Pure Gold on track to open Red Lake mine this year
The Canadian junior is targeting the end of 2020 for the first gold pour at the high-grade, past-producing mine.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
SolGold scores $150m in funding from Franco Nevada
The Ecuador-focused copper and gold miner will use the funding to speed up a feasibility study of its Alpala project.
Demand for battery metals to jump 500% by 2050
The World Bank estimates that over 3 billion tonnes of minerals and metals will be needed to meet the growing demand for clean energy technologies.
Shandong Gold grabs TMAC for $149 million
TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.
Lucara Diamond in the red as market conditions worsen
Lucara lost $3.2 million in the first three months of the year, compared to $7.4 million in earnings in Q1 2019.
Albemarle eyes Tianqi’s stake in world’s largest lithium mine
The world's top lithium miner said it was interested in buying all or part of Tianqi's stake in Greenbushes mine.
Anglo American to spin off South African coal mines
While a demerger is Anglo’s preferred route, it did not rule out other options for the coal mines in South Africa, such as a trade sale.
Barrick cuts 2020 guidance, faces $191m bill in PNG
Dispute with PNG over Porgera mine has done what a pandemic did not — dent the gold miner’s expected output for the year.
Russia questions legality of US-planned moon mining pact
The Kremlin says legal framework for mining on the moon should be examined to make sure it complies with international laws.
Uralkali slams Belarus – China potash deal
Russian producer said it might not be prepared to conclude contracts at the $220 per tonne price agreed between BPC and China.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
