Copper Mountain Mining (TSX: CMMC) has successfully priced US$250 million in senior secured bonds in the Nordic bond market. The five-year bonds, bearing interest at 8% per year, will mature…
Australia’s Lucapa Diamond (ASX: LOM) has reported a 35% increase in the resource carats at its Lulo diamond mine in Angola, where the company found a 113-carat white diamond in January. Despite…
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found…
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its…
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.
Electric car maker Tesla (NASDAQ: TSLA) will become a technical adviser at the conflict-ridden New Caledonia nickel mine, as part of the company’s attempt to secure enough supply of the key battery…
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced on March 4 that its CEO Ulf Quellmann is leaving the company after majority-owner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) told…
Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has spent over US$385 million (A$500 million) in the past year to continue developing the Greater Tom Price iron ore operations in…
Australian iron ore major Fortescue Metals Group (ASX: FMG) has apologized to a local Aboriginal group for clearing land on a heritage site without representatives of the community being present…
The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining…
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