NexGen, Metis Nations sign IBA for Rook 1 uranium project in Saskatchewan
The IBA defines the environmental, cultural, economic, employment, and other benefits to be provided and to confirm consent and support.
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Mining People: Aben, Avalon, GR Silver, MAC, Patriot Battery, Silver Mountain
Key moves in the mining sector.
First Quantum rebuffs informal approach from Barrick Gold
Barrick made overtures to First Quantum in the last few months as part of its search for ways to expand in copper.
Artemis adds $40m to Blackwater gold mine budget to optimize build
With a price tag of over $1 billion, Blackwater is one of the largest capital investments in British Columbia in 10 years.
Argonaut pours first gold at Magino, expects commercial production in Q3
Once in production, Magino is expected to produce between 72,000 and 81,000 oz. of gold in 2023.
Sibanye CEO expects South Africa’s platinum output to rebound in 2024
The World Platinum Investment Council has forecast a global deficit of nearly 1 million ounces of platinum this year.
Chinese miners try livestream sales to shift coal glut
With coal inventories at China's ports and power plants reaching record highs in recent weeks, some miners are getting more creative in their customer outreach.
Aurubis welcomes investigation into organized theft ring
Some of the suspects were arrested and are now in custody.
Impala Platinum’s Zimbabwe unit eyes expansion into lithium
The miner still sees a future in Zimbabwe and is on the lookout for opportunities to invest in other mining areas.