Rio Tinto promotes copper boss Bold Baatar to commercial chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
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First Quantum warns of dangers of long-term concentrate storage at Cobre Panama
First Quantum Minerals (TSX: FM) subsidiary in Panama is warning of the dangers posed by the long-term storage of copper concentrate at the disputed Cobre Panamá mine. According to the…
Peru’s Poderosa wants action on illegal miners who keep attacking its gold mine
The Poderosa gold mine in northwestern Peru experienced yet another attack by illegal miners, who this time around used dynamite to take down two high-voltage towers that supply energy to…
Atico drilling grows El Roble copper mine in Colombia
Atico Mining (TSXV: ATY; US-OTC: ATCMF) is reporting strong drill results that expand its El Roble copper-gold mine in Colombia. The drilling was aimed at infilling areas of mineralization while…
Omai Gold targets Wenot deposit in Guyana for quicker turnaround, CEO says
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) says the Wenot project in Guyana could generate more cash in the first four years than its US$375 million construction cost. Annual after-tax free cash…
NexGen confident in uranium project OK even as nuclear regulator pauses process
Shares in NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) have risen by half in the past six months on surging uranium prices but the federal regulator has put a temporary hold…
Video: American Pacific Mining’s Palmer project pivot pays off
Cashed-up American Pacific Mining (CSE: USGD; US-OTC: USGDF) is preparing for an active drilling season this year at its Palmer base metals project in Alaska and the Madison copper-gold project…
Video: Aura Minerals aims to improve 2024 gold output by 15%
With a fourth mine in Brazil now in production, Aura Minerals’ (TSX: ORA) CFO Kleber Cardoso is confident the company will achieve about 271,400 oz. of gold-equivalent production this year….
Orion looks to offload another 8.3% stake in Capstone Copper
The three Orion Resource Partners funds that recently sold a stake in Capstone Copper (TSX: CS; ASX: CSC) are selling another 8.3% holding via a secondary offering in Australia for…
Zimbabwe launches ‘gold-backed’ currency to replace dollar
Zimbabwe said on Friday that it will launch a new currency backed by the country’s gold reserves, the latest move by President Emmerson Mnangagwa’s government to stabilize its fast devaluing currency….
ASX-listed Stanmore secures full stake in Eagle Downs met coal project
Stanmore Resources (ASX: SMR) is buying the rest of the Eagle Downs metallurgical coal project in Queensland, from Aquila Coal, after making a deal in February with South32 (LSE: S32;…
Proponents see northern Ontario’s Ring of Fire opposition melting like ice roads
Construction timelines remain fuzzy but proponents are still optimistic two and half years into studying roads to serve the Ring of Fire critical minerals region in northern Ontario. Three all-season…