Dominion Diamond Mines is suing DDMI, its associate in the iconic Diavik mine and a subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO), for alleged breach of contract and acting against the best interests of the partnership.The lawsuit, filed on Tuesday in the Supreme Court of British Columbia, Canada, alleges that Diavik Diamond Mines, which owns 60% of Diavik, has operated the mine in a manner that s...Read More

A preliminary economic assessment (PEA) for Osisko Metals' (TSXV: OM; US-OTC: OMZNF) wholly owned Pine Point project in the Northwest Territories outlines an 11,250 tonne per day open-pit and underground operation, mining 47 small open pits and eight high-grade shallow underground deposits.The proposed 10-year mine would produce an average of 327 million lb. of zinc and 143 million lb. of lead ann...Read More

Northern Dynasty Minerals (TSX: NDM; NYSE-AM: NAK), the company behind a proposed massive copper-gold mine in southwest Alaska, has announced a revenue sharing program for full-time residents of Bristol Bay.The initiative would distribute a 3% of the revenue generated from the Pebble copper-gold-silver mine among adult locals who subscribe as participants of the "Pebble performance dividend" plan....Read More

At 5,500 meters above sea level, a team of four from a major Chinese zinc smelter was driving up a snowy mountain in the summer of 2018, on their way to the country's largest known zinc-lead deposit - the Huoshaoyun deposit southwest of Hotan County in the Xinjiang Uyghur Autonomous Region.But the field trip came to an abrupt end when the team was just two hours away from the site.  "We...Read More

Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesI noted several months back, possibly on more than one occasion, that I felt we were entering, or indeed, well into, Cold War II.Read More

Arctic watchers fear 150,000 barrels of diesel oil from a ruptured fuel tank at a Russian nickel mine will spill into the Arctic Ocean, as cleanup efforts falter.Read full newsRead More

BP CEO Bernard Looney said in a report published Wednesday that some aspects of the energy systemRead full newsRead More

Newmont Mining CEO Tom Palmer discussed why the company runs business as if gold is at the bottom of the cycle.Read full newsRead More

The Federal Reserve is not looking to raise interest rates from its zero-bound target for the next two years and according to Peter Grosskopf, CEO of Sprott ...Read full newsRead More

Greatland Gold could be a fantastic bargain at current levels if the company's able to live up to its full potential, based on current estimates. The post Is Greatland Gold the bargain you need to buy today? appeared first on The Motley Fool UK.Read full newsRead More

I’ve never been a big fan of mining stocks for what I’ve always thought as obvious reasons.I strive to own a portfolio full of excellent businesses with superior moats, certain characteristics that protect them from competition. It’s very rare to find that in a mining stock. After all, every gold, silver, or other mineral producer ends up with a product that is the exact same as...Read More

GFG Resources' core shack in Timmins, Ont. Credit: GFG Resources After a successful initial drill program earlier this year at its Pen project, 40 km west of Timmins, and a C$5.9-million financing closed in May, GFG Resources is planning a more "aggressive" exploration program for the second half of the year.An 8,500-metre campaign starting next month will focus on the Nib prospect, where the c...Read More

Nelligan drill core Credit: Vanstar Drill results from Iamgold's 75%-owned Nelligan joint venture project in Quebec suggest potential for a western extension of the existing resource and confirm the data in the existing resource model.In its most recent release, the company has reported assays for six diamond drill holes. Highlight intercepts include 27 metres of 2.86 g/t gold starting at 337.5...Read More

Dixie project. Photo by Great Bear. Drilling at Great Bear's 91.4-sq.-km Dixie property in Ontario has intersected a new Red Lake-style gold-bearing zone -Arrow - 1 km west of the Hinge zone, which features a similar style of mineralization.Hole REG-002 returned three gold-bearing zones along 435.6 metres of core, including 15 metres of 3 g/t gold starting at 451.5 metres, with visible gold in...Read More

MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories:Vale to resume operations at Voisey's Bay in July - Read the story here.$37 billion gold project spend needed by 2025 - Read the story here.Dominion Diamond sues partner in Diavik mine - Read the story here.Nexa issues $500 milli...Read More

Appian Capital Advisory has announced the appointment of Igor Gonzales as the company's Chief Operating Officer.Gonzales will manage the company's technical team working across Appian's portfolio, with direct oversight of the firm's operated assets including Atlantic Nickel's producing Santa Rita nickel-copper-cobalt project and Minera????o Vale Verde's copper-gold Serrote project in Brazil, which...Read More

Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More

The three-month zinc price on the London Metal Exchange was the top performer at the close of trading on Thursday June 18, with steady buying prompting its highest close since February, while copper futures consolidated above nearby support levels over the afternoon.Zinc's underlying price on the LME closed at $2,052 per tonne at  5pm London time, climbing from an intraday low of $2,012.50 pe...Read More

The London Metal Exchange three-month copper price rose during morning trading on Thursday June 18, breaching nearby resistance levels after a sizable fresh cancellation, while zinc futures maintained Wednesday afternoon's gains in a steady consolidation above $2,000 per tonne.LME copper's outright price was recently at $5,847.50 per tonne, climbing by over 1% from Wednesday's closing price of $5,...Read More

Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More