LEAD, S.D. - In a former gold mine a mile underground, inside a titanium tank filled with a rare liquified gas, scientists have begun the search for what so farRead full newsRead More
Contango Holdings chief Carl Esprey aims to bring in a partner to develop the company's gold project in Mali in the coming months.Read full newsRead More
Share this article TORONTO - Royal Gold Inc. [RGLD-NASDAQ] has agreed to acquire Great Bear Royalties Corp. [GBRR-TSXV] in a $200 million all-cash transaction.Great Bear Royalties Corp is a precious metals royalty and streaming company. Its principal asset is a 2% net smelter royalty on Kinross Gold Corp.'s (K-TSX, KGC-NYSE) Great Bear project, which is located in the Red Lake Mining District of...Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaSirius was acquired by Anglo American...Read More
Gold Fields will revise its dividend policy to enable it to declare an interim and final dividend in respect of each financial year, based on 30-45% of normalised attributable earnings,Read More
Orla produced a record 25,672 ounces in the second quarter, keeping the firm on course to meet 2022 guidance of 90,000-100,000 ounces.Read More
The acquisition price represents a 43% premium over Great Royalties' 20-day volume weighted average trading price on the TSX Venture exchange up to and including July 8, and values Great BearRead More
The ambition was outlined by Barrick chief executive Mark Bristow on a visit to the firm's North Mara and Bulyanhulu operations in the east African country on July 10.Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical minerals Both men exited their coveted...Read More
(IDEX Online) - A jewelry store employee was shot in the chest after confronting armed raiders in Illinois, USA.His condition was described by local media as critical but stable following the attack at Reichman Jewelers (pictured), in Oak Lawn.Police say three masked male black offenders entered the store, pulled out guns and disarmed the security guard, on 1 July.They then started smashing displa...Read More
(IDEX Online) - Swiss watchmaker Richard Mille has launched the world's thinnest mechanical watch.It has a profile of just 1.80mm, shaving 0.05mm - about the thickness of a human hair - off the previous record holder, Bulgari's Octo Finissimo Ultra.The Richard Mille RM UP-01 Ferrari Ultra-Thin is the culmination of countless prototypes and more than 6,000 hours of R&D and laboratory...Read More
A Reuters analysis of power demand data supplied to mine, which can be used as a close proxy of mining activity, shows that power use levels had returned to normal after a slump in power use from lateRead More
"After a period of considerable support from Power Metal Resources, we are now in a position to regain complete ownership of our crucial prospecting licences in the Kalahari Copper Belt and at Ditau. On completion of the transaction, Kavango will become one of the largest landholders for copper exploration in Botswana," Kavango's CEO Ben Turney said.The terms of the proposed agreement sees Kavango...Read More
Building a net-zero economy is critical, but using fossil fuels still will be necessary for decades to come, said Pierre Lassonde, co-founder of Franco-Nevada on June 8 in Toronto at the Mining Legends Speaker Series, organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals."[Oil and gas are] going to be with us for the next 100 years," Lassonde said at the...Read More
Leading precious metals streaming company Royal Gold (NASDAQ: RGLD) has signed a definitive agreement to acquire all of the issued and outstanding shares of Great Bear Royalties (TSXV: GBRR) for a cash consideration of $6.65 per share. The acquisition price represents a 43% premium to GBR's 20-day volume weighted average trading price on the TSX Venture Exchange up to and including July 8, valuing...Read More
Shares of EV Nickel (TSXV: EVNI) jumped more than 50% in morning trading as the company's latest drill results from its Shaw Dome project in Timmins, Ont., intersected high-grade nickel sulphide.Highlights from the drill results included 14.30 metres grading 1.50% nickel starting from 311.8 metres in drillhole EV22-12, including 5.40 metres grading 2.96% nickel; and 5.50 metres grading 1.33% nicke...Read More
South African miner Gold Fields (NYSE: GFI; JSE: GFI) promised an improved dividend policy and a Toronto Stock Exchange listing in a bid to win shareholders who have expressed reservations about the planned US$6.7-billion takeover of Canada's Yamana Gold (TSX: YRI; NYSE: AUY) The merger, which would create the world's fourth-largest gold miner and is expected to surpass Agnico Eagle Mines (TSX:...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) is pushing ahead with pre-construction work at its Skouries gold-copper project in northern Greece, which was halted from 2017 to last year due to government delays in issuing permits and community opposition. After inking a new investment contract with Greece in early 2021, Eldorado has focused on resuming construction at the mine, which has reserves of 3....Read More
Just two months after closing its acquisition of the Okanjande graphite deposit and Okorusu processing plant in Namibia, Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has completed a preliminary economic assessment on a restart of the operation, which was put on care and maintenance in November 2018.Northern Graphite says the project could be brought back into first production within nine to 12 mon...Read More
Results from the first four diamond drill holes at its Hopper porphyry/skarn copper-gold project in southwestern Yukon are encouraging, says junior explorer CAVU Energy Metals (CSE: CAVU; US-OTC: CAVVF). The 7,400-hectare project is about 180 km northwest of Whitehorse and CAVU is earning a 70% stake in the project under an option agreement with project generator Strategic Metals (TSXV: SMD).Drill...Read More