Barrick Gold rolls out new 10-year plan at Kibali mine
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Wednesday it was rolling out a new 10-year plan at its Kibali mine in the Democratic Republic of Congo, which is Africa’s…
Africa
TSX rises 3.8% over June 26-30 trading week
Over the June 26-30 trading period, the S&P/TSX Composite Index advanced 737.06 points or 3.8% to 20,155.29. The S&P/TSX Global Mining Index rose 2.01 points or 1.93% to 106.16 and…
Lucapa Diamond achieves debt-free status
Australia’s Lucapa Diamond (ASX: LOM) said on Tuesday it had fully repaid all interest-bearing loans that it borrowed from gold company Equigold and the Industrial Development Corp. of South Africa (IDC). The company,…
Canada’s Top Ten: Barrick leads this year’s list of miners by market cap
Barrick Gold (TSX: ABX; NYSE: GOLD) returned as Canada’s largest mining company on the Toronto Stock Exchange, displacing last year’s leader Nutrien (TSX: NTR), which plummeted in market value by…
Galiano Gold to resume mining in Q4 at Ghana’s Asanko
Galiano Gold (TSX: GAU) is on track to resume hard-rock mining operations at the Asanko gold mine (AGM) in Ghana in the fourth quarter following the award of a mining…
Endeavour sells non-core Burkina Faso mines as it reportedly hunts for other assets
Endeavour Mining (TSX: EDV; LSE: EDV) said Friday it had sold its 90% interests in the Boungou and Wahgnion gold mines in Burkina Faso for about US$300 million, as part…
Northern Graphite’s Quebec processor to feed battery plants eager to skirt China
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) plans to build a half-billion-dollar plant in Quebec processing battery materials from its own mining projects and others. The Ottawa-based company intends to buy a…
Atlantic Lithium feasibility study adds heft and cost to Ghana project
African-focused Atlantic Lithium (AIM: ALL; ASX: A11) says a new feasibility study for its hard-rock Ewoyaa project in Ghana increases net present value and free cash flow even as building…
RANKED: World’s top 10 rare earth projects
Rare earths, 17 minerals critical to the energy transition for their use in electric car batteries and wind turbines, are also crucial to national security for use in aerospace and…
Rainbow Rare Earths reaches deal for 100% of Phalaborwa in South Africa
Rainbow Rare Earths (LSE:RBW) has inked an agreement with Bosveld Phosphates that would give it full ownership of the Phalaborwa rare earths project in South Africa. The deal will see the…
Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…
AngloGold to build one of Australia’s largest renewable energy projects
The wind and solar power plant will halve gas consumption at its Tropicana gold mine in Western Australia.