Asante Gold makes US$5 million investment in Roscan
Roscan’s primary asset is the Kandiolé project, located east of B2Gold’s Fekola mine in West Mali.
News
Gemfields swings to profit as it reopened mines
Precious gemstones miner Gemfields (LSE: GEM; JSE: GML) has swung to a first-half net profit after it reopened mines and demand for its emeralds and rubies surged. The company, which returned to the London Stock Exchange’s…
First Cobalt resumes drilling at Iron Creek
First Cobalt (TSXV: FCC; US-OTC: FTSSF) said today that it has begun drilling at its Iron Creek cobalt-copper project in Idaho, seeking to double production as higher demand for electric…
Sandfire to buy giant Spanish copper complex for US$1.9B
Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer. The company went into a trading…
Analysts raise target prices on Teck after investor day
Analysts at CIBC, Canaccord Genuity, Raymond James and BMO Capital Markets raised their target prices on Teck Resources (TSX: TECK.A/B; NYSE: TECK) following the diversified miner’s September 21 Investor Day,…
Nevada Gold Mines enters earn-in on Ridgeline’s Swift gold project
The Swift project is a district-scale land package located in the Cortez district.
Bank of America cuts iron ore price forecasts
The Bank of America’s global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of…
China vows to end funding for overseas coal power plants
China’s president Xi Jinping has pledged to stop backing new coal power plants overseas a move that would cut off a key source of financing for projects involving the dirty…
Canadian miners welcome Liberal election victory
The Mining Association of Canada (MAC) has welcomed the Liberal Party of Canada’s federal election victory, giving prime minister-designate Justin Trudeau another term in office. The Liberal platform included measures…
Universities collaborate to kickstart Australia’s critical mineral future
A new collaboration between Curtin University and The Australian National University (ANU) aims at helping Australian miners better identify, characterize and extract critical minerals to ensure the long-term viability of…
Two dead and one missing at Sibanye-Stillwater’s Kloof gold mine
South African precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) announced on Tuesday that two members of a mine rescue team died while searching for a missing worker at its Kloof gold underground operation in South…
International Lithium sells remaining stake in Mariana project to Ganfeng
Mariana is considered one of the biggest lithium deposits in the world.