Anglo American bullish on copper outlook, cuts diamond targets
Anglo American (LSE: AAL) reported an 11% increase in its copper output for the first three months of the year, but cut its 2024 production guidance for diamonds, as its…
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Update lifts mine life for Metals Acquisition’s CSA copper project to 11 years
A resource update for Metals Acquisition‘s (NYSE: MTAL; ASX: MAC) CSA copper mine in Australia raises the total contained red metal by 42% and the mine life to 11 years…
Magna plans Crean Hill nickel-copper bulk sample
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is now fully permitted to conduct a 400,000-tonne bulk sample at its past-producing Crean Hill nickel-copper project in Sudbury, Ont. The company, which received…
Rio Tinto, Eramet submit plans to develop lithium extraction tech in Chile
Miners Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and Eramet, along with battery maker LG Energy, are among 30 companies from 12 countries that have presented plans to develop…
Uranium producer Energy Fuels acquires Base Resources for US$241M
Uranium and rare earths producer Energy Fuels (TSE: EFR; NYSE: UUUU) has agreed to acquire 100% of the issued shares in Base Resources (ASX: BSE; AIM: BSE), in a deal…
AbraSilver gets $20M investment from Kinross, Argentina power provider
AbraSilver Resource (TSXV: ABRA; US-OTC: ABBRF) said on Monday it has received investments from both Kinross Gold (TSX: K; NYSE: KGC) and Central Puerto, Argentina’s leading electricity provider, to fund…
Ascot pours first gold at Premier, revives link to century-old mine
Over the weekend, Ascot Resources (TSX: AOT; US-OTC: AOTVF) poured first gold at its Premier gold project as part of the mine’s commissioning process, an event CEO Derek White says…
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…
New Found grows portfolio with Labrador project buy
New Found Gold (TSX-V: NFG; NYSE: NFGC) is expanding its portfolio in Newfoundland with the planned acquisition of Labrador Gold’s (TSX-V: LAB; US-OTC: NKOSF) Kingsway gold project. Adding Kingsway will…
Adriatic Metals takes over as operator of Bosnian silver mine
Adriatic Metals (LSE: ADT1; ASX: ADT) is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares silver mine in central Bosnia. Local…
Dubai firm to invest US$550M in Argentinian lithium project
United Mining Projects Corporation, through Marhen Lithium, wants to develop the Rio Grande Sur lithium brine salar project in Catamarca.
‘World record’ rare earths recovery at Colossus: Viridis
The company stated that it has achieved the highest overall bulk ionic recoveries globally, with rates as high as 67%, in its Colossus project in Brazil.