Karora Resources to sell 28% of Quebec nickel project
The company is selling its interest in Dumont to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.
Latest Stories
South Africa mines minister hospitalized with covid-19
Gwede Mantashe, who is also chairman of the ruling ANC party in the African nation, went into self-quarantine about a week ago.
Gold price surpasses $1,860 – highest since 2011
Bullion has surged nearly 22% this year and is now within $70 of an all-time high.
Sandvik to deploy Nokia 5G wireless network at test mine
5G capability will also be used for automated mining processes and enabling remote machine operations.
Lynas output nearly halves on virus-linked plant halts
Production of NdPr fell to 775 tonnes in Q4 from 1,505 tonnes a year earlier.
BHP faces biggest UK class action over Brazil dam collapse
Local groups are seeking a total of 5 billion pounds ($6.33 billion) for the collapse of the Fundão Dam.
Danakali scores Eritrea nod for vast potash mine
The Eritrean Ministry of Energy & Mines has given Danakali the green light to develop its Colluli potash project.
Premier Gold terminates 40% of workers at Mercedes mine in Mexico
Strategy entails consolidating production to one mine portal from five and reducing the mining rate to 1,200 tonnes per day.
Noram Ventures to drill at Zeus lithium project in Nevada
The Canadian miner says there is increased interest in lithium claystone deposits in the Clayton Valley.