CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesUnder the terms of the merger, each Altus shareholder will receive 0.5940 new Elemental shares for each share held....Read More
The cash offer is part of the firm's plans to reduce its US$7.6 billion of debt and follows strong flows from the company's coal, zinc and copper operations.Read More
Toronto-listed B2Gold is deepening its resource print in Mali after it moved last month to buy Australian-listed Oklo Resources for A$91.Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesFlooding in the region began on June 13, triggered by a warm spell of weather, and rapid snow melt in mountains, ex...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesBeijing-based MMG suspended operations in April after huge protests by indigenous communities with some activists i...Read More
(IDEX Online) - A flawless 103.49-ct diamond sold for over $20m at Christie's New York, beating its high estimate of $18m.The Light of Africa Diamond (pictured) is a D-color, Type IIa emerald-cut stone, from the iconic Cullinan mine, in South Africa.It was cut and polished in South Africa from a 299.3 carat rough stone, which was sold to Stargems DMCC, Dubai-based arm of the Antwerp diamond s...Read More
(IDEX Online) - Celebrity jeweler De Grisogono, which filed for bankruptcy in 2020, has been bought for an undisclosed sum by the Dubai-based Damac Group.De Grisogono was known for its close links with Hollywood actress Natalie Portman and supermodel Naomi Campbell, as well as its Creation I necklace, featuring the the largest D/IF diamond in the world (pictured), which sold for $33.7m at Christie...Read More
(IDEX Online) - The Dubai Diamond Exchange (DDE) says it is poised to become the world's largest hub for both rough and polished gems, as it reported over $11bn of trade in the first quarter of 2022.In February it announced it had overtaken Antwerp as the top trading hub globally for rough diamonds - over $22.8bn in 2021.And with over $4bn of polished trade in Q1 2022 - a year-on-year rise of...Read More
Geoscience BC has successfully demonstrated how an ordinary brewery and greenhouse gas meter can aid in finding new mineralized deposits.The organization said on June 14, the made-in-British-Columbia device was tested at the Mount Milligan copper-gold mine located between Fort St. James and Mackenzie.The device measures oxygen and carbon dioxide concentrations in soil (soil-gas) in real-time, indi...Read More
If gold companies want to survive the future of mining, which will entail low-grade ores and the required responses to climate change, they will need to consolidate, said Newmont (NYSE: NEM, TSX: NGT) CEO Tom Palmer, during his keynote speech on the second day of PDAC 2022 in Toronto. According to Palmer, miners are identifying fewer "large scale and transformative" gold deposits that are harder...Read More
Just ahead of a runoff presidential election in Colombia that will determine current president Iv??n Duque's successor, The Northern Miner caught up with the country's Minister of Mines and Energy, Diego Mesa Puyo at the Prospectors and Developers Association of Canada (PDAC) convention on June 13 in Toronto. Colombia has been trying to diversify its mining sector away from thermal coal, and Mesa...Read More
This week's episode features former Ontario Securities Commission chair and CEO Maureen Jensen in conversation with Northern Miner senior reporter Henry Lazenby at the Global Mining Symposium. Maureen discusses the shortage of millennial talent in the mining industry, the challenge of reaching net-zero by 2030, prospects for war and instability, and the importance of avoiding politics in the board...Read More
Canada's Adventus Mining (TSX-V: ADZN) and Salazar Resources (TSX-V: SRL) have reached a preliminary investment protection agreement (IPA) with Ecuador's government for their Curipamba-El Domo copper and gold project.As part of the deal, the partners have committed to investing US$270 million over the next 12 years in the project. The figure doesn't include the US$50 million both miners have inv...Read More
Mexico-focused precious metals miner Orla Mining (TSX: OLA; NYSE: ORLA) is expanding its footprint into the U.S. with the acquisition of Gold Standard Ventures (TSX: GSV; NYSE: GSV), whose main asset is the South Railroad open-pit project located on the Carlin trend in Nevada.Earlier this year, Gold Standard completed a robust feasibility study for the South Railroad gold project, outlining a mill...Read More
These are bewildering times. The state of the economy seems more up in the air than usual. Some say a recession is already upon us. Others that one will come yet this year, or in 2023. Others, including CPM Group, state that a recession is inevitable and imminent, but it might be 2024, 2025, or even 2026 before it arrives. The reality is that there still is a lot of slack in major parts of the Nor...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe government has successfully implemented changes to benefit the sector including taxation changes, reducing the...Read More
Here's the good news: The stock market didn't lose nearly as much today as it did yesterday. The Nasdaq even posted a 19-point gain.Of course the Dow still lost another 151 points and the S&P lost another 14. The S&P slipped into bear market territory yesterday, which doesn't bode well for the economy.Since 1970, whenever the stock market fell 18% or more over a four-month time frame, the...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesGovernment policy towards critical miners will be central to the future development of the sector in the resource-r...Read More
One of the world's leading gold-focussed royalty companies today, the roots of Franco-Nevada's successful journey lie in the purchase of its first royalty on the Goldstrike mine in 1986. But ask Pierre Lassonde, the company's co-founder who planned the purchase, and he will tell you that he "didn't really know what he was doing." In fact, soon after the purchase, his partner, Seymour Schulich,...Read More
Share this article VANCOUVER - Engold Mines Ltd.'s [EGM-TSXV; GWRRF-OTC] assays from quartz veins encountered in an upper portion of drill hole AZS22-83, targeting the Aurizon gold deposit at the 100%-owned Lac La Hache property in the Cariboo region of British Columbia, have returned significant gold values, including 2.5 metres grading 11.4 g/t AuEq (gold equivalent) and 7.11 metres grading 7...Read More