Kodal Minerals on track to produce lithium at Bougouni in Q4
Kodal is in competition with Leo Lithium to develop Mali’s first lithium mine.
Africa
Silvercorp clears way for Perseus Mining takeover of OreCorp
A winner has emerged in the months-long battle for Africa-focused gold developer OreCorp (ASX: ORR). The Australia-based company is recommending shareholders accept the off-market takeover offer from Perseus Mining (TSX:…
TNM Drill Down: West African Resources tops gold assays at Sanbrado in Burkina Faso
Our TNM Drill Down features highlights of the best gold assays of the March 15-22 period. Drill holes are ranked by gold grade x width as identified by data company…
Awalé Resources stock soars on 32 metre hit of 45.7 grams gold
Awalé Resources (TSXV: ARIC) shares soared on Monday after the Newmont-backed explorer reported outstanding assay results of 45.7 grams gold per tonne over 32 metres from drilling on the Odienné…
Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire
Ivanhoe Electric (TSX: IE; NYSE American: IE) has completed its earn-in to acquire a 60% interest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined…
Gemfields’ sparkle dims, profit falls 86% on nixed sale
Coloured gemstones miner Gemfields (LSE: GEM) posted on Monday a 86% drop in pre-tax profit for 2023 due partly to the cancellation of a high-quality emerald auction in November, a lower…
Lifezone shares rise on US$50M financing, Tanzania refinery licence
A consortium of marquee mining investors are backing Lifezone Metals (NYSE: LZM) and the development of its flagship Kabanga project in northwest Tanzania, which is on track to reach the…
Video: B2Gold CEO on laying the foundations for growth
B2Gold (TSX: BTO) is navigating a capital-intensive period aimed at pushing the 1 million oz. gold mark from 2025, CEO Clive Johnson says. Johnson, an industry veteran with several discovery-to-mine…
Gemfields warns of $2.8 million loss on writedown
Precious gemstones miner Gemfields (LSE: GEM) warned on Friday that it expects to swing to a loss of US$2.8 million in 2023 from a US$74.3 million profit the previous year…
Video: Wheaton Precious’s Smallwood on ‘most active deal-making year’
Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) is celebrating one of its most active deal-making years, clinching eight transactions with over US$1 billion in commitments over roughly the…
Technology becoming a hot commodity among miners, says law firm
The mining sector’s recent shift towards adopting technology to tackle rising costs is turning digital intellectual property into a valuable commodity in its own right, says global law firm White…
Lucapa finds Lulo mine’s fifth-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 203-carat diamond at its prolific Lulo mine in Angola, the fifth-largest ever found at the operation. The diamond is also the third 100-carat-plus stone found at Lulo this…