Gem Diamonds finds 172.06 ct stone at Letšeng
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a 172.06 ct Type II white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The diamond, recovered…
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Taseko halts BC copper mine Gibraltar as workers strike
More than 500 workers went on strike over the weekend at Taseko Mines’ (TSX: TKO; LSE: TKO; NYSE: TGB) Gibraltar copper operation in central British Columbia, following unsuccessful contract negotiations. A…
Cascadia Minerals soars on fund manager financing
Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99%…
Heavy storms wash out Australian gold production
Gold output in Australia fell 9% in the first quarter after tropical storms flooded mines and halted some operations, consultancy Surbiton Associates says in a new report. Gold production dropped from…
TNM Drill Down: Red 5 hits triple-digit gold at Darlot
Our TNM Drill Down features highlights of the best gold assays of the May 24-31 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
China to build $1.5B copper smelter in Kazakhstan
Copper smelter is projected to have an annual production capacity of 300,000 tonnes.
Denison plans PEA for Midwest uranium project after in-situ recovery field tests
Denison Mines (TSX: DML; NYSE: DNN) says it has completed the inaugural in-situ recovery (ISR) field test program at its Midwest joint venture project in northern Saskatchewan and plans to…
International Battery Metals appoints new CEO as director buys hefty stake
Shares in Houston-based direct lithium extraction (DLE) company International Battery Metals (CSE: IBAT; US-OTC: IBATF) jumped 20% on Monday after the company announced a new CEO and that a board…
Strong returns at G2’s new Northwest target in Guyana
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) reported on Monday a new discovery at its Northwest (NW) OKO target in Guyana with intersections as strong as 8.5 grams gold per tonne…
New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’
Claudia Sheinbaum, a climate scientist, won Mexico’s election to become the country’s first female leader and is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador. …
Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly €12.5 million ($18.5 million) into…
MacDonald Mines pulls assays linked to former CEO Yarie, echoing Red Pine
Another Canadian gold junior who had Quentin Yarie as a former CEO is withdrawing its assays on a project because of inconsistencies. MacDonald Mines Exploration (TSX-V: BMK; US-OTC: MCDMF) said…