Kinross Gold to publish Great Bear resource estimate with 2022 results
Kinross is targeting construction by 2027 and first production by 2029, but doesn’t rule out a “schedule compression.”
Cecilia Jamasmie , Editor-in-Chief
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Britain sanctions Russia’s “Nickel King” Vladimir Potanin
Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.
Ivanhoe Electric shares fall in debut after $169 million IPO
Robert Friedland's exploration and development company owns properties in Arizona, Utah and Montana. It also has a battery storage business.
Teck tests carbon capture use and storage at Canadian operations
Canada’s largest diversified miner has set the pilot project at its Trail Operations metallurgical complex in southern British Columbia.
Kore Potash cuts Congo project costs by $520 million
Kore also reduced the construction period for its Kola potash project by six months to 40 months.
Evolution Mining drags Aussie gold peers down after downgrade
The Australian gold producer downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.
Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks
The Stillwater mine, which accounts for 60% of the company’s production in the US, may remain shut until August.
Cornish Lithium secures further $11m for UK project
The amount corresponds to the second tranche of a $22m funding package agreed with TechMet in November.
US allots $74 million to critical minerals mapping
Investment will fund research and mapping of areas with potential for critical minerals to strengthen key domestic supply chains.
De Beers sale shows stronger US and Chinese demand
De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.
AOMC, Odyssey merge to build $1B deep-sea miner
The deal reflects a push to secure critical minerals as AOMC builds a deep-sea portfolio spanning billions of tonnes of resources.