Petra Diamonds cuts forecasts, jobs amid market weaknessSales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.Cecilia Jamasmie | December 20, 2024 | 3:57 am
Asante nets $500m forward purchase deal for gold produced at BibianiThe Vancouver-based gold miner said it expects gold production at…Staff Writer | December 19, 2024 | 1:57 pm
Mercuria partners with Zambia on metals trading ventureThe joint venture will buy and sell copper domestically and…Bloomberg News | December 19, 2024 | 10:05 am
Montage Gold breaks ground at Koné project The Koné gold mine will be in production for 16 years and is anticipated to deliver first output by the second quarter of 2027. Staff Writer | December 19, 2024 | 5:32 am
Activist Palliser pushes Rio Tinto to review dual listing Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value. Cecilia Jamasmie | December 19, 2024 | 4:05 am
Canada clears Paladin’s $789 million Fission Uranium takeover The deal is expected to be completed by early January 2025. Reuters | December 18, 2024 | 2:57 pm
US graphite miners ask Washington to impose 920% tariff on Chinese rivals An existing tariff of 25% on most Chinese graphite is "far too low", the group representing US and Canadian graphite miners said. Reuters | December 18, 2024 | 2:29 pm
Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%. Blair McBride - The Northern Miner | December 18, 2024 | 9:54 am
India’s record gold import said to be due to calculation error Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say. Bloomberg News | December 18, 2024 | 9:53 am
Trump advisers urge ending environmental reviews for mines receiving US funds Proposed US critical minerals projects have been in regulatory review for more than a decade. Reuters | December 18, 2024 | 9:21 am
Torex Gold’s mining suspension in Mexico lifted Torex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range. Staff Writer | December 18, 2024 | 8:54 am
Namibia investigates China’s Xinfeng for alleged illegal mining Namibia’s Ministry of Mines and Energy is investigating Xinfeng for alleged illegal mining in the lithium-rich Erongo region. Bloomberg News | December 18, 2024 | 8:00 am