Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Canada
JV Video: Callinex Mines moves Pine Bay ahead in tough junior market
Callinex Mines (TSXV: CNX; US-OTC: CLLXF) released an initial resource last year for the Rainbow deposit at its Pine Bay volcanogenic massive sulphide (VMS) project in Manitoba. It then followed that…
Microsoft invests in Ontario-based rare earths recycling company
Cyclic Materials has received an equity investment from Microsoft’s Climate Innovation Fund, which is dedicated to accelerating technology development and deployment of new climate innovations. This investment is representative of…
In shadow of Victoria Gold accident, workers claim lax safety culture at site
Update: Comments from the Workers’ Safety and Compensation Board were added on July 26. A landslide that’s stopped production at Victoria Gold’s (TSXV: VGCX) Eagle mine in the Yukon may…
Boyd, Roosen, Quartermain: It takes grit, invention, luck to make the big time
Perseverance, a focus on geology and financial discipline and some good breaks are what’s needed to make a mining titan, some of the industry’s leaders told a conference put on…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Video: Seabridge Gold seeks BC OK to keep KSM permits
Seabridge Gold expects to receive the “substantial start’ designation under British Columbia laws for permits allowing KSM, the world’s largest undeveloped gold project, CEO Rudi Fronk said in an interview….
Montage Gold raises $180M from Zijin, Lundin for Koné project in West Africa
China’s Zijin Mining Group and the Lundin family are part of a $180 million capital raising to increase their stakes in Montage Gold (TSXV: MAU; US-OTC: MAUTF) and advance its…
Fed funding aims to boost women in mining from just 16%
Women represent only 16% of Canada’s mining industry’s workforce, a figure that’s three times lower than the average across all industries, according to the Mining Industry Human Resources Council (MiHR)….
Eldorado funds Brixton Metals’ BC gold quest
Mid-tier producer Eldorado Gold (TSX: ELD) is pledging nearly $6.5 million to advance Brixton Metals‘ (TSXV: BBB; US-OTC: BBBXF) search for the source of river gold that once produced a…
Agnico expands First Nordic stake to 13%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest miner by market value, is investing $8.2 million to advance First Nordic Metals‘s (TSX-V: FNM) Oijärvi gold project that Agnico used…
Video: LSE-listed uranium junior Power Metals lands in North America
Power Metals Resources (LSE: POW; US-OTC: POWMF) CEO Sean Wade says there are plenty of catalysts for the London-listed prospect generator which just listed on the OTC. The company, which…