Endeavour Mining says fired CEO to lose $29.1 million in payThe gold mining company said Thursday in a statement that de Montessus will forfeit pay, stock awards and other benefits.Bloomberg News | January 18, 2024 | 12:23 pm
Imperial’s Mount Polley produced 30 million lb. copper in 2023, despite damaged millCopper production was at the low end of guidance, but…Staff Writer | January 18, 2024 | 11:24 am
Fortuna produces record AuEq ounces in 2023, but faces silver decline, higher costsSilver production, however, saw a 15% decline due to decreased…Staff Writer | January 18, 2024 | 9:03 am
FPX Nickel and Japan agree to explore globe for ‘disruptive’ awaruite JOGMEC is to cover as much as $483,000 annually for two years in the search for deposits of the nickel-iron alloy at the Klow project in British Columbia. Staff Writer | April 3, 2023 | 12:13 pm
Rio Tinto fires up BlueSmelting demo plant in Quebec The demonstration plant will process 40,000 tonnes of ilmenite per year, making it the largest of its kind in the world. Staff Writer | April 3, 2023 | 9:41 am
Agnico Eagle becomes sole owner of Canadian Malartic mine The world’s third-biggest bullion producer now owns the Canadian Malartic, one of North America’s biggest gold mines. Cecilia Jamasmie | April 3, 2023 | 7:03 am
Teck rejects unsolicited $23bn takeover bid from Glencore Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources. Cecilia Jamasmie | April 3, 2023 | 4:03 am
Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022. Staff Writer | April 2, 2023 | 10:38 am
Generation Mining’s updated Marathon feasibility shows strong economics The company recently finalized an offtake agreement with Glencore. Staff Writer | March 31, 2023 | 9:20 am
Mercedes-Benz is “able and willing” to invest capital in mining – CEO The company has opened up a raw materials office in Canada to further discussions in the region on sourcing raw materials. Reuters | March 31, 2023 | 7:25 am
Barrick Gold, PNG ink new deal to restart Porgera mine Through the New Porgera Progress Agreement all parties have committed to resume operations as soon as possible. Cecilia Jamasmie | March 31, 2023 | 3:43 am
Sayona, Piedmont Lithium restart commercial production at NAL project in Quebec Sayona is targeting 226,000 tonnes per year of annual lithium concentrate production. Staff Writer | March 30, 2023 | 9:48 am