Barrick’s move comes as it has lost a court challenge in Papua New Guinea over rights to Porgera gold mine.
Barrick takes dispute over Porgera mining rights to PNG Supreme Court Read More »
Diversified miner Exxaro Resources reports that, as of August 31, the number of Covid-19 tests conducted through two testing labs set up by it had surpassed the 150 mark. Exxaro has invested in opportunities to increase private testing capacity by sett…
Exxaro Covid-19 testing surpasses 100 mark Read More »
LSE-listed Gem Diamonds has recovered a high-quality 233 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. This follows the recent recovery of a high-quality 442 ct …
Gem recovers high-quality 233 ct diamond at Letšeng Read More »
Aim-listed BlueRock Diamonds says a 12.12 ct diamond recovered at its Kareevlei mine, near Kimberley, in South Africa, in July has been valued at $104 000. "This is our fifth diamond recovered with a value of above $100 000.
BlueRock values 12ct diamond at $104 000 Read More »
Toronto-listed Troilus Gold has announced the results of a preliminary economic assessment (PEA) for its namesake project in Quebec, outlining plans for a $333-million mine that has the potential to become a large North American gold producer.
The PEA…
Troilus unveils PEA for $333m Quebec gold mine Read More »
TSX-V-listed Nouveau Monde Graphite (NMG’s), which is developing the Matawinie graphite project in Saint-Michel-des-Saints near Quebec, has closed financing transactions totalling C$20-million with Pallinghurst.
Shareholders at the annual general and…
Pallinghurst reinforces commitment to Canadian graphite junior Read More »
Australian thermal coal producer Terracom said on Tuesday that refinancing risks linked to a large eurobond repayment due next year had raised uncertainty over its ability to stay in business, as it logged a steep loss in its full year results followin…
Australian coal producer Terracom notes refinancing risk Read More »
Aim-listed gold developer and explorer Hummingbird Resources has completed the acquisition of Cassidy Gold Corporation’s Kouroussa gold project in Guinea.
The project is a near-term development asset in the prolific Siguiri Basin, situated near the to…
Hummingbird completes Kouroussa transaction Read More »
Fortescue Metals Group on Tuesday said a unit of the company would work with the Papua New Guinea (PNG) government to assess the feasibility of potential projects to develop hydro-power resources.
The deal between Fortescue Future Industries, the PNG …
Australia’s Fortescue unit enters deal to assess PNG hydro projects Read More »
Junior Malachite Resources has struck a term sheet to acquire an 80% interest in Kolosori Nickel.
Malachite earlier this year entered into a memorandum of understanding with Kolosori Nickel to carry out a due diligence on the company, which owns the K…
Malachite makes a play for Solomon Island nickel Read More »
