Aim- and TSX-listed nickel company Horizonte Minerals has signed a royalty agreement with Orion Mine Finance that will provide it with an upfront cash payment of $25-million for the development of the Araguaia ferronickel project, in Brazil.
Orion wil…
Horizonte inks royalty agreement to fund Araguaia project Read More »
A Supreme Court of British Columbia judge has dismissed a petition by a shareholder of Vancouver-based platinum junior Eastern Platinum (Eastplats) seeking leave to start a derivative action against current and former directors of the company.
The der…
Canadian judge dismisses Eastplats directive action petition Read More »
The US has authorised the construction of Canadian developer Crystal Peak Minerals’ 298 000 t/y sulphate of potash (SOP) mine, in west-central Utah.
The Department of Interior’ record of decision (ROD) for the Sevier Playa project has been hailed as t…
Green light for Canadian firm’s Utah potash mine Read More »
Aim-listed Scotgold Resources has a new project schedule for the Cononish gold and silver mine, with first gold from the Scotland-based mine now expected by the end of February.
The new schedule compares with a previous expectation that first gold wil…
Scotgold expects short delay in first production Read More »
Privately held exploration and production company Hilcorp has sealed a $5.6-billion deal to acquire British major BP’s entire upstream and midstream business in the US state of Alaska.
The sale will include BP Exploration (Alaska) that owns all of BP’…
BP exits Alaska in $5.6bn deal with privately held Hilcorp Read More »
The completion of the strategic agreement between the government of Kyrgyzstan and Canadian miner Centerra Gold has been hailed as a “turning point in the history” of the Kumtor gold mine and paves the way for the mining company to continue work.
The …
Kumtor has reached a turning point – Centerra Read More »
An electrical equipment failure at the Trail Operations zinc refinery on Sunday could cost base metals miner Teck Resources between 20 000 t and 30 000 t in lost production.
The dual listed miner reported on Monday that the equipment failure at the Br…
Teck warns of up to 30 000 t zinc loss following equipment failure Read More »
In a visit to rural Nevada to engage with stakeholders and communities, US Senator Catherine Masto visited the Nevada Gold Mines headquarters in Elko on Monday, meeting with senior leadership and employees.
Masto’s scheduled visit comes only days afte…
Senator Masto meets with Nevada Gold Mines leadership, days after bus crash Read More »
The refinery that TSX-V-listed First Cobalt plans to bring back to life in Canada with funding by global mining group Glencore, is set for first production late next year, the junior company said on Monday, announcing that it had entered into a definit…
Glencore-backed Canada cobalt refinery aims for first production by late 2020 Read More »
Gold mine developer Lydian International interim president and CEO Edwards Sellars on Thursday expressed his disappointment at the news that Armenia’s Prime Minister, Nikol Pashinyan, had asked the Ministry of Environment (ME) to review whether a furth…
Lydian expresses disappointment as Armenia mulls another Amulsar audit Read More »
