Coeur takes 17.8% stake in Victoria Gold
Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake from Orion Mine Finance in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon. The…
2021
The Northern Miner Podcast – episode 238: ‘Increase the size of the pie’ — Barrick emphasizes shared revenue model with local communities
This week’s episode features Barrick Gold’s Q1 2021 conference call with president and CEO Mark Bristow, who discusses the company’s move towards sharing more revenue and employment opportunities with local…
Zambia reinstates GoviEx’s Chirundu licence
The Zambian government has reinstated the mining licence for GoviEx Uranium’s (TSXV: GXU; US-OTC: GVXXF) Chirundu property, part of the junior’s Mutanga project. The licence was cancelled in July 2020…
JV Article: How royalties are outpacing miners
Streaming and royalty financing deal flows are predicted to grow significantly over the next decade, and move beyond the precious metals market. Gold and silver now make up 96% of…
Wheaton’s Smallwood sees deal opportunities growing faster than the competition
The opportunity landscape for closing new precious metals streaming deals is growing faster than the competition, Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) CEO Randy Smallwood tells The…
Magnetic nanoparticles to be used to extract lithium from brines in the US
A technology that uses magnetic nanoparticles to capture valuable materials from brines is being launched today by its developer, the U.S. Department of Energy’s Pacific Northwest National Laboratory, and its…
The View from England: To deliver a mine, expect the worst
Memorable corporate and political anniversaries are front of mind at the moment, as is an historic expedition with a valuable lesson for risk assessors everywhere. Newmont recently celebrated its 100th…
Commodities that will rule the green, digital transition
A new report by Fitch Solutions forecasts that some ‘conventional’ commodities will receive an added boost in the next 20 years as they take a central stage in the green…
Australia’s Macquarie bank to exit coal by 2024
Australia’s investment bank Macquarie Group said on Friday it will stop financing coal projects by 2024, adding to a long list of local financial institutions that have withdrawn their support…
Cameco shares surge despite posting Q1 loss
Despite the near-term costs of its business strategy and unplanned disruptions due to the Covid-19 pandemic, Cameco (TSX: CCO; NYSE: CCJ) ended the first quarter of 2021 with over a billion…
Kyrgyzstan to temporarily take over Centerra’s Kumtor mine
Lawmakers in Kyrgyzstan, home to major gold and copper mines, have passed a law allowing the state to temporarily seize Centerra Gold’s (TSX: CG) Kumtor mine, the largest gold operation in…
Magnet rare earth oxide market to increase fivefold by 2030 – report
A new report by Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase fivefold by 2030 to US$15.65 billion from the current US$2.98 billion. Underpinning this…