Tinka delivers Ayawilca PEA study
The PEA tables a C$363 million after-tax NPV, with an 8% discount rate, and a 27.1% after-tax IRR on the zinc sulphide deposit.
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Condor Gold attracts new investment in Nicaragua
Nicaragua Milling is taking a 10.4% stake in Condor Gold, which is advancing its La India gold project in Nicaragua.
Gold ETF inflows top 100 tonnes in August as havens triumph
Spot gold traded at $1,522.68 an ounce on Monday.
Rio Tinto takes GFG Alliance to arbitration over outstanding smelter payments
Rio sold the Dunkerque aluminium smelter in France to GFG for $500 million last year.
Australian lithium miners submerged by low prices
Australian producers are now scrambling to cut supplies as prices plummet on falling demand in the world's top electric vehicle market.
Greece will soon issue permits for Eldorado Gold’s project
Its planned investment in Greece has been viewed as one of the biggest in the country in years.
Freeport’s Cerro Verde expansion not touching farmland – media report
A regional ordinance states that the Freeport-McMoRan operation would only expand onto wasteland.
Global Energy Metals expands Nevada footprint
Global Energy Metals struck an option agreement in January with Nevada Sunrise Gold to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties.
Saudi Arabia creates new ministry of industry and mining
The move is understood as part of the kingdom’s strategy to diversify the economy away from oil.