PDAC: Facing the challenges of mine decarbonization
The mining industry’s decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles en route, miners said during…
Africa
Roscan hits milestone with environmental permit for Kandiole in Mali
Mali has granted an environmental permit for Roscan Gold’s (TSXV: ROS; US-OTC: RGCF) Kandiole project—the penultimate step that precedes securing a final mining licence, the company reports. CEO Nana Sangmuah…
Gold Fields and AngloGold Ashanti agree to terms for JV in Ghana
A proposed joint venture between Gold Fields’ (NYSE: GFI) Tarkwa and AngloGold Ashanti’s (NYSE: AU) Iduapriem mines in Ghana would create Africa’s largest gold mine and one of the world’s…
Ivanhoe Mines posts record revenue, profit highs in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over the US$45 million recorded in…
TSXV retreats during March 6-10 trading week
The S&P/TSX Venture Composite Index retreated by 31.49 points or 4.9% over the Mar. 6-10 trading session, ending at 611.49. Artemis Gold was the week’s top value gainer, adding 48¢…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to nearly 71%. The move comes…
PDAC: Target investment, rally society to compete with China, says banking panel
Prices and supplies of critical metals will increasingly hinge on government policy and geopolitical tensions, three of Canada’s top bankers said Monday at PDAC. Speaking on a panel moderated by…
Make metals with China not war, Friedland tells PDAC
Robert Friedland, founder and executive co-chair of Ivanhoe Mines (TSX: IVN), says the West shouldn’t go to war over Taiwan because it needs investment from China to mine metals for the global…
PDAC: Energy transition presents Canada with mining windfall, says McKinsey’s Hoffman
The shift to green energy will demand the use of all metals, not just critical in a multi-trillion dollar industrial transition, said McKinsey’s Ken Hoffman at PDAC in Toronto on…
Demand for critical mineral tin is rising — but new deposits are scarce
As investors rush to put their money into nickel, lithium and other metals set to benefit from the transition to cleaner sources of energy, is another critical mineral being left…
RANKED: World’s top ten biggest gold projects – 2023
Gold mining companies have been grabbing headlines this year with a flurry of merger and acquisition (M&A) activities. The biggest deals in the gold sector include the world’s largest gold…
Base and battery metals Snapshot: Eight companies targeting critical minerals
The growing demand for clean energy technologies is driving exploration and development of critical mineral deposits around the world. Here’s a look at eight companies on the hunt for everything…