Sayona Quebec CEO out as lithium miner looks to slash costs
Sayona Mining (ASX: SYA; US-OTC: SYAXF) is responding to the rout in lithium prices with a cost review of its North American Lithium (NAL) operation in Quebec. The project is…
Canada
Aclara study pegs Brazil rare earths project NPV at US$1.2B
Initial capital costs for Aclara Resources‘ (TSX: ARA) Carina Module rare earths project in Brazil are estimated at US$576 million, with a US$1.2 billion net present value (NPV), according to…
Diavik crash survivor is electrician with baby
The lone survivor of a plane crash that killed six people on their way to Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) Diavik diamond mine has been identified as…
Bank of Montreal axes homophobic mining bankers
The Bank of Montreal fired four of its mining investment bankers last week because of verbal attacks on a colleague, The Globe and Mail reported on Thursday. The bank conducted…
Falco deal with Glencore paves way for Horne 5 development
Falco Resources (TSXV: FPC) shares gained as much as 41% today on news of an agreement with Glencore (LSE: GLEN) that will allow it to use part of Glencore’s lands…
McClean Lake uranium mine headed for 2025 restart
Denison Mines (TSX: DML; NYSE: DNN) and joint venture partner Orano Canada said on Wednesday they will restart the McClean Lake mine, located in the uranium-rich Athabasca Basin in northern Saskatchewan,…
Plane crash kills 6 on way to Rio Tinto diamond mine in northern Canada
A jet crash in the Northwest Territories killed four passengers and two crew members on its way to Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) Diavik diamond mine, officials…
Gahcho Kué diamond sales fall on weaker demand
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) says lower prices and demand from India and China depressed sales by 15% last year from the Gahcho Kué mine in the Northwest…
Iamgold shares rise as miner meets guidance and Côté startup nears
Iamgold‘s (TSX: IMG; NYSE: IAG) shares jumped on Tuesday after the Toronto-based company released positive preliminary full-year and fourth-quarter 2023 production results, along with updates on progress at its nearly…
BC’s first critical minerals strategy has some asking, ‘Is it enough?’
British Columbia launched its Critical Mineral Strategy at Vancouver’s AME BC Roundup on Monday, proposing 11 actions to boost the mineral sector and attract investment, though some question the plan’s…
Endeavour Mining’s second-biggest gold mine hit by strike
Workers at Endeavour Mining’s (TSX: EDV; LSE: EDV) Hondué mine in Burkina Faso, the company’s second-largest gold operation, walked off the job on Tuesday, blocking the access road to the…
TNM Drill Down: Ecuador, Yukon and Colombia yield week’s top gold assays
Our TNM Drill Down features highlights of the top gold assays from Jan. 12-19. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….