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Sierra Leone Woos Miners to Clean Energy With $11 Billion Plan

1732188517 from BLOOMBERG

Sierra Leone wants mining companies to connect to the grid and help reassure renewable-energy investors there’s enough demand in the West African nation to justify an ambitious $10.9 billion power plan.

Over 1,000 tonnes: Supergiant gold deposit discovered in central China

1732187259 from CGTN

Over 1,000 tonnes: Supergiant gold deposit discovered in central China

Cornish Metals Releases Unaudited Financial Statements and Management’s Discussion and Analysis for the Nine Months Ended 30 September 2024

1732172485 from FPOST

VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — Cornish Metals Inc. (TSX-V/AIM: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, is pleased to announce that it has released its unaudited financial statements and management, discussion […]

Serabi Gold Files NI 43-101 Technical Report for the Coringa Gold Project

1732172473 from FPOST

Serabi Gold Files NI 43-101 Technical Report for the Coringa Gold Project Serabi Gold (AIM:SRB, TSX:SBI; OTCQX: SRBIF) the Brazilian focused gold mining and development company, is pleased to announce that it has publicly filed its detailed Technical Report (the “Technical Report”) of its updated preliminary economic analysis (“PEA”) and updated mineral resource estimate (“Mineral […]

Nickel hopeful maps $1.6bn project path

1732165974 from BIZNEWSAU

A WA nickel aspirant believes the market for the maligned metal is on the brink of resurgence, while outlining the economics of its goal to build a $1.6 billion project.

Mining Chief Ellison Tells Shareholders: ‘I Hate What I’ve Done’

1732157246 from BLOOMBERG

Chris Ellison, the managing director and founder of Mineral Resources Ltd., told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax.

Ultra Lithium Receives Section 244 Notice From Power Minerals Limited

1732152101 from FPOST

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Lithium” or the “Company”) today announces it has received a section 244(1) notice under the Bankruptcy and Insolvency Act (Canada) (“s.244 Notice”) from Power Minerals Limited (“Power Minerals”). Power Minerals intends to make a court application […]

Letter: Where is the voice of responsible Yukon mining

1732146772 from MINING

… of the Yukon Chamber of Mines Dear Editor, Yukon News … by the Yukon Chamber of Mines, which claims to “…help … development…” on behalf of the mining industry. However, throughout a series … of irresponsible actions by mining companies in the territory, …

Ontario spending $13M to boost junior mining exploration

1732144396 from MINING

… to boost mining exploration in the North. Mines Minister George … to help 84 junior mining companies finance early exploration … projects. New mining exploration projects have the … is to help junior mining companies cover eligible costs …

Mining giant Rio Tinto rocked by an increase in sexual assault cases across its operations

1732142099 from MINING

… EST, 20 November 2024 Crisis: Mining giant Rio Tinto said eight … in the past 12 months Mining giant Rio Tinto has been … treatment of women in 2022. Miners have taken steps to address … problems at remote sites. ‘Miners have improved, but there is …

Mineral Resources Leaders to Face Shareholders After Scandal

1732138870 from BLOOMBERG

Good morning, it’s Georgie here in Sydney. Here’s all the news you need to start your day...Today’s must-reads:• Mineral Resources to face the music at Thursday’s AGM• Future Fund ordered to invest more in Australia• Australia faces a more challenging fiscal outlook

Mx2 Mining Closes C$16 Million Private Placement

1732138200 from MINING

… 2024 (GLOBE NEWSWIRE) -- Mx2 Mining Inc. (“Mx2” or the “ … be unlawful. ABOUT Mx2 MINING Mx2 Mining is a gold exploration … metals companies, including Red Back Mining, Aya Gold & Silver, … other risks relating to the mining industry. Forward-looking statements …

Stilfontein Mine: Rescue efforts underway to extract 'unknown number' of illegal miners

1732133955 from MINING

… bring up the illegal miners trapped underground The provincial … underway to extract illegal miners Police responded to a … physical] contact with the illegal miners, except for emergency personnel. … with the scourge of illegal mining once and for all. …

Nigeria's Mining Week sharpens focus on long-neglected sector

1732133796 from MINING

… conference, attended by government officials, mining industry players and international investors … the problem by investing in mining technologies, surveillance, data gathering, … the “Mining Marshal Corps” has arrested more than 300 illegal miners, including …

FG showcases mining sector reforms

1732130639 from MINING

… the sector, including combating illegal mining, introducing advanced technology, and … emphasized the importance of sustainable mining practices and local content development … advancing Nigeria’s mining sector. The President of the Miners Association of …

