Alphamin’s DRC tin expansion to start production in April
Canadian tin producer Alphamin Resources (TSXV: AFM) produced a record 12,568 tonnes of the metal in 2023, up 1% from the previous year, it said on Friday. Production during the…
Africa
Ghana secures stake in Atlantic Lithium with US$5M investment
Ghana’s state-owned investment fund has secured a 3% stake in Australia’s Atlantic Lithium (ASX: A11), which is building the Ewoyaa lithium project in the West African country, set to be the…
Barrick speeds up Zambian copper mine expansion
The proposed expansion of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Lumwana copper mine is being accelerated with first production scheduled for 2028, CEO Mark Bristow told Zambian President Hakainde Hichilema…
Endeavour Mining’s second-biggest gold mine hit by strike
Workers at Endeavour Mining’s (TSX: EDV; LSE: EDV) Hondué mine in Burkina Faso, the company’s second-largest gold operation, walked off the job on Tuesday, blocking the access road to the…
OreCorp rebuffs latest takeover bid as Perseus-Silvercorp battle rages
OreCorp (ASX: ORR) has rejected Perseus Mining’s (TSX: PRU; TSX: PRU) new takeover bid as it battles Silvercorp Metals (TSX: SVM; NYSE: SVM) to obtain the Nyanzaga gold project in Tanzania. “The…
Former Barrick mine in Tanzania now hosts new airport terminal
Barrick Gold (TSX: ABX; NYSE: GOLD) has handed the government of Tanzania a new airport terminal built at the closed Buzwagi gold mine, in the country’s north, which paves the way for…
Barrick denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX; NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum Minerals (TSX: FM)…
‘Vultures’ look to harvest Danakali’s cash after Eritrean potash deal
Danakali (ASX: DNK) warned shareholders on Friday of “predatory activity” by unidentified groups currently approaching investors with “vulture” offers for their stakes in the company, seeking to pay as little…
Fortuna sees record gold production, but faces silver decline, higher costs
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is coming off a record year of gold production across its five operating mines, driven mainly by the Séguéla mine in Côte d’Ivoire…
Uganda grants ASX-listed Ionic licence to mine rare earths
Australia’s Ionic Rare Earths (ASX: IXR) said on Thursday the government of Uganda had granted it a mining licence for the Makuutu heavy rare earths project in the East Africa nation. The…
Lotus Resources eyes 2025 Malawi uranium mine restart
Australia-based Lotus Resources (ASX: LOT; US-OTC: LTSRF) is on track to revive the mothballed Kayelekera uranium mine in Malawi by late 2025 while it works to tap into the longer…
Montage hikes Koné gold project economics in Africa
Montage Gold (TSXV: MAU; US-OTC: MAUTF) plans to start building its US$712 million Koné gold project in Côte d’Ivoire late this year after an updated feasibility study nearly doubled its net…