Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…
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UK’s Cornish Lithium seeks $17M in last-ditch effort to avoid collapse
Cornish Lithium, a start-up that attracted the interest of the battery metals sector with its plans to open a lithium mine in the UK, has warned it could go bust…
GMS Video: Data shows ‘hydrocarbons’ have been the culprit in rising mining costs
Capital and operating costs have risen rapidly for miners in the past couple of years as inflation has set in, but where exactly have costs risen the most? Costmine vice-president…
TNM Drill Down: Mayfair near Timmins tops gold assays for June 19-23
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider…
Bunker Hill closes US$67M deal to restart Idaho mine
Bunker Hill Mining (CSE: BNKR) says it is ready to restart the past-producing Bunker Hill silver mine project in Idaho after closing a US$67-million deal first announced on May 23….
Denison boosts economics for Phoenix, updates Gryphon costs
Denison Mines (TSX: DML) has released results of a feasibility study completed for in-situ recovery (ISR) mining of the high-grade Phoenix uranium deposit, part of its 95% owned Wheeler River…
AngloGold to build one of Australia’s largest renewable energy projects
The wind and solar power plant will halve gas consumption at its Tropicana gold mine in Western Australia.
MAC seeks to ‘literally change the face of the mining sector’ with new EDI standards
The Mining Association of Canada (MAC) has published a brand new Towards Sustainable Mining (TSM) protocol focused on improving performance in the areas of equity, diversity and inclusion (EDI). Released in…
Patriot Battery Metals rebuffs company sale report
Canadian lithium explorer Patriot Battery Metals (TSXV: PMET; ASX: PMT) has refuted a media report suggesting that it had appointed Macquarie Capital to seek out potential buyers for the company….
Northern Dynasty’s Pebble copper mine gains more time
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will have to wait until the end of the week to hear the US Army Corps of Engineers’ comment on future plans regarding…
GMS Video: SCP Resource sees opportunity in M&A, ‘ultra-low’ junior valuations
SCP Resource Finance was formed in May, after a management-led buyout of Sprott Capital Partners from Sprott Inc. At The Northern Miner’s recent Global Mining Symposium, Brandon Gaspar, VP and…
Site visit: Alamos Gold targets low-cost output title by 2026 after billion-dollar upgrade
Alamos Gold (TSX: AGI; NYSE: AGI) is spending about a billion dollars to become the lowest-cost producer in Canada within three years. The target is US$576 per oz. all-in sustaining…