September 16, 2024

Gowest Gold preps to go private as Chinese investors hold almost half of shares

The move coincides with some Canadian junior companies expressing frustration with the federal government for stymieing foreign investment in critical minerals.

September 16, 2024

Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana

Last month, the miner unearthed the second-largest diamond ever found.

September 16, 2024

Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion

The miner is actively looking for copper projects in Peru that can yield at least 50,000 tonnes of the red metal for 10 years or more.

September 16, 2024

CarbonScape picks site for biographite production demo plant

CarbonScape is developing a low-cost and carbon-negative biographite made from wood biomass.

September 16, 2024

Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025

The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate.

September 16, 2024

Zimbabwe to tackle gold smuggling by boosting mine surveillance

The country loses $1.5 billion of gold a year to smugglers.

September 16, 2024

China’s grip on rare earths undercuts projects from US to Japan

A slump in prices since 2022 is undermining the business case for rare earth projects.

September 16, 2024

Chinese investor steps in to block Paladin’s Fission Uranium buy

CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up.

September 15, 2024

Dearth of quality new gold discoveries to stifle supply — report

S&P also says it expects gold supply to peak in 2026 at 110 million ounces.

September 15, 2024

Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion

After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding.