Zimbabwe said on Friday that it will launch a new currency backed by the country’s gold reserves, the latest move by President Emmerson Mnangagwa’s government to stabilize its fast devaluing currency….
Stanmore Resources (ASX: SMR) is buying the rest of the Eagle Downs metallurgical coal project in Queensland, from Aquila Coal, after making a deal in February with South32 (LSE: S32;…
The mining industry, still considered by many to be one of the most technology-adverse sectors, has embarked on a journey to revolutionize its operations that goes beyond automation and touches…
Barrick Gold’s (TSX: ABX; NYSE: GOLD) ongoing push to expand its global portfolio has prompted the company to revisit its presence in the Latin American market. The world’s second largest…
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…
Mining and commodities trader giant Glencore (LSE: GLEN) has agreed to supply up to 7,000 tonnes of contained cobalt per year to U.S.-based EVelution Energy as a way to support…
African Rainbow Minerals (JSE: ARI) is buying a 15% stake in British Columbia-focused explorer Surge Copper (TSXV: SURG) for $3.8 million, boosting the South African miner’s exposure to copper. South…
Paladin Energy (ASX: PDN) says it’s begun producing and drumming uranium concentrate at its Langer Heinrich mine in Namibia, adding it would now focus on ramping up operations and building…
Gold Fields (NYSE: GFI; JSE: GFI) has finally achieved first production at its Salares Norte gold mine in Chile, following years of development plagued by challenges including relocating a handful…
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) has submitted an application to build a downstream battery anode facility to process graphite in the African island nation of Mauritius. The plant will…
An internal investigation into Endeavour Mining’s (TSX: EDV; LSE: EDV) former chief executive Sébastien de Montessus has concluded he intentionally concealed payments totalling US$15 million to an undisclosed third party…
Hummingbird Resources (AIM: HUM) says it won’t reach commercial production at its Kouroussa gold mine in Guinea by the end of March a planned because its main mining contractor stopped work…
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