July 24, 2023

Electra expands LG cobalt supply deal with delayed start date

Electra will supply LG with 3,000 tonnes of cobalt product in 2025 and a further 4,000 tonnes in each of the following years through 2029.

July 24, 2023

Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets

Copper M&A more than doubled in 2022 to $14.24 billion from the previous year, according to an S&P Intelligence report.

July 21, 2023

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak  

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

July 21, 2023

NGEx Minerals more than doubles private placement, stock gains

The net proceeds will be predominantly used for its Lunahuasi exploration project in San Juan province, Argentina, and Los Helados project in Region III, Chile.

July 21, 2023

Excellon Resources acquisition of La Negra falls through

Excellon's two board members have resigned after the mine seller unexpectedly sent it a notice terminating the transaction.

July 20, 2023

At international deep sea mining meeting, debate moves behind closed doors

The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.

July 20, 2023

Barrick Gold targeted by Russian cybercriminal group Clop in global data theft that hit Sun Life, Vancouver transit police

Clop’s modus operandi is to demand ransom in return for not publishing the data stolen, or to sell it to a third party.

July 20, 2023

Orea amends deal with Nordgold regarding stake in French Guiana project

In August 2022, Orea announced that it would be buying out Nordgold's majority stake in the 5-million-ounce project for C$100 million.

July 20, 2023

Probe Gold increases Novador resource estimate by 28%

Drilling in 2022 converted an additional 1.99 million oz. to the measured and indicated category.

July 20, 2023

Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life

The PEA gives Shovelnose an after-tax NPV, at a 6% discount, of C$222 million, with an IRR of 32.3%.