Allied Gold nets nearly $500M from UAE for Mali
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Canada
Emperor finds hidden high‐grade in Quebec
Emperor Metals (CSE: AUOZ; US-OTC: EMAUF) upgraded its Duquesne West gold project in Quebec’s Abitibi region with a bonanza‐grade discovery that could reshape the deposit’s potential. A reanalysis of historical…
Exploding fire extinguisher kills Fortuna miner
Canadian precious metals miner Fortuna Mining (TSX: FVI; NYSE: FSM) reported Tuesday the death of a contracted employee at its Séguéla gold mine in Côte d’Ivoire, following an incident involving…
Equinox Gold to buy Calibre for $2.56B
The combined company is expected to be Canada’s second-largest producer of gold.
Lucara shares up on annual diamond production record
Canada’s Lucara Diamond (TSX: LUC) achieved record-breaking production in 2024, highlighted by the recovery of two exceptional stones at its prolific Karowe mine in Botswana. Shares jumped 15.7%. The miner increased…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
Island expansion brings almost 1M oz output into focus for Alamos Gold
Alamos Gold’s (TSX, NYSE: AGI) organic growth plans are poised to boost the production profile to the near‐million-ounce club by the end of the decade, CEO John McCluskey tells The…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….