Kinross Gold explores sale of Ghana assets to Asante Gold
A day after announcing the sale of its Russian assets, Kinross Gold (TSX: K; NYSE: KGC) has entered into an agreement with Asante Gold (US-OTC: ASGOF; CSE: ASE) to potentially…
Canada
Kinross Gold sells Russian assets to Highland for US$680M
Kinross Gold (TSX:G; NYSE:KGC) is selling its Russian assets to Highland Gold Mining for a total of US$680 million in cash, the Canadian miner said on Tuesday, a month after…
Avalon partners with India’s Essar Group to build Ontario lithium refinery
Ontario’s strategic push to establish a fully integrated lithium-ion battery supply chain got a massive boost on Monday after Avalon Advanced Materials (TSX: AVL) reached an agreement with India-based Essar…
Hemlo Explorers stock jumps 53% as Barrick weighs Pic earn-in
The Toronto-quoted equity of Hemlo Explorers (TSXV: HMLO) jumped more than 53% on Monday after the company revealed it had entered a binding term sheet with Barrick Gold (TSX: ABX; NYSE: GOLD)…
Lithion Recycling receives $22.5M funding from the Quebec government
Lithion Recycling has received $22.5 million in funding from the Quebec government, including a $15 million equity investment in the company’s capital stock through Investissement Québec and $7.5 million in…
Canada Nickel completes current drilling phase at Crawford, reports best interval to date
Canada Nickel Co. (TSXV: CNC; OTC: CNIKF) has completed the current phase of drilling at its flagship Crawford nickel sulphide project in Ontario, and is reporting assay results from 33…
Centerra Gold hands Kumtor mine to Kyrgyzstan, ending dispute
Centerra Gold (TSX: CG) and the Kyrgyz Republic have reached an out-of-court settlement in which the Canadian miner agrees to hand control of its expropriated Kumtor operation to the country’s government, ending an almost…
Torex Gold updates Morelos Complex plans
Torex Gold Resources (TXG.TO) has released an updated technical report for the Morelos gold complex in Mexico, including an integrated life of mine plan and economics for the El Limón…
Investments from autocratic states need full ICA review, says parliamentary committee
All investments made by firms from authoritarian regimes should undergo the complete security review process stated in the Investment Canada Act (ICA), a parliamentary committee said in a new report…
Clean Air Metals seeks continuity between zones at Escape project
Clean Air Metals (TSXV: AIR; OTC: CLRMF) has received new assays from drilling at the Escape platinum group-copper-nickel deposit, part of its flagship Thunder Bay North project. The property is…
Taseko ups reserves, extends Gibraltar mine life by 23 years
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has upped its proven and probable sulphide reserves by 40% to 640.5 million tonnes grading 0.25% copper and 0.008% molybdenum. The increase…
Mining’s latest pivot means adjusting to a higher-cost world
Mining was one of few industries that saw relatively little disruption at the start of the global Covid-19 pandemic in March 2020. And although miners endured commodity price volatility, they…