The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
DRC Mining News
A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.
Glencore is upping its presence in the African mining landscape through the purchase of stakes in two mines it already partially owns.
A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.
An armed attack on the Twanziga gold mine in eastern Democratic Republic of Congo (DRC) Tuesday has resulted in four casualties.
The US Securities and Exchange Commission is reconsidering the rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa.
Employees who had staged an illegal sit-in at the mine returned to work Wednesday after management and authorities reached a deal with them, the company said.
Company said talks are underway to stop an illegal sit-in that started last week by some employees demanding annual ex-gratia payments.
INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.
Every once in a while, a previously underappreciated metal rises to prominence.
The Kibali gold mine in the Democratic Republic of Congo has continued its performance improvement in the second half of the year after a tough first half.
State-owned Gecamines clears final hurdle for Freeport and Lundin's blockbuster sale of one of Africa's largest copper mines.
Two separate business groups focused on electronics supply chains have launched initiatives to try to stop children from mining cobalt in the DRC.
Congolese security forces accused of shooting civilians in the southern city of Lubumbashi.
Unsafe operating conditions in an unsanctioned gold mine have claimed at least 20 lives in the Democratic Republic of Congo.
Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, a new report shows.
"We are working hard to have the mine ready to restart production": Robert Friedland
Canada’s Ivanhoe Mines and joint-venture partner Zijin Mining have transferred a further 15% interest in their Kamoa-Kakula copper project to the DRC’s government.
The new venture is part of Randgold's ambitious plan to discover three new deposits in the next five years.
Gecamines claims it has pre-emptive rights to buy the stake as owner of the country’s mining titles.
Israeli financier Dan Gertler's firm disputes report outlining purchase from Congo state-owned miner of royalty streams from Glencore-owned copper mines.
Canada’s Lundin, which owns 24% of Tenke, has finally agreed to sell its stake to a private equity firm from Asia’s richest nation.
Global Witness: Royalty stream from Glencore's KCC copper-cobalt operation transferred to offshore company controlled by Israeli billionaire Dan Gertler.
While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.
The gold miner also expects to be in a position to increase dividends by the end of the year.