Portugal may delay auction for lithium licenses to 2022
Portugal’s long-awaited auction of licenses to explore for lithium may have to wait until next year as the country faces some hurdles implementing a new mining law that grants municipalities…
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Lundin Gold sees record production at Fruta del Norte
Canada’s Lundin Gold (TSX: LUG) has reported record gold production for the March quarter, which marked a year since its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, kicked…
Iron ore prices hit new record
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply. The record price levels are supported by…
Black Iron negotiates offtake and financing with Cargill
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production from its Shymanivske iron ore…
Barksdale acquires Arizona copper projects from Rio Tinto
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of…
Canadian Gold Snapshot: Eight juniors seeking more yellow metal
High gold prices continue to make the precious metal one of the most sought after metals in Canada. Even companies with production are exploring for more. And there may be…
Deadly shootout in Brazil’s Amazon as illegal miners enter indigenous land
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous community opposed to their presence…
Mining legacy processes setting the industry behind in sustainability targets – report
A report commissioned by Glasgow-based engineering company the Weir Group warns that the total amount of power used in hard rock mining is equal to 12 exajoules per year or…
McEwen Mining reports assays from Stock West in Ontario
McEwen Mining (TSX: MUX; NYSE: MUX) has reported the latest drill results from the Stock West target, part of the company’s Fox Complex in northern Ontario, about 45 km east of…
Coeur takes 17.8% stake in Victoria Gold
Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake from Orion Mine Finance in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon. The…
The Northern Miner Podcast – episode 238: ‘Increase the size of the pie’ — Barrick emphasizes shared revenue model with local communities
This week’s episode features Barrick Gold’s Q1 2021 conference call with president and CEO Mark Bristow, who discusses the company’s move towards sharing more revenue and employment opportunities with local…
Zambia reinstates GoviEx’s Chirundu licence
The Zambian government has reinstated the mining licence for GoviEx Uranium’s (TSXV: GXU; US-OTC: GVXXF) Chirundu property, part of the junior’s Mutanga project. The licence was cancelled in July 2020…