Nordgold plans to cut carbon emissions at Guinea mine
Russian miner Nordgold (LSE: NORD) says it will build a new power plant at its Lefa mine in Guinea as part of efforts to reduce its greenhouse gas emissions. The…
Russian miner Nordgold (LSE: NORD) says it will build a new power plant at its Lefa mine in Guinea as part of efforts to reduce its greenhouse gas emissions. The…
The S&P/TSX Composite Index rose 1.37%, or 193.30 points, to finish the April 13-17 trading week at 14,359.90. The S&P/TSX Global Mining Index rose 3.92% to 77.47, while the S&P/TSX…
Thor Explorations (TSXV: THX) is moving forward with its Segilola project in Nigeria after securing a US$98-million financing. Once completed, Segilola, located 120 km from Lagos, will become the country’s…
Global Atomic (TSX: GLO; US-OTC: GLATF) has completed a preliminary economic assessment (PEA) for the first phase of a larger underground mine at its Dasa uranium deposit in the Republic…
A recent Supreme Court decision pertaining to Nevsun Resources could have big implications for other Canadian mining companies with foreign operations, opening them up to human rights claims stemming from…
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…
Trevali Mining (TSX: TV; US-OTC: TREVF) has temporarily suspended operations at its Caribou mine near Bathurst, New Brunswick. The company noted that the global zinc market has deteriorated and that…
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in…
Endeavour Mining (TSX: EDV) gave markets a welcome break from COVID-19-related news by announcing the acquisition of Semafo (TSX: SMF) in a $1 billion (US$691 million) deal that will create…
Privately held Nordgold has taken a 19.9% stake in Cardinal Resources (TSX: CDV; ASX: CDV), which is advancing its Namdini gold project in Ghana. The Russian gold miner, whose non-executive…
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