For years, Brazil was overlooked as a favourable mining jurisdiction within South America. But what's recently become apparent is that times are changing. The countries that were once deemed as go-to options are now experiencing civil unrest and political instability. While these countries no longer attract the investment dollars they once did, Brazil is emerging as a mining destination of choice....Read More
EnCore Energy (TSXV: EU; OTCQB: ENCUF) has won a court challenge to its US$32 million Dewey-Burdock uranium project in South Dakota. The Oglala Sioux Tribe and watchdog group Aligning for Responsible Mining wanted a United States appeals court to review its decision in August approving the Nuclear Regulatory Commission's (NRC) licence for enCore to mine uranium at the project about 150 km south...Read More
Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout of Canadian miner Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ).Shareholders of the Montreal-based company approved on Monday the deal that gives Rio Tinto control over the world's largest known copper and gold deposit, with a 66%...Read More
Panama's government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the Canadian miner.The move, unusual among Latin American countries, came after First Quantum missed a Wednesday night deadline to ink a new royalty deal that has been in the works since September 2021.The miner said on Friday...Read More
Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece.The proposed mine, which has reserves of 3.7 million oz. of gold and 1.7 billion lb. of copper, was halted from 2017 to 2021 due to government delays in issuing permits and community opposition.After inkin...Read More
The latest inflation news was glorious, they said. The whole media told us so!It's easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.Inflation is all but done! It's pretty interesting because they have been saying this fo...Read More
On December 9, the U.S. military made major headway in its effort to catch Russia and China, who have long outpaced us in cutting -dge weapons development. Indeed, while our two main geopolitical adversaries have already deployed hypersonic weapons - missiles that travel more than five times the speed of sound - the Pentagon has been trapped in the testing phase. Until now, it seems. Because la...Read More
Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (Read full newsRead More
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (Read full newsRead More
The miner will buy 22.2 million shares at 18c per share, a 26% premium to the five-day volume-weighted average price of Candente shares. FMG first invested in Candente in early 2020 and holds 52.Read More
Look beyond market approach to project valuations: van ZylLeadershipGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe miner will buy 22.2 million shares at 18c per share, a 26% premium to the five-day...Read More
For the year-to-date, Adaro's share price has surged by 1,167% to 1,710 IDR as of 15 December. The stock peaked at 2,990 IDR on 19 April before drifting lower.Read More
Share this article TORONTO - First Quantum Minerals Ltd. (FM-TSX) has released an update on negotiations with the Government of Panama on the framework governing the operation of the Cobre Panama mine by its subsidiary Minera Panama S.A. (MPSA).In a press release, First Quantum said the Government of Panama and MPSA were unable to reach an agreement by the December 14, 2022, deadline imposed by t...Read More
The deal was signed at a business forum on the sidelines of the US-Africa Leaders Summit in Washington.Read More
"Following an intrusion of artisanal miners in the perimeter of the operations, an incident with a gendarme has caused one death and one injured among the artisanal miners," Robex said.Read More
A statement issued by the Ministry of Commerce and Industries said negotiations failed to close on the broad terms the parties agreed in January.Read More
Biden's meeting included Nigerian President Muhammadu Buhari, who heads sub-Saharan Africa's largest economy, and President Felix Tshisekedi of the Democratic Republic of the Congo, a leading producerRead More
(IDEX Online) - Petra saw revenue from rough diamond sales fall by almost a third at this month's tender, down to $42.3m from $61.3m in October/November.The volume sold in Tender 3 FY23 was also down by almost a third as per carat prices remained virtually unchanged. The UK-based miner said the earlier cut-off date for the current cycle was largely to blame for the lower sale. They were...Read More
(IDEX Online) - Canadian rapper Drake commissioned a one-off necklace featuring 42 diamonds - one for each time he considered proposing marriage, but didn't.Previous Engagements was crafted by celebrity jeweler Alex Moss over 14 months, using 351.38 carats of diamonds in a range of cuts (round, emerald, princess and pear) and settings, at a reported cost of $12.5m."Each stone meticulously set...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) says it sold over 70 per cent of the $20m of rough offered this month, in what it describes as a "cautious" market, realizing a total of $14m. In November it offered $23m of rough and said only that it had sold more than the 55 per cent it managed at its previous tender. For comparison purposes, its rough sales in July were $35m.In its Dece...Read More