Petra Diamonds cuts forecasts, jobs amid market weakness, softer prices
Petra’s sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
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Earth AI finds gold near Willow Glen molybdenum project, in Australia
Earth AI, an Australian tech-driven explorer for clean energy metals, has found a new gold system at its Willow Glen molybdenum-gold project near Guyra, New South Wales. Using its AI platform,…
JV Video: Honey Badger Silver builds case as high-leverage silver play
Honey Badger Silver (TSXV: TUF) aims to redefine silver investment by combining high-grade assets with cash flow from royalties and streams, non-executive chair Chad Williams told a London event this…
Foran conditionally approved for $20M gov’t funding for McIlvenna Bay infrastructure
Foran Mining (TSX: FOM; US-OTC: FMCXF) has conditional Energy and Natural Resources Ministry (NRCan) approval for up to $20 million in support of clean energy infrastructure at its McIlvenna Bay…
Canada approves Paladin Energy’s $1.1B takeover of Fission Uranium
The Canadian government has approved Paladin Energy’s (ASX: PDN; US-OTC: PALAF) $1.1 billion all-share takeover of Fission Uranium (TSX: FCU; US-OTC: FCUUF) under Ottawa’s Investment Canada Act (ICA). The clearance…
Asante nets US$500M forward purchase deal for gold produced at Bibiani
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured US$500 million from UAE’s Fujairah Holdings for the forward sale of gold produced at its Bibiani mine in Ghana. An advance deposit…
‘Robust mineralization’ at Valley in Yukon, Snowline says
Drilling by Snowline Gold (TSXV: SGD; US-OTC: SNWGF) continues to deliver strong results from this year’s drill program at its Valley deposit in eastern Yukon. The company is also updating…
Video: Rob McEwen bets big on developing world’s greenest copper mine
With a personal investment of US$225 million on the line, much is at stake for Rob McEwen with the success of McEwen Copper’s flagship Los Azules project in Argentina. McEwen,…
Peninsula Energy restarts uranium output at Lance project in Wyoming
Peninsula Energy (ASX: PEN; US-OTC: PENMF) announced Thursday it has restarted operations at its flagship Lance project in Wyoming following a five-year hiatus, making the Australian company the newest uranium…
Peru gives Silver Mountain OK to restart Reliquias mine
Silver Mountain Resources (TSXV: AGMR; US-OTC: AGMRF) has been given the green light to begin operations at the Reliquias mine and the Caudalosa plant in Peru after the project was…
JV Video: Pan American Silver eyes growth in buoyant metals market
Pan American Silver‘s (TSX: PAAS; NYSE: PAAS) integration of Yamana Gold’s Latin American assets has delivered US$150 million in free cash flow in the third quarter alone, an industry conference…
Triple Flag to net Tres Quebradas lithium project royalty
Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) will buy an existing 0.5% gross overriding revenue royalty on the construction-stage Tres Quebradas lithium project in northern Argentina from Lithium Royalty…