Kinross Gold to buy Great Bear for $1.42 billion
Great Bear Dixie project in northwestern Ontario is considered one of the most important Canadian gold discoveries in modern history.
Latest Stories
Gold demand in India seen best in a decade in festival quarter
India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows.
Mining companies express worry over Ecuador court ruling
There are two major gold and copper mines operating in Ecuador's Amazon region, while other projects have been halted by community opposition.
Swedish consortium gets funding to commercialize grid-scale energy storage concept
Mine Storage aims to build the world’s first commercial underground mine storage facility.
Metso Outotec awarded with more than 100 new Life Cycle Services agreements in 2021
The customer base for the new agreements covers global and regional mining companies and large as well as mid-size quarries and aggregates contractors.
Russian billionaire Potanin faces $7 billion divorce claim in London
His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel.
Copper price rises while Commerzbank sees setback in 2022
The global refined copper market is expected to be in a significant surplus in 2022, according to ICSG.
Noram Lithium PEA places Zeus project in Nevada at $1.29bn NPV
Production over life of mine (LOM) would reach 245.4 million tonnes, averaging 1,093 ppm Li.
European zinc smelter power woes spark scramble for metal
The zinc market is turning out to be considerably tighter than anyone expected just a few months ago, writes Andy Home.
