Ecuador’s mining uncertain with socialist in runoff
Ecuador’s mining industry is bracing for potential changes as the nation’s main socialist party gains momentum in the presidential race headed for a runoff in April. Luisa González, a protégé…
Precious Metals
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
Middlemen and local militias steal billions from the Democratic Republic of Congo’s (DRC) cobalt and coltan trade, fuelling conflict and leaving the nation poor, according to a political analyst. The…
AME JV video: Skeena targets Eskay Creek restart
Skeena Resources (TSX: SKE) is targeting initial production of 450,000 oz. of gold-equivalent metal at its Eskay Creek property in northwestern British Columbia’s Golden Triangle region. Production at the mine…
Endeavour Silver nears Terronera finish in Mexico
Endeavour Silver (NYSE: EXK; TSX: EDR) expects its Terronera project in Jalisco state, Mexico, to be ready for full commissioning early in the second quarter. Crews made “substantial” progress on the…
JV article: PSA and Pronto Xi ERP software power big mines like Blackwater in BC
More than 400 mining companies worldwide depend on Pronto Software’s Pronto Xi ERP to increase efficiencies through streamlined operations and smarter resource management. Toronto-based Pronto Solutions Alliance (PSA) is widely…
Barrick’s global gold reserves rise 23%
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged that of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a…
AME JV video: Sokoman looks to bulk gold, lithium spinoff milestones
Sokoman Minerals (TSXV: SIC; US-OTC: SICNF) is working towards taking a bulk sample from its main Moosehead gold project in central Newfoundland in a few months. Moosehead lies about 400…
Mining Indaba: Industry demands sweeping overhaul to revive South African mining
Miners in South Africa are calling for sweeping changes to modernize regulations, streamline licensing and upgrade critical infrastructure to revive the country’s flagging mining sector. Investment to mine in Africa’s…
Gold hits new record after all-time high demand
Total annual gold demand touched an all-time high last year in line with record prices for the yellow metal while the Trump administration’s widespread sowing of uncertainty continues to support…
Ascot faces cash shortage, delays Premier restart
Ascot Resources (TSX: AOT, OTCQX: AOTVF) said on Wednesday that it will delay the restart of milling operations at its Premier gold project in British Columbia, which would place the…
Lundins, Zijin Mining agree on $62M investment in Predictive Discovery
Predictive Discovery (ASX: PDI) said the Lundin family, their associates and Zijin Mining agreed to invest about A$69.2 million ($62 million) to help the Australian miner press ahead with development…
Mining Indaba: From crime to catalyst – artisanal miners demand reform
More can be done to transform artisanal and small‐scale mining (ASM) into a safe, transparent, investment-ready sector, according to an industry conference in Cape Town. But experts warn that curbing…