March 7, 2024

China splurges on gold for a 16th month as price hits record

Bullion held by the People’s Bank of China rose by about 390,000 troy ounces last month.

March 7, 2024

OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t

Waihi North is a proposed underground mining project in New Zealand anchored by the Wharekirauponga development.

March 7, 2024

Polymetal shareholders approve sale of Russian assets

Shareholders approved the sale of its Russian assets to a Siberian gold miner.

March 7, 2024

Fortuna Silver takes $90.6m charge on Mexican mine closure

It will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves.

March 6, 2024

Canada plans scrutiny of Chinese offtake deals, minister says at PDAC

Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral…

March 6, 2024

O3 Mining wins 2024 PDAC Sustainable Development Award

This award is given for "demonstrating an exceptional commitment to sustainable development in the mining industry".

March 6, 2024

Gold price continues ascent to new highs, nears $2,150/oz

Spot gold rose another 1% to a fresh high of $2,149.25 an ounce, surpassing Tuesday's intraday high of $2,141.60 an ounce.

March 6, 2024

Diamonds can help speed up EVs’ charging time

A diamond nano-membrane is extremely effective at distributing heat and significantly reducing battery charging time.

March 6, 2024

SolGold soars on $3.2bn investment, largest in Ecuador history

Committed funds add to a previous $311 million the company vowed to invest in its Cascabel copper-gold project.

March 5, 2024

Chinese money can’t be solution for cash-strapped Canadian miners, minister says

Chinese investors will all have to go through a national security review, Natural Resources Minister Jonathan Wilkinson said Tuesday.