamonds, will close in the fourth quarter of…
Rising civil unrest adds to mining risks in 2020
Global miners will have to get ready to deal with the increasing threat from civil unrest, following last year’s succession of dramatic — and in several cases unforeseen — social…
Eldorado discovers new zone at Lamaque
Eldorado Gold (TSX: ELD; NYSE: EGO) has discovered a new gold mineralization zone, the Ormaque zone, at its Lamaque gold operations. Drill highlights include 27 metres of 10.2 grams gold…
Iamgold’s Stephen Letwin to retire
Iamgold (TSX: IMG; NYSE: IAG) has announced that CEO Stephen Letwin will retire at the end of February after a decade at the company. Gordon Stothart, the company’s president and…