Hudbay, unions reach deal for Arizona copper project
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has reached a labour agreement with union leaders to construct the Copper World mine in Arizona. The agreement marks a key step in the…
Canada
Ranchers to fight coal bid in Alberta court
Applications to drill for metallurgical coal in southwestern Alberta are pitting ranchers against an exploration company backed by Australian mining billionaire Gina Rinehart. Calgary-based Northback Holdings, a subsidiary of Rinehart’s…
Maritime’s Hammerdown set for re-start decision
Maritime Resources TSXV: MAE; US-OTC: MRTMF) says it has all major permits to restart the former Hammerdown gold mine in Newfoundland and Labrador. The company has completed clean up at…
B2Gold nets US$90M stake in Versamet after royalty package sale
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Atlantic Mining sees Touquoy mine as green energy hub
Atlantic Mining Nova Scotia, a subsidiary of St Barbara (ASX: SBM), has kicked off a program to explore the feasibility of converting the now closed Touquoy gold mine in Moose…
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Lion One’s Tuvatu starts full-scale mining as drills hit bonanza Fiji gold
South Pacific-focused Lion One Metals (TSXV: LIO) has kicked off production at the Tuvatu gold project in western Fiji. It also reported a bonanza drill intercept in Zone 5, where…
Calibre expects Q2 output drop after pit wall slide, maintains full-year guidance
Calibre Mining‘s (TSX: CXB; OTCQX: CXBMF) shares closed unchanged on Wednesday after falling 4% the day before when it said second-quarter gold production will decline following a partial wall collapse…
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Bronze bust honours barber who struck gold
In what might be a parting gift, Newmont (TSX: NGT; NYSE: NEM) has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine…
Video: Agnico’s Hope Bay project plants another flag in Canada’s Arctic, Boyd says
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is advancing the former Hope Bay gold mine project in Nunavut as a nation-building measure in Canada’s far north by using the company’s 67 years…
Yukon mulls subsidies to help miners decarbonize: CBC
The Yukon government is considering subsidizing mining companies in the territory to help them cut emissions, according to CBC. In a submission last summer to the government’s cabinet committee…