Blue Gold secures $140M to restart Ghana gold mine
Funds are in escrow as Blue Gold awaits a lease dispute resolution, saying it’ll drop litigation if settled immediately.
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Iamgold hits record gold output, powers up Canadian growth
Its three mines: Côté, Westwood and Essakane, produced 190K oz of gold this quarter, pushing year-to-date output to 524K oz.
Kinterra Capital receives $200M in indicative EXIM support for Pumpkin Hollow restart
Letter of interest outlines $180m in potential funding to complete the fully financed restart of the underground copper mine in Nevada, and $20 million to advance technical work.
Sandvik introduces world’s first battery-powered cable bolter
DS422iE is a battery-electric rock reinforcement drill rig designed for cement grouted cable-bolt installation in underground mines and tunnels.
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a C$2 billion sovereign fund for critical minerals.
Gold price slumps as traders mull rate outlook
Gold fell the most in a week as the dollar hit a multi-month high.
Once a lithium darling, Sigma’s woes mount with 29% stock rout
Sigma has lost almost one-third of its market value this week amid growing doubts about near-term production and potential delays to a key expansion project.
MMG hit by EU probe of $500 million Anglo deal
Regulators warned that the Brazil nickel deal threatens the bloc’s stainless-steel industry.
Perth Mint’s October gold sales hit three-year high
Silver product sales rose about 83% month-on-month to their highest level since September 2023.
