Novo sells New Found Gold stake to Sprott for $100 million
NFG's flagship asset is the 100%-owned Queensway project in Newfoundland.
Latest Stories
Electric vehicle growth outpaces installation of battery chargers
The number of EVs on the road per public charging point globally rose to 9.2 at the end of last year, from 7.4 at the end of 2020.
Lundin Gold’s quarterly production reaches all-time high
The Fruta del Norte mine produced 121,665 oz. of gold, a 16.8% improvement over Q1 2021.
European coal price reaches one-month high as Russia supply curbs bite
The European Union, UK and Japan plan to phase out imports of the fuel to try to cut off a source of revenue for Moscow.
Polish mining equipment maker Famur to focus on ‘green’ sector
Company wants to explore new business areas including heating, ventilation, air conditioning, cogeneration, electromobility and smart grids.
The near-500% rally in lithium price is showing cracks in China
Lithium prices seem to be losing momentum in China, as the nation’s worsening coronavirus outbreak has upended the electric-vehicle supply chain.
Newmont becomes sole owner of Yanacocha gold mine in Peru
The world’s no. 1 gold company is buying the 5% stake Sumitomo has in the Peruvian gold mine for $48 million.
NORCAT partners with Vector Institute on AI training program
Partnership designed to provide technical training and talent resourcing to support the advancement of machine learning in the mining industry.
American, UK companies join forces to develop largest uranium prospect in Argentina
Evolution Metals acquired a significant position in UrAmerica, the owner of the largest prospective uranium deposit in Argentina.
