Perseus extends OreCorp takeover bid to April
Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.
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China coal group says peak demand imminent as clean power grows
Coal is being displaced in the power sector due to a surge in wind and solar additions last year, says the China National Coal Association.
British Columbia puts restrictions on mineral claims, mining in two First Nations territories
Province protects Gitxaała and Ehattesaht Nations interests while it works to modernize BC’s Mineral Tenure Act.
US backs Australian, Brazil rare earths projects for up to $850 million
If confirmed, this would be the first ever US investment in an Australian rare earths project.
Panama asks First Quantum to suspend visitor program at disputed copper mine
The company is seeking $20 billion from the Panama government through international arbitration.
Zinc price rallies as traders unwind bearish bets on better outlook
Support has also come from a report this week that South Korea’s Young Poong Corp. cut production at its Seokpo smelter.
From competitor to partner, AI joins forces with explorers
Explorers now have to compete with a tech sector foaming on steroids… artificial intelligence.
Forsys Metals shares jump on uranium project licence renewal
Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years.
Karora in merger talks with Ramelius Resources
The Canadian gold miner has its integrated Beta Hunt Gold Mine and Higginsville Gold Operations in Western Australia.