TNM Drill Down: Treaty Creek gold assays ‘astound’
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by data company Mining…
Canada
Ivanhoe Electric to acquire remaining interest in Peru-focused Kaizen Discovery
Ivanhoe Electric (TSX: IE) has inked a definitive deal to acquire the remaining common shares of Peru-focused mineral explorer Kaizen Discovery (TSXV: KZD) that it does not already own, equivalent…
First Quantum to fast-track Zambia project after Panama blow
Canada’s First Quantum Minerals (TSX: FM) has signed a deal with Zambia’s Mimosa Resources to fast-track development of their Fishtie copper project in the south-central African country, near the border with the…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Media Luna West drilling points to future Morelos mill feed
Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico,…
Vale Base Metals in search of new CEO
Vale Base Metals says that Deshnee Naidoo will step down from her position as CEO at the end of March. The $26-billion copper and nickel unit was created in July…
Patriot Battery Metals starts Corvette approval process
Patriot Battery Metals (TSX-V: PMET) has started the process of obtaining approvals for the development of the Corvette lithium property in the James Bay region of Quebec. The junior said…
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Q&A: Why the world could be headed towards a ‘minerals famine’
A waiting ‘minerals famine’ and supply chain issues may endanger environmental and technological progress, warns Peter Bryant, chair at Clareo, a strategy consulting firm. A 30-year industry veteran, Bryant says the…
Industry groups aim to deliver unified global standard for responsible mining
Four leading industry groups, including the Mining Association of Canada (MAC), are banding together to create a new globalized standard for responsible mining. London, U.K.-based International Council on Mining and…