Eldorado Gold to hold 9.9% of Amex Exploration with share purchase Amex’s flagship project is the Perron gold property located 110 km north of Rouyn-Noranda, Quebec. Staff Writer | January 16, 2024 | 11:04 am
Seabridge boosts Courageous Lake M+I resource to 11 million oz. gold Courageous Lake now has an after-tax net present value with a 5% discount of $523 million. Staff Writer | January 16, 2024 | 10:49 am
Kenorland converts JV interest in Frotet gold project into NSR royalty This would end the joint venture partnership with Sumitomo Metal Mining established in 2018. Staff Writer | January 16, 2024 | 10:49 am
Indonesia approves Freeport’s mining quota for 2024-2026 Indonesia last year changed mining production plans from annual to valid for three years. Reuters | January 16, 2024 | 10:03 am
Train collision disrupts supplies to Africa’s biggest coal port The disruption comes as Transnet struggles to improve its performance, particularly on the line that transports coal from mines in South Africa’s Mpumalanga province to the Richards Bay Coal Terminal. Bloomberg News | January 16, 2024 | 9:41 am
China cobalt buyers use global glut to challenge pricing A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand. Bloomberg News | January 16, 2024 | 9:29 am
As price parity beckons, substitution from palladium to platinum to wane The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity. Reuters | January 16, 2024 | 9:23 am
Ivanhoe, Gécamines to reopen historic Kipushi mine The historic zinc-copper mine will restart in Q2 2024, with expected production pegged at more than 250,000 tonnes of zinc a year. Cecilia Jamasmie | January 16, 2024 | 9:03 am
Uranium Energy to reboot Christensen Ranch ISR operation in Wyoming First production is expected during August of this year and will be funded with existing cash on the company's balance sheet. Staff Writer | January 16, 2024 | 8:59 am