Dundee to acquire Osino’s Twin Hills gold project in Namibia for $214 million
Twin Hills is an open-pit project with a 13-year mine life and average annual production of 175,000 oz. gold over the first five years.
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Cordoba’s Alacran copper project enters development stage after FS delivered
The FS reinforce a majority of metrics and economic figures presented in the project's 2022 pre-feasibility study.
Nornickel joins stainless steel factory project, aims to increase nickel sales
Annual production at the new plant is expected to be up to 500,000 metric tons per year.
US Strategic Metals secures additional $230m funding for Missouri-based cobalt-nickel mine
USSM is developing its cobalt-nickel mine and battery metals recycling facility in Missouri.
Novo Resources forms JV with SQM on lithium-nickel exploration in Australia
SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo.
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
The expanded reserves will feed higher current production, which was 17,316 oz. in the third quarter.
Nippon Steel agrees to buy US Steel for $14.1 billion
The deal caps months of uncertainty over the future of the iconic American company.
Panama rejects Orla Mining’s request for permit extension
The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether.
Burkina Faso replaces mining minister as gold output drops
Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022.
