Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Africa
Ghana to shorten permitting, boost communities
Ghana, the top gold producer in Africa and sixth globally, has introduced a major overhaul of its mining legislation aimed at shortening permit timelines and boosting revenue for host communities….
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Botswana seeks control of De Beers
Botswana is pushing to take control of De Beers as Anglo American (LSE: AAL) prepares to sell the diamond company. Duma Boko, president of Botswana, is determined to increase the…
Mali judge rejects Barrick appeal to free staff
A court in Mali has rejected Barrick Mining’s (TSX: ABX; NYSE: B) appeal to release four employees arrested in November, deepening a high-stakes standoff between the Canadian mining giant and…
AVZ slams Congo-KoBold deal
Australia-based AVZ Minerals (US-OTC: AZZVF) said on Monday a new agreement between the Democratic Republic of Congo (DRC) and U.S.-backed KoBold Metals violates an international arbitration order tied to the…
KoBold signs Congo deal to boost US mineral supply
The Democratic Republic of Congo and U.S.‑based Kobold Metals have struck a preliminary mineral exploration agreement that deepens American involvement in the country’s critical‑minerals sector. The deal opens the door…
Lifezone cuts Kabanga project value to $1.6B
Lifezone Metals‘ (NYSE: LZM) feasibility study for the flagship Kabanga nickel project cuts the asset’s net present value and mine life while boosting production costs compared with a more speculative…
JV video: Empress Royalty to double revenue this year
Empress Royalty (TSXV: EMPR) is set to double revenue this year from 2024’s record $8 million (C$11 million), CEO Alexandra Woodyer Sherron said in a new video interview. The windfall comes from…
NexMetals gets EXIM letter for potential $150M loan
Recently-listed NexMetals Mining (TSXV: NEXM; Nasdaq: NEXM) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for a potential loan of US$150 million to…
Newcore logs shallow, high-grade hits in Ghana
Newcore Gold’s (TSX-V: NCAU; US-OTC: NCAUF) latest results at its Enchi project in southwestern Ghana have returned results as high as 6 metres grading 3.98 grams gold per tonne. That…
Namib eyes $400M to restart Zim gold mines
Namib Minerals (Nasdaq: NAMM) is looking to invest as much as $400 million to bring two of its mothballed gold mines in southern Zimbabwe back to production, according to media…