December 9, 2024

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

December 9, 2024

Torex Gold’s ELG underground mine resumes operations following fatalities

The 24-hour standdown at ELG, according to Torex, would not impact its 2024 production guidance.

December 9, 2024

GoviEx initiates arbitration against Niger in uranium permit dispute

With the recent recovery in uranium prices, the Madaouéla project was poised for development, with first production targeted for 2025.

December 9, 2024

Lundin sells European mines to Boliden for up to $1.45 billion

Neves-Corvo in Portugal and Zinkgruvan in Sweden will nearly double Boliden’s zinc output and boost copper production by 43%.

December 6, 2024

VIDEO: Orla Mining to double annual gold output after buying Musselwhite mine from Newmont

Musselwhite will take Orla from a single-asset producer to a multi-asset miner, as it already operates at the Camino Rojo mine in Mexico.

December 6, 2024

Quebec appeals ruling that scuttles online mapping claims due to Indigenous rights

There is a recent trend in Canadian courts recognizing that the duty to consult is triggered at the claim registration stage.

December 6, 2024

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

December 6, 2024

Canada Nickel hits high grades at Bannockburn site south of main Crawford project

Bannockburn, located about 20 km west of Matachewan in Ontario, is just north of Canada Nickel’s Midlothian and Sothman properties.

December 6, 2024

Dealmaker sues Randgold for up to $18 million over Barrick merger work

Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement.

December 6, 2024

Torex Gold reports fatalities at Mexican underground mine, shares plunge

As a result of the incident, activities at the ELG underground mine have been suspended.