September 20, 2024

Short-seller blasts New Found Gold for lack of resource after drilling

Iceberg Research alleges the company is trying to hide the project’s lack of consistent gold mineralization.

September 20, 2024

Zambian miners resist state taking bigger stake in resources

The Zambia Chamber of Mines met with the mining ministry on Friday to “reach an amicable settlement” on the contested clause.

September 20, 2024

South32’s Arizona manganese plant tapped for $166m US government grant

The DOE funding would provide 30% of the cost of its proposed manganese production facility, said the Australian miner.

September 20, 2024

Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal

Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories.

September 20, 2024

Rinehart’s Hancock Prospecting secures permit for McPhee iron ore mine

The McPhee Creek project, about 100km north of Rinehart's Roy Hill mine, was originally slated to begin ore production in 2023.

September 19, 2024

Rock Tech scoping lithium converter in Ontario with $1.7bn NPV

The company is building a fully permitted lithium converter in Germany.

September 19, 2024

Asante Gold begins mining from third satellite pit at Bibiani

Over the next 30 months, the Russel pit is expected to deliver a total of 1.9 million tonnes at 1.62 g/t to the Bibiani process plant.

September 19, 2024

Gold Reserve drops out of US bidding for shares in Citgo parent

Houston-based Citgo is the crown jewel of Venezuela's companies overseas.

September 19, 2024

West Red Lake Gold begins test mining and bulk sampling at Madsen in Ontario

The program will run for four months to support restarting production next year.

September 19, 2024

FATF asks for tighter checks on India’s precious metal deals

The South Asian nation has about 175,000 businesses in this sector, but only some 9,500 are registered.