Eldorado fully funded to complete Skouries build after EBRD investment
The project is expected to produce a total of 140,000 oz of gold and 67 million lb of copper per annum over a 20-year mine life.
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Fura Gems to invest more than $200m in Colombia mine over five years
The company is holding its fourth auction of uncut emeralds from its Coscuez mine in central Boyaca province this week.
Hecla Mining fined for hazardous waste management at silver mine in Alaska
The violation occurred at Hecla's Greens Creek Mine in Alaska, which is the largest silver mine in the United States.
Filo private placement balloons 30% to $97.5 million
Proceeds will be used for its Filo del Sol copper-gold project in the San Juan region of Argentina.
Mayfair reports 16% more gold, 8% better grade at Fenn-Gib
Compared to the resource update of October 2022, the new numbers represent a 16% increase in contained gold and an 8% increase in the grade in the indicated material.
Gold price gains in run-up to Fed policy decision
Markets are expecting the US central bank to keep interest rates unchanged following signs of slowing inflation.
Ghana plans to process its first lithium locally
Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024.
Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s production has dropped more than 11% to a 25-year low in 2023, despite investing about $3.5bn a year to revamp its aging mines.
Striking Newmont miners have funds to extend Mexico stoppage
About 2,000 unionized workers at the Peñasquito mine downed tools to push for clarification over profit-sharing terms.