IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million
The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.
Cecilia Jamasmie , Editor-in-Chief
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BHP to grow potash business to size of iron ore — report
Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.
Osisko Gold grabs Orion’s metals portfolio in $1.13 billion deal
Acquisition will help the Canadian company expand its diamond, gold and silver asset base.
Detention of illegal Chinese miners in Zambia infuriates Beijing
The group of 31 people arrested over the weekend at the copper-mining town of Chingola, includes a pregnant woman and two other people with malaria.
Trump urged to end uranium mining ban near Grand Canyon
Supporters of the moratorium, which expires in 2032, say new mining activity will likely boost the risk of uranium-contaminated water flowing into the Canyon.
Gemfields steps up fight against takeover by largest investor
Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.
Iron ore plunge hurting miners — down to fresh 7-month low
Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.
Second round of hearings for Nunavut gold mine rejected by review board kicks off
The four-day review that begins today marks the first time in 20 years the NIRB has been asked to reconsider a decision on a project and go through another review process.
Kinder Morgan Canada falls in trading debut on concerns over Trans Mountain project
Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.
Diamcor just found this rare green diamond at S. Africa project
The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.