Gold juniors Trillium and Pacton to combine forces in Red Lake
A merger of Trillium Gold (TSXV: TGM; US-OTC: TGLDF) and Pacton Gold (TSXV: PAC; US-OTC: PACXF) will create an explorer with over 15 projects spanning 1,260 sq. km in the…
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EU adds copper, nickel and manganese to list of critical materials
The European Union has published its Critical Raw Materials Act and added copper, nickel and manganese to its list of critical materials. The CRMA, unveiled by the Brussels-based European Commission…
Activists accuse Azimut of ‘squatting’ on Quebec lithium lands
Two activist shareholders with ‘substantial’ holdings in Azimut Exploration (TSXV: AZM) have accused the junior of “squatting” on some of Quebec’s most prospective lithium lands. Coloured Ties Capital (TSXV: TIE)…
The largest gold producer you’ve never heard of is growing
Navoi Mining and Metallurgical Co., the world’s fourth-largest gold company by output, plans to start another mine in its Uzbekistani homeland this year while intending to go public eventually with…
Nexa expands zinc resource, mine life of Aripuanã in Brazil
South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuanã zinc and copper mine in Mato Grosso state, Brazil by enough to extend the operation’s life by three…
Peninsula Energy delays Wyoming uranium project restart, shares plunge
Peninsula Energy (ASX: PEN) has delayed the restart of commercial production at its Lance project in Wyoming, from the first quarter of this year until mid-2023. According to the Australia-based…
Newmont to study direct air carbon capture in its tailings
Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings. The…
Roscan hits milestone with environmental permit for Kandiole in Mali
Mali has granted an environmental permit for Roscan Gold’s (TSXV: ROS; US-OTC: RGCF) Kandiole project—the penultimate step that precedes securing a final mining licence, the company reports. CEO Nana Sangmuah…
Gold Fields and AngloGold Ashanti agree to terms for JV in Ghana
A proposed joint venture between Gold Fields’ (NYSE: GFI) Tarkwa and AngloGold Ashanti’s (NYSE: AU) Iduapriem mines in Ghana would create Africa’s largest gold mine and one of the world’s…
Australia’s VHM nears investment decision on Goschen rare earths project
After listing on the Australian Stock Exchange in January, VHM (ASX: VHM) said it will make a final investment decision in the second half of this year on its flagship,…
High-tech capital takes a bet on mining innovators
In its quest for bonanza returns, high-tech capital is willing to take a bet on mining, an industry not noted for producing steady returns and challenged by its comparatively small…
Canada Nickel reports high nickel recoveries at Reid project
Canada Nickel’s (TSXV: CNC; US-OTC: CNIKF) first metallurgical test at Reid, an ultramafic nickel project near its flagship Crawford nickel sulphide project in Ontario, returned a head grade of 0.35%…