August 16, 2022

Magna Mining acquires Crean Hill mine with Lonmin Canada takeover

The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.

August 16, 2022

VIDEO: VMS deposits present exciting new zinc-copper-gold discovery opportunities in Mexico

Volcanogenic massive sulphide deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps worldwide.

August 16, 2022

Pure Gold expects improvements in Q3; PFS on track for Q4

Gold production fell during the second quarter 2022 due in part to cash-preservation measures taken by the company.

August 16, 2022

Zinc price hits two-month high as Nyrstar halts production

Budel smelter in the Netherlands will be put on care and maintenance from September 1 until further notice.

August 16, 2022

World’s top jewellery maker Pandora ditches mined diamonds

The Pandora Brilliance collection, to be launched across US and Canada, is also the first crafted with 100% recycled silver and gold.

August 15, 2022

Taseko granted draft permit for Florence copper project in Arizona

The US Environmental Protection Agency has issued a draft underground injection control licence for the project.

August 15, 2022

Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in Canada

The partners have created a new company, Hard Creek Nickel Corp, to develop the nickel-cobalt deposit in northern British Columbia.

August 15, 2022

Turquoise Hill rejects Rio Tinto’s $2.7 billion takeover offer

Decision blocks Rio Tinto’s efforts to gain greater control of the giant Oyu Tolgoi copper-gold mine in Mongolia. 

August 14, 2022

Mexican government issues temporary suspension to 10 mining concessions

Mexico’s General Directorate of Mines issued a temporary suspension to 10 mining concessions that need to prove compliance with safety standards.

August 12, 2022

Risk-on rally pushes copper price towards a 3% weekly gain

Data showed that euro zone industrial production grew three times more than expected in June.