Top miners’ reclamation obligations could surpass industry’s total debt by 2033 Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013. Staff Writer | September 23, 2024 | 10:43 am
SSR targets October restart at Seabee gold mine in Saskatchewan after forest fire Last year, Seabee produced 90,777 oz. of gold, and is forecast to produce 75,000-85,000 oz. in 2024. Staff Writer | September 23, 2024 | 10:33 am
BHP and Cobre to jointly explore for copper in Botswana The potential earn-in JV covers Cobre's Kitlanya West and East copper projects in the Kalahari copper belt. Cecilia Jamasmie | September 23, 2024 | 9:47 am
Gold price climbs to new record, now up 27% on the year Bullion has advanced since the Federal Reserve lowered its benchmark interest rate by half a percentage point last week. Staff Writer | September 23, 2024 | 9:31 am
Nevada King Gold’s high-grade hits cap off strong summer of drilling Highlight hole cut 53.8 metres grading 4.1 grams gold per tonne and 32.9 grams silver. Blair McBride - The Northern Miner | September 23, 2024 | 9:31 am
Ivanhoe Electric unit secures $55 million Chinese investment for vanadium battery business In addition to forming a JV, Ivanhoe and VRB will also establish a separate US-based vanadium redox battery business, to be located in Arizona. Staff Writer | September 23, 2024 | 8:45 am
At least 38 dead in Iran coal mine blast The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company. Reuters | September 23, 2024 | 7:54 am
Indonesia President inaugurates production of Freeport Indonesia’s copper smelter The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate. Reuters | September 23, 2024 | 7:14 am
Iron ore price hits over 1-year low on soft China demand prospects, firmer supply Stainless steel exports in China hit a record high in August. Reuters | September 23, 2024 | 6:58 am