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Chilean mining giant Codelco said on Saturday that it will temporarily halt the expansion of its flagship mine, El Teniente, and called the move necessary to combat the rapidly spreading new pneumonia epidemic. Lundin Gold restarts Fruta Del Norte gold mine operation Lundin Gold Inc. said on Sunday that the production of the Fruta del […]

Nickel-copper miner and explorer Jervois Mining plans to drill in the Kilembe area in western Uganda to test high-grade copper/gold cutting samples and gold anomalies in the soil. The planned drilling is focused on the tectonic zone, which was determined based on the geomagnetic work carried out earlier this year, which is consistent with the high-grade […]

BHP Billiton (BHP) has reached an agreement with Norilsk Nickel’s Australian subsidiary to acquire its Honeymoon Well nickel project in Western Australia. The Honeymoon Well nickel project includes the Honeymoon Well development project and a 50% interest in the Albion Downs North and Jericho exploration joint venture. BHP Nickel West currently owns a 50% interest […]

Canadian uranium prospector Appia Energy will launch the Alces Lake project summer drilling program from June to July. The project is located in Saskatchewan and has an area of approximately 14,334 hectares. Tom Drivas, CEO of AppiaEnergy, said that among the global rare earth reserves, Alces Lake may rank second in the world and is […]

According to Mining.com, China Zijin Mining successfully acquired Guyana Goldfields at a price of 323 million Canadian dollars (238 million US dollars), beating Silvercorp Metals. The Fujian-based mining giant proposed to buy Guyana’s common stock for $1.85 per share in cash, which is 35% higher than the price offered by Silver Metal. NMDC announces Becheli […]

Canadian mining company Yamana Gold has hired GoldSpot Discoveries, composed of geologists and data scientists, to determine the new drilling targets for the Cerro Moro gold and silver mine in Argentina. GoldSpot is a Canadian technology company that uses AI technology to reduce capital risks. It will explore Yamana’s entire database and look for previously […]

Eldorado Gold has begun construction of a $24 million tunnel at the Lamaque Gold Mine in Quebec, Canada, which will allow the company to increase production and reduce energy consumption. George Burns, President and CEO of Eldorado, said that this development project will bring a number of short-term and long-term benefits to the company and […]

Canadian Monarch Gold sold its Fayolle project in western Quebec to IAMGOLD Corporation for $11.5 million in cash and stock transactions. IAMGOLD will issue $9.7 million in common stock to Monarch and pay $300,000 in cash after the transfer of assets. IAMGOLD is limited to providing $1.5 million in cash to Monarch 90 days after […]

As the Ecuadorian government eased restrictions related to the new coronavirus to maintain a weak economy, Lundin Gold has resumed operations in the country’s northern gold and silver mines. Currently, Lundin has shipped all concentrates and ores stored on the site since the operation was suspended on March 22.