February 26, 2024

Fury Gold Mines buys Newmont’s 50% stake in Éléonore South project in Quebec

Newmont said last week it planned to sell six non-core assets.

February 26, 2024

Rio Tinto gets $13 million from Canada to decarbonize iron ore processing

The government funding represents about 25% of the total cost of the project in Labrador West.

February 26, 2024

Patriot Battery Metals aims to fast-track Corvette lithium production

From discovery in 2017 to an initial resource in 2023 that outlined one of the largest lithium pegmatite resources in the Americas, the company’s now eyeing its next milestone.

February 26, 2024

BMO bankers sent each other crude memes before they were fired

Multiple former employees who spoke with Bloomberg also said it wasn’t the first case of crude jokes being circulated.

February 26, 2024

Orla Mining expands Nevada landholding with Contact Gold acquisition

This move, says Orla, allows the company to consolidate landholdings within the Railroad-Pinion district.

February 26, 2024

MIND ID to acquire 14% stake in Vale Indonesia

The divestment is a key condition for the extension of Vale Indonesia's mining permit beyond 2025.

February 25, 2024

China’s Yintai Gold to buy Osino Resources for $272 million

The deal also will help Osino fast-track development of the wholly owned Twin Hills gold project in central Namibia.

February 25, 2024

Global uranium production to increase 11.7% in 2024  — report

The production rise will predominantly come from key producers Kazakhstan and Canada, says GlobalData.

February 25, 2024

Feds must force pensions to fund Canadian mining, Lassonde, Giustra say 

Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country.

February 25, 2024

What to expect in 2024 after diamond sector’s price plunge  

Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.