Shandong Gold calls on Canadian gov’t to approve TMAC purchase
Shandong Gold Mining, one of China’s top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic…
Asia
Lynas gets green light for waste treatment plant in Malaysia
Malaysia has approved Australian rare earths miner Lynas Corp.’s (ASX: LYC) application to build a permanent disposal facility for waste treatment, a minister said on Tuesday. The miner, the world’s…
Centerra raises dividend after profits double
Centerra Gold (TSX: CG) announced that the company recorded net income of US$80.7 million, or 27¢ per share, for the second quarter of 2020, more than double the US$33.4 million,…
Denison wins arbitration ruling on Mongolian asset sale
The London Court of International Arbitration (LCIA) has recently rendered a final award in favour of Canadian uranium miner Denison Mines (TSX: DML) for the previously disclosed arbitration proceedings between the company and Czech-based…
Top 10 US-based mining companies
Mining in the United States has been ongoing for centuries and has played a role in the country’s development over the years. The Northern Miner presents its annual Top-10 listing…
Sourcing cobalt remains a challenge for electric vehicle manufacturers
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete…
B2Gold reports record quarterly revenue
B2Gold (TSX: BTO; NYSE: BTG) reported consolidated gold revenue for the second quarter of the year at a record high of US$442 million, a 65% increase from the same period…
TSX posts slim increase, July 6-10
The S&P/TSX Composite Index rose 0.75% to 15,713.82 during the July 6-10 trading week. The S&P/TSX Global Mining Index rose 5.06% to 95.05, and the S&P/TSX Global Base Metals Index…
Barrick, Japan Gold step up exploration
Barrick Gold (TSX: ABX; NYSE: GOLD) and Japan Gold (TSX-V: JG) have kicked off geophysical-gravity surveys in the Asian country’s Hokusatsu Region, as part of a joint effort to uncover…
Moon richer in metals than previously thought: study
Plans to start mining the Moon as early as 2025 became more attractive this week after a U.S. National Aeronautics and Space Administration (NASA) team found evidence that the Earth’s…
Rio Tinto shifts responsibility for coal power plant at Oyu Tolgoi
Rio Tinto (NYSE: RIO; LSE: RIO) has reached an agreement with Mongolia regarding the construction of a power plant to supply the giant Oyu Tolgoi copper and gold mine, located…
Editorial: This and That
Let’s face it, at times like these, editorial writers are spoiled for choice. How does one choose among the most pertinent topics of the day? The surge in new coronavirus…