Barrick Gold, PNG ink new deal to restart Porgera mine
Through the New Porgera Progress Agreement (NPPA) all parties have committed to resume Porgera’s operations as soon as possible.
News
New tool could help Brazil’s crack down on illegal gold mining
Brazilian gold aggregator Fênix DTVM and Minespider, which runs a traceability platform for tracking down the precious metal through the supply chain, completed this week the first stage of a project…
First Quantum to take majority stake in Rio Tinto’s Granja copper project in Peru
First Quantum Minerals (TSE: FM) has agreed to partner with Rio Tinto (NYSE: RIO; ASX: RIO) to develop the La Granja project in Peru, forming a joint venture that will…
JV Article: Radius Gold options Tropico near Juanicipio/Fresnillo mines in Mexico
It took two years and six trips to Mexico, but earlier this month Radius Gold (TSXV: RDU) emerged triumphant with an option agreement to earn 100% of the Tropico target…
Lithium developers in Canada rake in the project milestones
North America-focused development juniors are turning investment dollars into project milestones, set against an increased urgency to find and develop new lithium resources to feed the accelerating global energy transition….
Collective Mining expands strike at Guayabales gold project amid 10 mines in Colombia
Collective Mining (TSXV: CNL; US-OTC: CNLMF) says high-grade drill results from the Guayabales project in Colombia extend the strike length of the Apollo deposit. The project in Caldas, 275 km…
Palladium One surges as Glencore invests in critical minerals explorer
Global miner and commodity trader Glencore’s (LSE: GLEN) 10% investment in Palladium One Mining (TSXV: PDM; US-OTC: NKORF), which is developing nickel-copper projects in Ontario and Finland, has boosted the…
‘Bubblegum’-coloured diamond could fetch more than $35M at auction
A rare pink diamond of “unparalleled colour and brightness” is expected to fetch over $35 million when it goes under Sotheby’s hammer in New York next June, potentially becoming one…
‘There will be no Ring of Fire’ chant First Nation leaders in Ontario legislature
Two ranking leaders of an Ontario First Nation were forced to leave the provincial legislature Wednesday after rowdily accusing the Doug Ford government of failing to consult them about mining…
Jervois suspends Idaho mine on largest U.S. cobalt deposit amid low metal price, inflation
Jervois Global (TSXV: JRV; ASX: JRV) is delaying final construction of its Idaho project on the largest cobalt resource in the United States because of inflation and low commodity prices…
Equinox signs gold prepays worth US$200M for Greenstone construction
Equinox Gold (TSX: EQX; NYSE: EQX) has secured US$200 million in funding via two new gold prepay arrangements. Analysts say the deals will allay any concerns that the company could…
Botswana Diamonds begins mining in South Africa
Botswana Diamonds (LSE: BOD) has begun mining at Marsfontein in South Africa, as a proof-of-concept trial project that it expects will help improve operations at its larger Thorny River project….