UAE suspends 32 gold refineries in money-laundering crackdown
The shuttered facilities — which represent about 5% of the UAE’s gold sector — will be halted until Oct. 24.
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Arizona Sonoran Copper PEA quadruples Cactus project’s NPV
The after-tax $1.5 billion NPV increases to over $2 billion, in contrast with a February pre-feasibility study.
Antofagasta, ABB partner to accelerate decarbonization initiatives in mining
The goal is to develop and implement a net zero emission haulage solution by leveraging ABB’s expertise as well as its eMine solutions.
Excelsior kicks off construction of Johnson Camp copper mine in Arizona
Mining is expected to commence as soon as year one with first copper produced in the first half of 2025.
Gold Fields warns of profit plunge after production decline
The miner said the drop in production was due to challenging ground conditions at South Deep mine.
Triple Flag to acquire gold streams on Allied Gold’s Agbaou and Bonikro mines
The Agbaou and Bonikro mines are located in Côte d’Ivoire within the Birimian Greenstone Belt.
Africa’s top gold producer opens first plant to refine bullion
The Royal Ghana Gold Refinery aims to refine 400 kilograms of gold a day, sourcing the raw material mainly from artisanal and small-scale mines.
US Strategic Metals tapped for $400 million EXIM Bank loan
The company plans to mine what it considers to be the largest cobalt reserve in North America.
Video: Uranium Royalty taps market rebound
Rising demand for nuclear energy has brought back uranium from a decade-long slump.