Allied Gold nets nearly $500M from UAE for Mali
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Articles by Mining.com Staff
US, Ukraine reach minerals deal
The United States and Ukraine have reached terms on a critical minerals deal, media outlets including the Financial Times reported on Tuesday, in a move the Trump administration regards as…
Exploding fire extinguisher kills Fortuna miner
Canadian precious metals miner Fortuna Mining (TSX: FVI; NYSE: FSM) reported Tuesday the death of a contracted employee at its Séguéla gold mine in Côte d’Ivoire, following an incident involving…
Congo warns US, Europe not to buy ‘looted’ minerals from Rwanda
President Felix Tshisekedi urged direct trade and didn’t rule out a minerals deal if tied to ending the nation’s conflict.
Sigma Lithium set to double production capacity in Q4
Sigma Lithium (TSXV, NASDAQ: SGML) is on track to double its production capacity in 2025, anticipating the commissioning of a second lithium beneficiation plant in Minas Gerais, Brazil, in the…
China’s Yancoal earmarks $1.2B to expand
China-backed Yancoal (ASX: YAL) plans to invest its A$1.8 billion (US$1.2 billion) capital reserve into acquiring new assets, potentially beyond Australia and even outside the coal sector. The company, which…
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
American Rare Earths boosts oxides 10x
American Rare Earths (ASX: ARR) now has 10 times the total rare earth oxides (TREO) concentration at its Halleck Creek project in Wyoming. The TREO jumped to 3.72% from 0.34%…
Barrick to pay Mali $440M: report
Barrick Gold (NYSE: GOLD; TSX: ABX) has signed a new agreement with the Malian government to end the dispute over its mining assets in the West African country, Reuters reported,…
Century-old 1B-lb copper project sells for $26M to mystery buyer
World Copper (TSXV: WCU; US-OTC: WCUFF) is divesting its interest in the Zonia copper oxide project to an unnamed arm’s-length party for $26 million. The project’s new owner is a…
Northisle PEA doubles value of BC copper-gold project
Northisle Copper and Gold (TSXV: NCX) has issued a new preliminary economic assessment (PEA) for its North Island project that almost doubles the net present value, raises the internal rate…
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…