Emerging gold mining company Monarch has acquired 24 claims covering about 5 km2, immediately west of its Wasamac property in Quebec.
The initial purpose of the acquisition was to secure the location of Wasamac’s future mining infrastructure, but Mona…
Monarch secures exploration option adjacent to Wasamac Read More »
Project developer Aquila Resources is awaiting issuance of the amended mining permit and air permit for its Black Forty zinc and gold project, in the US, after the state of Michigan environmental review panel upheld the mining permit.
The decision by …
Aquila awaits amended Black Forty mining permit as panel upholds earlier ruling Read More »
Canada-headquartered Lundin Mining is forecasting a big increase in production, with its copper output expected to rise by 20%, its zinc production by 15% and nickel production forecast to increase by more than 25%.
The increased 2020 copper productio…
Lundin Mining sees big jump in production next year Read More »
South Africa’s Lesego Platinum CEO James Nieuwenhuys has joined the board of Russian miner Eurasia Mining, but no potential transaction between the companies is on the horizon.
Eurasia previously said that the appointment of Nieuwenhuys to the board w…
Lesego CEO joins Eurasia board, but no transaction on horizon Read More »
The global diamond industry will require a new narrative and a rebranding to secure its future, a new report has warned.
The Dubai Multi Commodities Centre (DMCC) states in its ‘Diamonds Changing Forever’ report that the global industry is at a “major…
Diamond industry at ‘inflection point’ – DMCC report Read More »
The management team of Canada-headquartered Ivanhoe Mines met with high-ranking Democratic Republic of Congo (DRC) government officials in Kinshasa on Monday and has described its meeting as “highly productive”.
The Ivanhoe team met with Prime Minister…
Ivanhoe says talks with DRC ‘extremely productive’ Read More »
TSX-listed Teranga Gold is edging closer to attaining mid-tier status with its second mine, Wahgnion, now in commercial production.
The new mine, in Burkina Faso, is expected to achieve the upper end of its 2019 production guidance of 30 000 oz to 40 …
Teranga’s second mine in commercial production Read More »
The world’s largest miner, BHP, is investing a further $22-million in London- and Toronto-listed SolGold, a move which the Ecuador-focused junior sees as an endorsement of its strategy to become a copper/gold major.
BHP acquired a further 77-million s…
BHP becomes SolGold’s largest shareholder Read More »
Canadian gold miner Kirkland Lake Gold on Monday announced that it would buy smaller rival Detour Gold in a $4.9-billion all-share transaction, solidifying its position as a senior gold producer with targeted 2019 gold production of about 1.5-million o…
Kirkland adds Canadian mine to portfolio with C$4.9bn Detour buy Read More »
Canadian gold miner Kirkland Lake Gold on Monday announced that it would buy smaller rival Detour Gold in a $4.9-billion all-share transaction, solidifying its position as a senior gold producer with targeted 2019 gold production of about 1.5-million o…
Kirkland adds Canadian mine with C$4.9bn Detour buy, shares tumble Read More »
