New Gold on track to open Ontario mine in September
Once at full-tilt, Rainy River mine is expected to generate an average of 325,000 ounces of gold a year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
US Supreme Court rejects New Mexico’s suit against Colorado over mine spill
Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit.
Search for two workers trapped at Mandalay’s mine in Chile fails
Both authorities and the Canadian miner company have officially ruled out possibility of finding them alive.
Canada’s Mkango to start mining rare earths in Malawi in 2020
The company, which has been present in the south-eastern African country for more than a decade, says that by 2021 will be producing 3,000 tonnes of rare earths per year.
Pallinghurst shareholders back acquisition of Gemfields
Gemfields has been at the centre of a bidding war between the South African private equity group and Fosun Gold, a unit of Fosun International.
Canada’s Zonte Metals sues Colombia over gold permit rejection
The junior miner claims the Department of Antioquia's mining authority did not process its exploration application in accordance with the country’s mining code.
Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal
The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide.
Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets
Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.
SolGold up on Ecuador project results, Canada listing
Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.
Chilean experts confirm Mandalay’s mine fully flooded, including trapped workers shelter
Chances of finding the missing workers alive are almost nil, they say.
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.
