De Beers output drops amid Venetia mine transition
De Beers, the world’s largest diamond producer by value, saw production fall 23% to 7.4 million carats in the third quarter ended Sept. 30 as a result of planned slow-down…
Africa
Video: TMX panel discusses hard ESG issues
Mining companies face difficult decisions about environmental, social and governance issues to attract new investors, according to a panel sponsored by The TMX Group at The Northern Miner’s Canadian Symposium…
Petra Diamonds says supply curbs, India’s moratorium stabilizing market
Petra Diamonds (LSE: PDL) said on Tuesday that operations at its Cullinan and Finsch mines in South Africa, and the resumption of production at the Williamson mine in Tanzania, led…
Atlantic Lithium gets go-ahead for Ghana’s first battery metal mine
Atlantic Lithium (ASX: A11) has the green light to develop Ghana’s first lithium operation after its local subsidiary received a mining permit for its flagship Ewoyaa project. The 15-year permit…
Ionic wins licence to mine rare earths in Uganda
Australia’s Ionic Rare Earths (ASX: IXR) on Friday secured a large-scale mining licence for its the Makuutu heavy rare earths project in Uganda. The permit was granted by the Ugandan Directorate…
Royal Road pivots to Morocco with Saudi-backed copper-gold exploration
Royal Road Minerals (TSXV: RYR), a Jersey-based explorer with projects in South America, is expanding to a copper-gold project in Morocco with an option to purchase Izughar Resources for nearly…
Winshear Gold moves on from Tanzania project, takes US$30M settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project. On Monday, the parties…
Egyptian tycoon eyes stake in Barrick’s Reko Diq project
Egyptian billionaire Naguib Sawiris, the northern African country’s second-wealthiest person, is said to be seeking a stake in the US$7 billion Reko Diq copper-gold project, jointly owned by Barrick Gold…
CMS: Friedland mocks lithium but touts battery tech
Robert Friedland, billionaire founder and executive co-chair of Ivanhoe Mines (TSX: IVN), criticized lithium mining at a London conference, ridiculed the West’s green energy transition and urged prayer to end the…
CMS: Bring new openness to innovation, diversity, future-of-mining panel says
The future of the industry depends less on creating everything anew and more on using what is already known in new ways, mining leaders said on Thursday in London. Innovation…
CMS: Frank Giustra sees gold juniors like ‘a kid in a candy store’
Western investors have been “asleep at the wheel” with seizing on investments in the exploration and junior gold sector, entrepreneur and philanthropist Frank Giustra told The Northern Miner’s Canadian Mining…
Global Atomic shares dip on US’s Niger ‘coup’ finding
The U.S. State Department’s recent classification of the military takeover in Niger as a ‘coup d’etat’ has temporarily halted U.S. Development Bank financing for Global Atomic Corp’s (TSX: GLO; US-OTC:…