February 20, 2024

Sayona delivers Moblan lithium feasibility with $1.6 billion NPV

Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.

February 20, 2024

Tudor Gold ups ounces, grades at Goldstorm deposit in British Columbia

An updated resource estimate published showed 27.87 million oz. of AuEq within 730.2 million tonnes at a grade of 1.19 g/t AuEq.

February 20, 2024

Goldman, hedge funds step up activity in physical uranium as prices spike

Shortfalls have lifted uranium prices to 16-year highs.

February 20, 2024

JSW Steel in talks with Whitehaven for coal mine stake

Whitehaven in January said it was exploring a potential sell-down of about 20% of its Blackwater mine.

February 20, 2024

First Quantum re-shuffles management at Zambian operation

The miner has lost more than half its market value since public protests against the Cobre Panama project started in October.

February 20, 2024

Osino-Dundee deal falls through after third-party superior bid

The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia.

February 19, 2024

Agnico Eagle taps Mexico workforce for Macassa gold mine in Ontario

As miners struggle to find skilled labour, few companies are open about hiring workers outside Canada to meet their needs.

February 19, 2024

Lucara Diamond revives sales deal with gem trader HB Antwerp

The Canadian miner said it will supply HB Antwerp with rough diamonds of 10.8 carats and above for 10 years.

February 18, 2024

Optimism for metals clashes with reality for juniors ahead of PDAC

Increasing funding for battery metal and uranium projects versus gold brings home the global energy transition but big financing deals for pre-production companies have almost disappeared.

February 16, 2024

Côté mine in Ontario to enter production next month, IAMGOLD says

Côté Gold will be the third largest gold mine in Canada with an expected mine life exceeding 18 years, the company said.