Editorial: Still drilling after all these years
The Northern Miner turns 110 this March and is looking pretty good for its age. Much better, for example, than cobalt, which is also the name of the Ontario town…
Africa
SQM expands into Africa with $40M Namibia deal
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, has received approval from Namibian regulators to proceed with an earn-in agreement worth up to US$40 million with South Africa-based…
Implats mulls shutting Ontario palladium mine
South African miner Impala Platinum (JSE: IMP; US-OTC: IMPUY) may close its Canadian palladium mine earlier than planned after prices for the metal used in gasoline vehicles have plummeted more than…
Sibanye dumps $490M lithium investment
South African precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has scrapped its planned investment in the Rhyolite Ridge lithium-boron project in Nevada due in part to weak prices for…
Allied Gold nets nearly $500M from UAE for Mali
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Aya Gold ups Boumadine’s tonnage 160%
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) boosted the indicated resource at its Boumadine project in Morocco by 160% and the inferred resource by 24% over the previous report…
Botswana, De Beers sign overdue diamond deal
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American (LSE: AAL) unit De Beers, the world’s leading diamond producer by value. As part of…
Exploding fire extinguisher kills Fortuna miner
Canadian precious metals miner Fortuna Mining (TSX: FVI; NYSE: FSM) reported Tuesday the death of a contracted employee at its Séguéla gold mine in Côte d’Ivoire, following an incident involving…
Congo warns US, Europe not to buy ‘looted’ minerals from Rwanda
President Felix Tshisekedi urged direct trade and didn’t rule out a minerals deal if tied to ending the nation’s conflict.
Ivanhoe expands Makoko copper deposit in DRC
Africa-focused Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has pushed its Makoko copper deposit past 13 km in strike length and found fresh high-grade copper at Kitoko, it said Monday in…
Lucara shares up on annual diamond production record
Canada’s Lucara Diamond (TSX: LUC) achieved record-breaking production in 2024, highlighted by the recovery of two exceptional stones at its prolific Karowe mine in Botswana. Shares jumped 15.7%. The miner increased…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…