Russian diamond miner Alrosa has suspended work at its Inter underground mine, after several employees tested positive for Covid-19.
Operations would be idled for one to two weeks, the company said in a statement on Thursday.
The employees who tested…
Alrosa idles mine as several workers test positive for Covid Read More »
Construction of Canada’s next gold mine is rapidly advancing and is now only months away from its first gold pour.
The PureGold Red Lake mine, which dual listed Pure Gold Mining is building in the Red Lake mining district of north-western Ontario, wil…
Ontario’s next gold mine ‘perfectly timed’ Read More »
TSX-V-listed Fosterville South has unveiled a transaction to spin out its Avoca and Timor tenements, in Australia’s Victoria, to Leviathan Gold, following which the new company will undertake an equity financing to fund the exploration, advancement and…
Fosterville South unveils spin-out transaction Read More »
TSX-V-listed developer Millennial Lithium has received an environmental permit for its flagship lithium brine project, Pastos Grandes, in Salta, Argentina, lifting its share price by nearly 10% on Tuesday.
The declaracion de impacto ambiental (DIA) th…
Millennial’s Argentina project receives enviro permit Read More »
Global gold major Barrick has told the workforce at its Porgera joint venture (JV) mine that most of them will be retrenched in the coming weeks, affecting 2 650 Papua New Guinea nationals.
Expatriate employees had already been retrenched and the loca…
Barrick JV to retrench most of Porgera’s staff Read More »
Canadian junior Gold X Mining, which is developing the Toroparu gold project in Guyana, on Monday announced the appointment of mining entrepreneur Robert Friedland as its nonexecutive chairperson.
Gold X’s current chairperson and CEO Paul Matysek will…
Friedland and Matysek work together once again Read More »
TSX- and NYSE-listed Hudbay Minerals is appealing a 2019 district court decision, which overturned approvals issued by the US Forest Service for Rosemont mine, in Arizona, announcing on Monday that it had filed its initial brief with the US Court of Ap…
Hudbay advances appeal of Rosemont court decision Read More »
Gold mining company Caldas Gold on Monday announced a streaming transaction with Toronto-listed Wheaton Precious Metals as a first step in securing the project financing required to expand operations and build Colombia’s “next major gold mine”.
TSX-V-…
Caldas partners with Wheaton to finance Colombia gold mine expansion Read More »
Brazil iron-ore miner Vale said on Friday in a securities filing that its Canadian subsidiary had reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum).
Vale’s Canadian subsi…
Vale to sell stake in nickel producer to Indonesia’s Inalum Read More »
Canadian diamond miner Mountain Province Diamonds has provided a new guidance for 2020, as CEO Stuart Brown says that demand for rough diamonds are starting to show signs of interest.
The Toronto-headquartered company lowered the production forecast f…
Canadian diamond miner issues new 2020 guidance Read More »
