October 25, 2022

Rio Tinto reiterates $3.3bn offer for Turquoise Hill after ISS recommends against deal

ISS on Monday had recommended Turquoise Hill shareholders to vote "against" the deal, joining the Canadian miner's second-largest shareholder Pentwater Capital Management.

October 25, 2022

Why Freeland’s “friend-shoring” is such a bad idea

Friend-shoring sounds good, but its harmful effects far outnumber its benefits.

October 25, 2022

Aya Gold & Silver secures $100 million financing for Zgounder mine expansion, shares rise

The proposed expansion would expand the mill's nameplate capacity to 2,700 t/d from 700 t/d, thus quadrupling Zgounder's silver production.

October 24, 2022

Responsible copper mining framework extended to nickel, zinc and molybdenum 

The Copper Mark extends its responsible mining assessment already covering a fifth of global copper production, to molybdenum, nickel and zinc with the launch of a pilot program. 

October 24, 2022

Kenorland, Sumitomo form JV at Chicobi gold project in Quebec

Sumitomo earned a 51% interest by completing C$4.9 million in exploration expenses.

October 24, 2022

Marathon Gold given Fisheries Act okay for Valentine project in Newfoundland

The company can now move forward with activities such as dewatering small freshwater ponds for open pit mine development.

October 24, 2022

Pure Gold places Ontario mine on care and maintenance due to cash constraints, stock crashes

The company says the mine has yet to achieve consistent positive site-level cash flows.

October 24, 2022

Newcrest suspends operations at Brucejack mine following “critical incident”

Incident involved an individual belonging to its mining and development contractor in British Columbia.

October 23, 2022

Scientists want to produce cosmic mineral to replace REEs in industrial magnets

Researchers are looking to decouple rare earths from magnet production.

October 21, 2022

Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC

An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.