Northern Dynasty gets US nod for Alaska gold mine plan

Giant Alaska copper-gold mine gets final environment nod after 15-year fight

The US Army Corps of Engineers recommends construction of Northern Dynasty's Pebble mine – a deposit worth $342 billion at today's gold and copper prices.

Cecilia Jamasmie | July 24, 2020 | 3:18 am

Petra scraps company sale after debt-for-equity deal

Petra Diamonds production, revenue knocked down by covid-19

Full-year revenue fell by a third as the diamond miner sold 23% fewer carats for 36% less revenue in the year to June 30.

Cecilia Jamasmie | July 23, 2020 | 10:03 am

Teck to lay off workers, cut spending as US-China trade war weighs on profit

Teck’s Chile expansion delayed by up to six months

Teck said it could see its Quebrada Blanca Phase 2 expansion project in Chile delayed, at a cost of up to $290 million.

Cecilia Jamasmie | July 23, 2020 | 5:59 am

Musk's tweets fuel mining industry's hopes of a buyout by Tesla

Tesla offers “giant contract” to responsible nickel miners

Boss Elon Musk has a plea for mining companies: “Please mine more nickel.”

Cecilia Jamasmie | July 23, 2020 | 3:50 am

Karora produces 24,078 oz. in Q2, maintains guidance

Karora Resources to sell 28% of Quebec nickel project

The company is selling its interest in Dumont to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.

Cecilia Jamasmie | July 22, 2020 | 10:07 am

Danakali sells stake in flagship Colluli potash project in Eritrea

Danakali scores Eritrea nod for vast potash mine

The Eritrean Ministry of Energy & Mines has given Danakali the green light to develop its Colluli potash project.

Cecilia Jamasmie | July 22, 2020 | 7:03 am

Antofagasta plans 20% increase in copper output by 2026ela as union accepts contract offer

Antofagasta copper output steady despite pandemic

Production volumes in the second quarter were 5% ahead of expectations, but lower than in the first quarter.

Cecilia Jamasmie | July 22, 2020 | 3:58 am

Anglo Asian to tap into Ireland riches after deal with Conroy

Anglo Asian to tap Ireland riches with Conroy deal

Agreement to form a joint venture is its first foray outside Azerbaijan.

Cecilia Jamasmie | July 21, 2020 | 10:13 am

Alrosa kicks off diamond exploration in Zimbabwe

In partnership with state-controlled diamond miner ZCDC, Alrosa aims to discover new deposits.

Cecilia Jamasmie | July 21, 2020 | 6:54 am

Northern Dynasty releases ESG for Pebble project

Northern Dynasty expects Pebble sign off this week

The US Army Corps of Engineer is poised to recommend the development of the massive copper-gold mine in Alaska.

Cecilia Jamasmie | July 21, 2020 | 3:50 am

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