Vancouver-headquartered Spearmint Resources has acquired a new project prospective for platinum group metals (PGMs) just north of Thunder Bay, Ontario.
The 2 500 acre Escape Lake North project directly borders Clean Air Metals’ Thunder Bay North PGM d…
Spearmint’s new project borders ‘world-class’ PGM deposit Read More »
Coal prices enjoyed a moderately volatile yet upbeat week, at least for API#4, although the RB1 discount widened a little. Rand strength also means that domestic prices are lower. The wider energy complex stabilised with oil prices moving higher, altho…
Weekly Coal Index Report Read More »
Struggling miner Dominion Diamond Mines, which filed for insolvency protection last month, has reached an agreement to sell substantially all its assets in a transaction that will allow mining operations at Ekati to resume and avoid bankruptcy.
The co…
Dominion Diamond reaches agreement to sell substantially all its assets Read More »
Diamond major Alrosa on Friday announced that it would curtail 2020 production to between 28-million and 31-million carats, in response to the crisis unfolding in the global rough and polished diamond market.
The 2020 production guidance compares with…
Alrosa cuts production target by up to 17% Read More »
Unionised employees at the Tasiast mine, in Mauritania, have suspended their strike at the request of the government, TSX- and NYSE-listed Kinross Gold reported on Friday.
The company affirmed that the shutdown would not have a material impact on its …
Kinross strike in Mauritania suspended Read More »
Rare-earth elements (REE) company Medallion Resources has appointed Mark Saxon its president and CEO to lead the company through a “critical” phase as opportunities open up in the industry. Saxon has substantial experience in REE and other critical raw…
Medallion appoints new CEO as ‘tremendous’ REE opportunity opens up Read More »
Gold mining company Golden Star Resources has two positive Covid-19 cases at its Prestea mine, in Ghana, and has placed about 60 employees in quarantine.
The NYSE American- and TSX-listed company is revising its planned operations in the short term to…
Golden Star puts 60 in quarantine after second confirmed Covid case Read More »
Mining Weekly editor Martin Creamer unpacks the success of South African platinum coins, the gazetting of the guidelines for a mandatory Code of Practice in the mining industry during covid-19, and the Marula mine being temporarily suspended.
Platinum coins, COP and the Marula mine make headlines Read More »
Diamond major Alrosa has offered 800 rough diamonds to customers through its digital platform, amid limited business travel owing to Covid-19-pandemic-related restrictions. The digital tender – its biggest ever – is taking place between May 15 and 29.
Alrosa works around travel restrictions with its biggest-ever digital tender Read More »
Timmins-focused Melkior Resources on Wednesday unveiled an equity investment and potential joint-venture (JV) agreement with gold miner Kirkland Lake Gold, which the junior’s CEO sees as the “perfect fit”.
Melkior will raise C$1-million by way of a no…
Melkior and Kirkland Lake the ‘perfect fit’ Read More »
