VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
Africa
B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia
B2Gold (TSX: BTO, NYSE-AM: BTG) says drill results released today confirm the potential to expand production at its Otjikoto mine in Namibia. The results were from drilling conducted last year…
Lifezone Metals rises on new nickel discovery at Kabanga
Shares in Lifezone Metals (NYSE: LZM), 17% owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP) rose in the early hours of Monday’s trading session on news about a high-grade nickel…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
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…
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…