November 14, 2024

Resolute CEO still held in Mali, diplomatic sources say, as shares suspended

The Malian military junta is seeking at least $161 million from the company to settle a tax dispute.

November 14, 2024

Hummingbird says Pasofino Gold sale in the works

Hummingbird 's 53%-owned subsidiary Pasofino Gold is now in talks with an unnamed interested party on a non-exclusive basis.

November 14, 2024

Antofagasta unveils South America’s first hydrogen train

Antofagasta is deploying the hydrogen-powered locomotive as part of efforts to reduce fossil fuel reliance and greenhouse gas emissions.

November 14, 2024

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

November 13, 2024

Abitibi Metals boosts resource by 62% at B26 polymetallic deposit in Quebec 

Indicated resources increased to 11.3 million tonnes from 6.9 Mt.

November 13, 2024

South African labour union to strike at ArcelorMittal over job cuts

Africa's biggest steel producer was rocked by a two-week wage strike in May 2022.

November 13, 2024

Mali seeks $160 million from Resolute Mining after detaining its CEO

The nation’s junta has been pushing firms with operating gold projects to come to the negotiating table.

November 13, 2024

Ontario to invest another C$13m in 84 mineral exploration projects

Last year, more than C$950 million overall was invested into Ontario’s exploration projects.

November 13, 2024

Troilus Gold signs LOI for $500m German loan for Quebec project

The loan is contingent upon Troilus signing an off-take agreement with Aurubis.

November 13, 2024

IMF urged to cash in on gold price to help poor countries hit by climate change

Sale of 4% of reserves could generate $9.52 billion.