Vale’s new CEO to focus on boosting iron ore despite weak demand
Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton.
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Equinox Gold celebrates Greenstone mine opening with 3,634 km ride, $1 million donation
The cycling journey is part of the celebrations leading up to the mine’s official opening on Aug. 29.
Gold price retreats as traders await more US data
Bullion has surged by more than 20% so far this year, boosted by rate cut expectations and robust purchasing by central banks.
Red Pine resource update bumps tonnage by 15 times for Wawa gold project in Ontario
The update outlines 14.7 million indicated tonnes grading 1.8 grams gold per tonne for 842,000 oz. gold.
Fission Uranium moves forward with engineering phase for PLS project in Saskatchewan
The EIS permitting process, including a ministerial decision, is anticipated to conclude in the fourth quarter 2024, the company said.
O3 Mining raises $15.6 million for gold projects in Quebec
Overall, the company’s eight projects host 2.9 million oz. of measured and indicated gold resources at 1.18 g/t.
Madagascar’s Ambatovy nickel project companies file restructuring plan
Sumitomo owns a 54.2% stake in the project companies.
Borealis pours first gold as Nevada mine’s new owner
The Borealis project consists of a fully permitted mine equipped for present operations and future expansions.
G Mining receives operating licences for Tocantinzinho gold project in Brazil
Licenses were the final permitting milestone needed for commercial operations, which are expected to begin in the second half of 2024.
