Japan Gold raises $10M to fund its own exploration
Japan Gold (TSXV: JG; US-OTC: JGLDF) is raising gross proceeds of $10 million to fund its 2023 exploration campaign through a private placement of 50 million common shares priced at…
Asia
U.S. markets decline Apr. 17-21 as recession concerns beat earnings
U.S. markets fell slightly as investors weighed strong corporate earnings and declining inflation against the fall of the index of leading economic indicators to its lowest point in more than…
The View from England: Famous gems being both flaunted and hidden
By now you should have received your invitation to the coronation of Charles III and his wife, Camilla, as king and queen of the United Kingdom and other Commonwealth realms….
How humanity’s conquest of space will depend on mining lunar water
With an eye to exploring Mars and beyond, space agencies worldwide are looking to mining to supply water, fuel and oxygen needed to send astronauts on longer missions. The target?…
How not to drill a project, Part 2 — drill crew tensions lead to disaster
Strolling around PDAC in March, I ended up in the core shack, perusing all of the world class, upper quartile tier 1 discoveries guaranteed to become a mine one day….
Newmont makes ‘best and final’ bid for Newcrest
The world’s largest gold producer Newmont (NYSE: NEM; TSX: NGT) has upped its bid for Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) to US$21.2 billion from the original implied value…
FPX Nickel and Japan agree to explore globe for ‘disruptive’ awaruite
Japan plans to fund global exploration by Canada-based FPX Nickel (TSXV: FPX; US-OTC: FPOCF) to find low-carbon awaruite while earning into its Klow project in British Columbia, according to a…
Barrick Gold, PNG ink new deal to restart Porgera mine
Through the New Porgera Progress Agreement (NPPA) all parties have committed to resume Porgera’s operations as soon as possible.
Video: Why mining is about to hit the decarbonization ‘tipping point’
Canadian Mining Journal Editor-in-Chief Tamer Elbokl talked to Mark Fellows, director and cofounder of Skarn Associates, about the mining sector’s efforts to reduce carbon emissions during the PDAC convention in…
Video: Patricia Mohr outlines Canada’s key advantages in the critical minerals space
Canadian Mining Journal Editor-in-Chief Tamer Elbokl spoke with economist, founder of the publication Critical Metals for a Sustainable World, and former vice-president with Scotiabank, Patricia Mohr at PDAC 2023 in…
Mitsubishi to buy 5% stake in Western Copper to advance Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan’s Mitsubishi Materials to advance the company’s Casino copper-gold project in Yukon towards development. Mitsubishi…
WoodMac expects steel, aluminum and copper to benefit most from renewed Chinese growth
A new report by market analyst Wood Mackenzie argues that steel, aluminum, and copper stand to benefit most from an uptick in China’s gross domestic product growth this year. WoodMac…