Zimbabwe central banker stockpiles gold to bolster ZiG currency The ZiG - short for Zimbabwe gold — is the nation’s sixth attempt at having a functioning local currency in the last 15 years. Bloomberg News | July 16, 2024 | 11:07 am
Brixton teams up with Eldorado on British Columbia gold project Located 9 km east of the town of Atlin, British Columbia, the property comprises a 579-square-kilometre claim group. Staff Writer | July 16, 2024 | 10:40 am
Agnico Eagle expands stake in First Nordic to 13% First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland. Staff Writer | July 16, 2024 | 10:32 am
Vale board members in a ‘state of war’ over CEO succession — report Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo. Staff Writer | July 16, 2024 | 9:36 am
Rupert Resources increases equity financing to $18 million The funds from these offerings will support ongoing exploration activities, technical and environmental studies in Finland. Staff Writer | July 16, 2024 | 9:11 am
Canada invests $142 million in critical minerals infrastructure in British Columbia The funding targets key highways essential for supporting mining activities. Staff Writer | July 16, 2024 | 9:09 am
Zijin Mining to take 9.9% stake in Montage Gold As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%. Reuters | July 16, 2024 | 8:30 am
Copper market’s biggest whale fuels speculation of a major shift The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year. Bloomberg News | July 16, 2024 | 8:29 am
Rio Tinto hails another step closer to develop Serbian lithium mine If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs. Reuters | July 16, 2024 | 8:25 am