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Troilus recently installed solar power at its namesake mine
Troilus advances project financing with $500m German loan guarantee
13th November 2024 By: Creamer Media Reporter

Canadian development-stage mining firm Troilus Gold has taken a step forward in financing its flagship copper and gold project in Quebec, with the receipt of a letter of intent (LOI) from Euler... 


Piedmont Lithium slashes more jobs under cost-cutting plan
Piedmont Lithium slashes more jobs under cost-cutting plan
13th November 2024 By: Reuters

US miner Piedmont Lithium has nearly halved its total workforce after completing an additional 32% reduction in October as part of an ongoing cost-cutting plan, it said on Tuesday. The company... 


Richard Young
New i-80 Gold CEO unveils fresh development plan, strategic direction
13th November 2024 By: Mariaan Webb

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 


Mosaic's third-quarter profit falls short of expectations, CFO Freeland to retire
13th November 2024 By: Bloomberg

Fertiliser producer Mosaic missed Wall Street estimates for third-quarter profit on Tuesday, hurt by production snags and lower potash prices, sending shares down 8.3% in afternoon trading. The... 


Suncor Energy beats Q3 profit estimates on higher production, raises dividend
13th November 2024 By: Reuters

Canada's Suncor Energy raised its quarterly dividend on Tuesday after the integrated oil and gas firm beat estimates for third-quarter profit, as it benefited from higher oil production and demand... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


Silver bars
Higher silver supply to reduce global deficit by 4% in 2024
13th November 2024 By: Reuters

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 


Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
12th November 2024 By: Mariaan Webb

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


President Donald Trump
Climate skeptics urge Trump to boost coal, gut science in agencies
12th November 2024 By: Bloomberg

Activists who dispute the severity of climate change enjoyed cachet in Donald Trump’s first administration and salivated over the prospect of his return to the White House. Now that he’s won,... 


Lee Zeldin
Trump picks former congressman Lee Zeldin to lead EPA
12th November 2024 By: Bloomberg

President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost... 


Robert Friedland
Ivanhoe’s Friedland says fears for China on US tariffs overblown
12th November 2024 By: Bloomberg

China has reduced its exposure to the US economy since Donald Trump’s first administration, leaving it better placed to weather the punitive trade tariffs being pledged by the president-elect,... 


Mintek CEO Dr Molefi Motuku
South Africa has impressively low battery manganese incentive price, Mintek@90 hears
11th November 2024 By: Martin Creamer

South Africa’s current process of dissolving the world’s purest manganese metal to make battery grade manganese has got the lowest incentive price of any of the new, non-Chinese high-purity... 


South32 makes investment in Canadian copper explorer
South32 makes investment in Canadian copper explorer
11th November 2024 By: Mariaan Webb

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 


UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
11th November 2024 By: Mariaan Webb

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 


Stallion sheds antimony project to focus on Athabasca uranium
Stallion sheds antimony project to focus on Athabasca uranium
11th November 2024 By: Mariaan Webb

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 


New chapter for Integra as Great Basin focused miner
New chapter for Integra as Great Basin focused miner
11th November 2024 By: Mariaan Webb

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 


Hot Chili adds historical La Verde mine to Costa Fuego copper hub
11th November 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed copper explorer Hot Chili has entered into a three-year option agreement to acquire a 100% interest in the historical La Verde openpit copper mine, in Chile. The mine is about... 


Barrick CEO Mark Bristow
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom
11th November 2024 By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


The Wheeler River camp
Federal review of Phoenix project nearing completion – Denison
8th November 2024 By: Mariaan Webb

Canadian uranium company Denison Mines is advancing engineering and regulatory efforts for its planned Phoenix project in Saskatchewan, targeting a final investment decision by mid-2025. This will... 


First Nation threatens legal action over Osisko’s Cariboo gold project
First Nation threatens legal action over Osisko’s Cariboo gold project
8th November 2024 By: Mariaan Webb

Gold exploration and development company Osisko Development is facing potential legal challenges over its Cariboo gold project in British Columbia, as the Xatśūll First Nation threatens to take... 


MP Materials posts smaller-than-expected loss on higher output, sales
8th November 2024 By: Reuters

US rare earths miner and processor MP Materials on Thursday reported a smaller-than-expected loss in the third quarter, helped by higher production and sales volumes of the strategic materials. MP... 


Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
8th November 2024 By: Mariaan Webb

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 


Stockpiles of iron-ore in Australia's Pilbara
Iron-ore falls ahead of China unveiling fresh fiscal stimulus
8th November 2024 By: Reuters

Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top consumer China unveiling its keenly-watched fiscal stimulus package. The... 


Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
8th November 2024 By: Reuters

Arcadium, the lithium producer that has agreed to sell itself to Rio Tinto, posted an 82% drop in quarterly income on Thursday that missed Wall Street's expectations due to sliding prices of the... 


Gold bars
Gold ETF demand turns positive for year-to-date, says WGC
8th November 2024 By: Reuters

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Pueblo Viejo
Barrick Gold misses profit estimates on higher costs, lower Nevada production
7th November 2024 By: Reuters

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 


Bisie tin mine
Alphamin posts record quarterly tin output
7th November 2024 By: Marleny Arnoldi

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 


Hecla's Greens Creek mine
Hecla slashes 2024 silver guidance amid unplanned maintenance
7th November 2024 By: Mariaan Webb

NYSE-listed Hecla Mining, the largest silver producer in the US, has downgraded its 2024 silver production guidance following unplanned maintenance at its Greens Creek mine, in Alaska, and... 


Equinox’s newest and biggest mine achieves commercial production
Equinox’s newest and biggest mine achieves commercial production
7th November 2024 By: Mariaan Webb

Toronto-listed Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing... 


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