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.
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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.
Barrick to appeal Loulo-Gounkoto administrator appointment
One of Africa’s largest gold complexes has been closed since January due to a standoff over Mali's 2023 mining code raising taxes.
Debswana to approach capital markets to fund Jwaneng underground project
Despite the downturn in the global diamond market, the company is pressing ahead with its plan to prolong the lifespan of its flagship mine to 2054.
