State auditors recommend Freeport Indonesia be fined for smelter delays In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years. Reuters | December 6, 2023 | 9:35 am
Rob McEwen ups stake in junior explorer Goliath Resources The owner of McEwen Mining made his first investment in Goliath as recently as October 2. Staff Writer | December 6, 2023 | 9:29 am
enCore Energy to sell 30% of Alta Mesa project to Boss Energy The project has an annual production capacity of 1.5 million pounds of yellowcake. Staff Writer | December 6, 2023 | 8:49 am
G7 to ban Russian diamonds, announce measures on price cap, assets The group is expected to announce a direct ban as of Jan. 1. Reuters | December 6, 2023 | 7:39 am
Trafigura targeted by US and Swiss over corruption The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil. Bloomberg News | December 6, 2023 | 7:33 am
Newmont pours 8,000th gold bar at Musselwhite mine The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year. Cecilia Jamasmie | December 6, 2023 | 6:14 am
New approach aims to detoxify artisanal gold mining A new approach to detoxifying artisanal gold mining aims to help miners keep their livelihoods while reducing associated health risks. Staff Writer | December 6, 2023 | 5:10 am
Rescuers pull out first survivor of Zambia landslide that trapped 38 miners On Dec. 1 a landslide inundated an open-pit copper mine and trapped at least 38 people who were working there without a permit. Reuters | December 6, 2023 | 5:06 am
Gold Royalty invests $31 million in Aura Minerals project in Brazil Financing is composed of a $21 million net smelter return royalty over the Borborema project, and a $10 million gold-linked loan. Staff Writer | December 6, 2023 | 3:53 am