Mali starts construction of Russia-backed gold refinery
The 200-tonne capacity facility, in which Mali has a controlling stake, will be built with Russia's Yadran Group and a Swiss firm.
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US looks to impose fresh steel, aluminum tariff quota on UK
The quota plan is conditioned upon the United Kingdom's meeting certain requirements.
Augusta receives EXIM letter for $50M loan to build Nevada gold mine
The Reward project is expected to produce approximately 39,000 oz. over a 7.6-year life.
Newmont sells exploration projects in Australia to Inflection Resources
Company to acquire a 100% interest in a portfolio of copper-gold exploration projects in New South Wales and the Northern Territory.
G-7 works to secure critical minerals in face of China curbs
G-7 leaders aim to agree to a statement at their meeting in Kananaskis, Canada, to establish an “action plan” to diversify supplies.
Vale obtains preliminary license for Bacaba copper project in Brazil
The miner expects to invest about $290M during the project’s implementation phase.
Hudbay resumes operations in Snow Lake after evacuation orders lifted
Hudbay expects to ramp up gold milling at its New Britannia facility this week.
Westhaven Gold receives $2.3M investment from Sprott, EarthLabs
The funds will be used to advance its properties in the Spences Bridge gold belt of southern British Columbia.
Sprott to buy $200M of uranium for special fund
The investment comes after spot uranium prices rose about 5.5% in May.