TNM Drill Down: Collective Mining Traps top assay in Colombia
Our TNM Drill Down features highlights of the top gold assays from the April 19-26 period. Drill holes are ranked by gold grade x width, as identified by data company…
Africa
Endeavour Mining pours first gold at Senegal mine expansion
Endeavour Mining (LSE: EDV; TSX: EDV) reported on Monday it poured first gold at its Sabodala-Massawa mine in Senegal on April 18, marking the successful delivery of the BIOX expansion…
Anglo American rejects BHP’s ‘undervalued’ US$39B bid
Anglo American (LSE: AAL) has rejected a US$39 billion takeover proposal from BHP (LSE: BHP; NYSE: BHP; ASX: BHP) that requires Anglo to divest its platinum and iron ore businesses…
South Africa votes 30 years after Mandela’s victory but mining challenges persist
South Africa goes to the polls on May 29 after three decades of democracy but even a transformed mining sector faces persistent challenges, the industry says. South Africa has produced…
Alpha drill results expand gold zones at Kerkasha project in Eritrea where Italians used to mine
Alpha Exploration (TSXV: ALEX) says drill results extend mineralization at the Kerkasha gold project in Eritrea with a double-digit grams assay. Drill hole ABRD113 cut 5 metres grading 11.03 grams gold per…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
TNM Drill Down: West African Resources posts second top assay in a month from Burkina Faso
Our TNM Drill Down features highlights of the best gold assays of the April 12-19 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
Anglo American bullish on copper outlook, cuts diamond targets
Anglo American (LSE: AAL) reported an 11% increase in its copper output for the first three months of the year, but cut its 2024 production guidance for diamonds, as its…
GoviEx plunges as Niger uranium project faces deadline
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) says it’s discussing with Niger’s military leaders how to avoid losing its Madaouela project licence if it fails to start the mine by July 3. The…
Africa’s lithium output to almost triple this year, says Benchmark Intelligence
In 2023, the region contributed 4% to global lithium production, but this year it’s expected to reach 10%.
Hummingbird nears production at Guinea gold mine
Shares in Hummingbird Resources (AIM: HUM) rose on Tuesday after the Africa-focused miner said its talks with the main contractor at its Kouroussa gold mine in Guinea are progressing, adding…