December 20, 2024

Petra Diamonds cuts forecasts, jobs amid market weakness

Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.

December 19, 2024

Asante nets $500m forward purchase deal for gold produced at Bibiani

The Vancouver-based gold miner said it expects gold production at Bibiani to exceed 15,000 oz. per month by mid-year.

December 19, 2024

Panama president sees no environmental threat from copper at closed First Quantum mine

Environmentalists as well as mining companies had raised concerns over risks from leaving the copper on site.

December 19, 2024

Mercuria partners with Zambia on metals trading venture

The joint venture will buy and sell copper domestically and for export, and over time will take responsibility for trading Zambia’s share of copper output from mines.

December 19, 2024

Silver Mountain receives go-ahead to restart Reliquias mine in Peru

Once restarted, the Reliquias project would deliver approximately 2.2 million oz. of silver-equivalent production annually over a nine-year life.

December 19, 2024

Peninsula Energy restarts uranium production at Lance project in Wyoming

Peninsula is anticipating 600,000 lb. of U3O8 production at Lance during the 2025 ramp-up year.

December 19, 2024

Standard Lithium’s Arkansas pilot plant begins operations

The company is now operating the plant at its South West Arkansas project.

December 19, 2024

BC mining groups reject permitting delays, economic benefits study

MABC CEO Michael Goehring called the study’s methodology unsound and its conclusions deceiving.

December 19, 2024

Triple Flag to acquire royalty on Tres Quebradas lithium project

The lithium brine project in Catamarca province is expected to start production in the second half of 2025.

December 19, 2024

Montage Gold breaks ground at Koné project

The Koné gold mine will be in production for 16 years and is anticipated to deliver first output by the second quarter of 2027.