Acacia Mining says West Kenya project holds high-grade gold
With six drill rigs currently active on site, and two more to follow soon, Acacia expects to increase the resource to 2 million ounces by the end of the year.
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Northam Platinum buys Eland mine from Glencore
Northam Platinum’s strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencore’s Eland Platinum mine for R175m cash.
Have the majors given up on Canada’s oil sands?
Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently.
Changes to U.S. coal mining royalties blocked
The Trump administration has made another pro-coal decision, this time relating to how Washington calculates royalties on coal mined from federal and Indian lands.
IOC green-lights new iron ore pit in Labrador
The Iron Ore Company of Canada (IOC) is taking advantage of rocketing iron ore prices by pushing forward with its Wabush 3 iron ore mine in Labrador, Canada.
Top 10 lowest cost gold mines make money if price falls 50%
The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.
Scientists find new way to extract uranium from seawater
A practical method for extracting the uranium present in the oceans could help make nuclear power a viable part of the quest for a carbon-free energy future, researchers say.
Gold, silver prices at 15-week highs as Trump trade unwinds
Precious metals erase nearly all post-election losses – silver price enjoys longest weekly winning streak in more than a decade.
US Lithium to mine for copper, nickel, cobalt in Canada’s Saskatchewan
The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
