Days after suspending operations, Kinross mulls a ‘full exit’ from Russia
Kinross Gold (TSX: K; NYSE: KGC) may permanently exit from Russia after operating in the country for about 25 years, a BMO metals and mining analyst said, as the nation…
2022
JV Article: Tier One Silver hits bonanza-grade silver in first drill program at Curibaya in Peru
Canadian explorer Tier One Silver (TSXV: TSLVF; US-OTC: TSLVF) believes it is in the early stages of a new discovery in Peru. The Vancouver-headquartered junior recently completed the first ever drill…
How much could battery recycling actually aid cobalt, lithium supply shortages?
A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030….
Brazil’s Bolsonaro backs legalization of mining in Indigenous lands amidst Russia invasion
Brazilian president Jair Bolsonaro has reiterated the need to allow mining in the nation’s Indigenous territories to strengthen food security, as he expects Russia’s ongoing invasion of Ukraine to increase…
GMS: Invest in exploration and skilled labour to tackle critical metals supply chain, says World Bank mining expert
From heading towards a more “diversified and less concentrated” supply chain of critical metals to the need for skilled people in the global mining industry, World Bank mining specialist Martin…
Buenaventura to kick off San Gabriel gold mine construction in 2023
Buenaventura (NYSE: BVN), Peru’s largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country’s southern region of Moquegua in 2023. The company had…
Alrosa suspends Natural Diamond Council membership
The affected by sanctions Russian diamond miner said it was doing “everything” needed to mitigate the impacts of the conflict on its clients and partners.
Russia-Ukraine tension may give rise to a new commodity world order
The Russian invasion of Ukraine has the potential to establish a new commodity world order that tilts reliable supply toward North America, Bloomberg Intelligence says in a research note. Analyst…
Kinross suspends Russian operations
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify…
Argonaut Gold closes $51.8M bought deal to fund exploration
Argonaut Gold (TSX: AR) has completed a bought deal private placement of 19.78 million flow-through common shares to raise total proceeds of $51.84 million. This amount includes the full exercise of an…
McEwen Mining closes $19M flow-through financing to double Ontario gold output
McEwen Mining (TSX: MUX; NYSE: MUX) closed its offering of 14.5 million flow-through common shares priced at $1.325 each for total gross proceeds of $19.2 million. The sole bookrunner for…
Deep-South says Namibia Ministry misses deadline to defend licence refusal
Deep-South Resources (TSXV: DSM) seems to have has scored a win in its battle to renew the company’s prospecting licence for the Haib copper project in Namibia, after the country’s…