Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….
Articles by Alisha Hiyate
Centerra Gold to launch arbitration against Kyrgyzstan over Kumtor mine
Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company’s Kumtor mine. In early May, lawmakers in Kyrgyzstan…
A realistic path for improved carbon performance in mining
The demand for improved environmental and social governance (ESG) continues to intensify. Of the many issues that ESG covers, it is carbon emissions that are receiving the most attention due…
Marathon raises $50m for Valentine project
Marathon Gold (TSX: MOZ) is raising $50 million (US$41.27 million) in a private placement to support exploration and development activities at its Valentine gold project in Newfoundland. A single institutional…
Iamgold to restart Westwood in second half of 2021
Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Québec in the second half of the year. The gold mine has been…
Mountain Province taps Dunebridge for US$33M loan
Citing “serious financial difficulty,” Mountain Province Diamonds (TSX: MPVD) has again tapped its largest shareholder for a loan, this time adding a US$33 million term loan facility to its existing…
Iron ore prices hit new record
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply. The record price levels are supported by…
Black Iron negotiates offtake and financing with Cargill
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production from its Shymanivske iron ore…
Barksdale acquires Arizona copper projects from Rio Tinto
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of…
Canadian Gold Snapshot: Eight juniors seeking more yellow metal
High gold prices continue to make the precious metal one of the most sought after metals in Canada. Even companies with production are exploring for more. And there may be…
Deadly shootout in Brazil’s Amazon as illegal miners enter indigenous land
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous community opposed to their presence…
Mining legacy processes setting the industry behind in sustainability targets – report
A report commissioned by Glasgow-based engineering company the Weir Group warns that the total amount of power used in hard rock mining is equal to 12 exajoules per year or…