Billions in African gold smuggled to UAE: report
As much as US$35 billion worth of gold produced by artisanal and small-scale mining in Africa, the world’s top bullion producing continent, goes undeclared and then smuggled out, a report…
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Cabral Gold shares rise on top-three results ever at Cuiú Cuiú project in Brazil
Drilling at Cabral Gold’s (TSXV: CBR; US-OTC: CGBZF) Machichie target has returned some of the highest-grade assays at the Cuiú Cuiú project in northern Brazil, news that saw shares jump…
Lithium Ionic study gives Bandeira project US$1.3B NPV
A new feasibility study for Lithium Ionic’s (TSXV: LTH; US-OTC: LTHCF) Bandeira project in eastern Brazil outlines an operation with a post-tax net present value (NPV) more than four times…
Southern Cross Gold more than doubles Sunday Creek drill program
Australia’s Southern Cross Gold (ASX: SXG) has reported 38 intersections with grades higher than 100 grams per tonne gold-equivalent over a metre’s width at its Sunday Creek project in Victoria,…
Endeavour begins commissioning Lafigue gold mine
Endeavour Mining (TSX, LSE: EDV) has begun wet commissioning of its 80%-owned and newly built Lafigué gold mine in Côte d’Ivoire, with production slated to begin in late June. The company…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
Wyloo to build $900M battery material plant in Sudbury
Wyloo Metals, the privately held resources unit of Australia iron ore baron Andrew Forrest, says it plans to build a battery materials plant in northern Ontario that may cost around…
Miners serve strike notice at Gibraltar mine in BC
A union representing 550 workers at Taseko’s copper mine said they will strike if a new contract is not reached by Friday.
Video: Osisko Metals advances largest copper project in eastern North America
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is advancing the Gaspé copper project in Quebec with more drilling, community consultations and a preliminary economic assessment starting this year, CEO and chairman Robert Wares…
Red Pine makes high-grade gold headway at Wawa
Following the early May assay tampering allegations at Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF), the company says its latest drill results expand mineralization at the Wawa project near Lake…
NexGen scores higher grade uranium find than at flagship’s discovery hole in Saskatchewan
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has reported high-grade uranium assays east of its main Arrow deposit in northern Saskatchewan that are stronger than the first Arrow discovery…
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…