Trevali sells stake in Namibia’s Rosh Pinah mine to Appian
Trevali Mining will sell its 90% interest in the Rosh Pinah zinc-lead-silver mine, in Namibia, to Appian Natural Resources Fund III. The embattled miner has had a difficult financial and…
Gold
Newcrest CEO Biswas leaves Australia’s top gold miner
Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia’s top gold…
CMS 2022: Hecla steps up to meet ‘extraordinary demand growth path,’ says CEO Phil Baker
North America’s oldest silver miner, Hecla Mining (NYSE: HL), is set to consolidate its position as the continent’s primary silver leader. It is working to increase U.S. output by 20%…
Robex to restart Nampala gold mine in Mali after artisanal miner dies
Robex Resources (TSXV: RBX) was set to restart operations at its Nampala gold mine in Mali after a trespasser was killed on Thursday and work was halted temporarily, the company…
Rio Tinto secures direct ownership of Oyu Tolgoi
Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout…
Eldorado Gold board okays Skouries gold-copper project restart
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece. The…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
Barrick Gold to go ahead with US$7B Reko Diq project
Barrick Gold (TSX: ABX; NYSE: GOLD) is going ahead with construction of its Reko Diq copper and gold project in Pakistan after the country’s top court cleared the path for…
Fortescue ups stake in Candente Copper with $4M investment
Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%….
Barrick responds to rights abuse allegations in Tanzania
Barrick Gold (TSX: ABX; NYSE: GOLD) has issued a statement in response to claims of alleged rights abuses in Tanzania. Twenty-one Tanzanian nationals filed a lawsuit in Ontario Supreme Court on Nov….
Maple Gold assays confirm near-surface continuity at former Eagle mine
Maple Gold Mines (TSXV: MGM) reported complete assay results for four drill holes and partial assay results for five additional drill holes from its 100% controlled Eagle mine property in…
Probe Metals drills ‘record gold interval’ at Val-d’Or project in Quebec
Probe Metals (CVE: PRB) has drilled the highest-grade core yet at its Val-d’Or East project’s Monique deposit in Quebec as it prepares to expand its mineral resource estimate next month. Expansion…