Maverix reveals new royalty in third quarter update
Maverix Metals (TSX: MMX; NYSE-AM: MMX) says it’s on track to meet its revised 2022 guidance of 28,000 to 31,000 attributable gold-equivalent ounces and unveiled a new royalty deal on…
2022
Diamond trade watchdog mulls fate of Russian gems
The Kimberley Process (KP), an international scheme that certifies rough diamond exports, is expected to decide this week whether Russian diamonds should be declared conflict gems. Members of the KP…
Vale signs MOUs to develop ‘Mega Hubs’ in Middle East
Vale (NYSE: VALE) has signed three memorandums of understanding (MOUs) to jointly study the feasibility of developing industrial complexes or ‘mega hubs’ in the Kingdom of Saudi Arabia, the United…
B2Gold, AngloGold put Gramalote project in Colombia up for sale
Canada’s B2Gold (TSX: BTO; NYSE-AM: BTG) and South Africa’s AngloGold Ashanti (NYSE: AU; ASX: AGG) have decided to put their US$925-million Gramalote gold project in Colombia up for sale before…
Site Visit: Americas Gold and Silver eyes extending decades-old Galena mine life as discoveries keep coming
Driving through the forested hills of northern Idaho, one could be forgiven for assuming the growing recreational city of Coeur d’Alene brings all the buzz and value to the region….
Newmont maintains guidance despite softer Q3 results
The world’s largest gold producer by volume and market cap Newmont (TSX: NGT; NYSE: NEM) says it is maintaining the full-year production guidance despite a weaker September-quarter performance. Newmont said…
Skeena extends Eskay Creek Rift in B.C.’s Golden Triangle
The first deep drill hole in the down dip extension of the Eskay Creek deposits in northwestern B.C. has identified a new occurrence of rhyolite-hosted mineralization about 650 metres down…
First Majestic drills high-grade gold near active underground mine area at Jerritt Canyon
First Majestic Silver (TSX: FR; NYSE: AG) has announced positive drill results from its ongoing exploration program at the Jerritt Canyon gold mine in Elko County, Nevada. The 2022 drilling…
The Northern Miner Podcast – episode 315: ESG, geopolitics and climate change top EY’s list of mining industry risks and opportunities, ft Theo Yameogo
This week’s episode features EY Canada’s Theo Yameogo, Canada’s Mining & Metals Sector Leader, in conversation with Northern Miner podcast host Adrian Pocobelli at the Global Mining Symposium. Theo explains…
Sibanye-Stillwater mulls cutting thousands of jobs at gold mines in S. Africa
Precious metals miner Sibanye-Stillwater (NYSE: SBSW) may axe more than 2,000 jobs at some of its gold mines in South Africa as part of a restructuring of those operations struggling to make…
‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception
Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK) has expressed its “extreme disappointment” at a U.S. Transportation and Infrastructure House Committee report that recommends asking the attorney general to investigate…
Sierra Metals receives merger proposal from Peru-based mining company
Dealing with financial difficulties, Sierra Metals (TSX: SMT) confirmed on Oct. 31 that it has received a letter of intent (LOI) from Compañia Minera Kolpa, a polymetallic mining company based…