Six Canadian mining companies have made the global top 40 list, reporting a net profit margin of 19%, compared with an average of 9% for world’s 40 biggest miners, consultancy PricewaterhouseCoopers (PwC) reports.
Gold miners dominate Canada’s presen…
Six Canadian miners among PwC Top 40 list Read More »
Taking into account significant increases in the prices of palladium, rhodium, gold and nickel over the last three years, TSX-listed Ivanhoe Mines has decided to publish an updated definitive feasibility study (DFS) for the Platreef project, along with…
Ivanhoe to publish updated DFS for Platreef project after some metal prices rise Read More »
In a positive turn of events, JSE-listed platinum miner Implats expects to report at least a 20% year-on-year increase in headline earnings per share (HEPS) for the year ended June 30.
The miner posted headline earnings and HEPS of R3-billion and 423…
Implats expects at least 20% y/y rise in headline earnings Read More »
Global energy company Engie has become the newest member of leading global mining industry research organisation Mining3.
Engie says it joins Mining3 in its next phase of hydrogen research to co-create hydrogen solutions to help reach carbon neutrali…
Engie joins Mining3 to develop renewable hydrogen-based solutions Read More »
TSX-V-listed First Cobalt is moving directly to an expansion scenario at its cobalt refinery, north of Toronto, and will conduct pilot plant work at third-party facilities, saving millions of dollars.
An onsite demonstration plant would have required …
First Cobalt moves directly to expansion scenario Read More »
TSX-V-listed New Pacific has announced its establishment of a subsidiary called Whitehorse Gold, which will hold its wholly-owned Tagish Lake gold project, in Yukon, Canada.
The company intends to directly or indirectly distribute Whitehorse common s…
New Pacific places Tagish Lake project in newly created subsidiary Read More »
Canadian diversified miner Teck Resources said on Thursday that all its mines across Canada, Peru, Chile and the US, were producing and that it was gradually ramping up construction activities at the previously-suspended Quebrada Blanca Phase 2 (QB2) e…
Teck slashes guidance, Covid delays Chile expansion by up to 6 months Read More »
Aim-listed Katoro Gold and its joint venture (JV) partners in the Blyvoor gold tailings project have agreed a strategy and associated deadlines for securing project financing.
Katoro will seek to complete the project financing, sufficient to fund the…
Katoro sets financing consideration deadline at end-September Read More »
JSE-listed Northam Platinum, together with Master Drilling, has successfully completed a record raise-bore pilot hole for the planned Number 3 Shaft at the Zondereinde mine.
The new shaft system will provide additional access from surface to the unde…
Northam completes first phase of raise-bore drilling for third Zondereinde shaft Read More »
ASX-listed Resolute Mining has published an updated life-of-mine plan for the Mako gold mine, in Senegal.
The updated plan envisions a 39% increase in output compared with the prior mine plan – from 890 000 oz over a seven-year mine life to 1.24-mill…
Resolute’s Mako mine gains additional 900 000 oz in updated mine plan Read More »