Illegal mining | Community members concerned about pace of miners' rise to the surface

1732129886 from MINING

… the surface. READ: Stilfontein miners' situation remains dire … to help bring the miners to the surface, after … miners. Bongani Jonas, National Youth Coordinator for Youth Affected By Mining … United in Action, is a negotiator giving miners updates …

Fireweed Metals wins award for exploration and mining practices 

1732128816 from MINING

… and Innovative Exploration and Mining Practices by the … and Innovative Exploration and Mining Practices” may be presented … Yukon Chamber of Mines, the Klondike Placer Miner’s Association, … subsurface imaging solution for mining applications. This advanced …

Chamber of Mines Applauds Mining Sector Growth

1732128512 from MINING

… of Mines has said that the recent developments in the mining sector … .  Zambia’s Chamber of Mines Chief Executive Officer Sokwani Chilembo … explained that he believes the mining sector will now see … took office, Zambia’s mining sector has received millions of …

Calls for artisanal mining and small-scale mining to be formalised

1732127592 from MINING

… -scale mining and training artisanal miners would prevent miners from conducting illegal mining operations … at abandoned mines. “We …

Artisanal miners get the green light

1732124885 from MINING

… small-scale miners funding as slowing the eradication of illegal mining. As … and Small-Scale Mining (ASM) refers to mining operations conducted by individuals … limitations which leads to illegal mining activities. “Re-emergence of illegal …

Rare coin issued after the California Gold Rush sold at auction for $1.4 million

1732123689 from FPOST

LOS ANGELES (AP) — Avid coin collectors jumped at the chance to get their hands on a rare $20 “double eagle” gold coin at a Southern California auction house Tuesday afternoon, but only one walked away victorious after paying a hefty price. The gold piece — minted in Carson City, Nevada, in 1870 — sold […]

What to know about a standoff between police and illegal miners at a South Africa mine

1732119146 from MINING

… country’s once booming mining industry. The illegal miners — known as zama … and abandoned mines that have been closed or where mining has been … halted. Police consider the illegal miners dangerous …

Gold edges higher on continued geopolitical tensions

1732115801 from FXSTREET

Gold (XAU/USD) recovers from a weak start to trade back in the $2,640s on Wednesday as geopolitical tensions in the Ukraine theatre of war ratchett up and drive fresh safe-haven flows into the precious metal.

Hydrogen-Powered Mining Trucks: Slow Start, But Big Potential

1732114207 from MINING

… Promise of Hydrogen in Mining Hydrogen-powered mining trucks provide a key … particularly appealing for large-scale mining operations, where operational downtime carries … Developments in Hydrogen Mining Trucks Several hydrogen-powered mining trucks are …

Chile’s rare salt flat fish faces extinction from lithium mining

1732111919 from MINING

… in and residents say copper mining has reduced the fish population … to launch a private lithium mining project, something locals and experts … guarantees to safeguard the ecosystem. “Mining activity, while important from an …

Korea Zinc Tycoon Fights for Control Amid Takeover Battle

1732107304 from BLOOMBERG

Korea Zinc Co.’s CEO Yun B. Choi tells Bloomberg's Stephen Engle he is working to regain shareholders’ trust after the company was forced to scrap its plans to raise $1.8 billion via issue of new shares. This marks a blow to Choi's effort to fend off a hostile takeover bid from its biggest shareholder Young Poong and private equity firm MBK Partners. (Source: Bloomberg)

Metals: LME lead stocks surge – ING

1732105919 from FXSTREET

LME lead stockpiles surged to the highest level since 2013 yesterday after a second consecutive day of big inflows into the exchange’s sheds in Singapore, ING’s commodity analysts Warren Patterson and Ewa Manthey note.

Exxon Signs Deal to Supply Lithium to Battery Maker LG Chem

1732100400 from BLOOMBERG

Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain.

Kazakhstan imposes six-month ban on steel billets and semi-finished product exports 

1732092219 from C ASIA

… fostering the development of Kazakhstan’s domestic steel production … local steel production capacity. Kazakhstan's steel industry … of steel products within Kazakhstan’s borders. This export … ’s value-added production. Kazakhstan's steel production …

Major Driver In Global Dosimeter Market 2024: Growth In Mining Industry Drives The Market

1732091400 from MINING

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, November 20, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Gold Hits Targets, Silver Eyes Breakout

1732090740 from INVESTING

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Poseidon chair on nickel woes

1732089012 from BIZNEWSAU

Poseidon Nickel chair Peter Harold has reflected on the torrid time for local nickel producers and the axed Mineral Resources deal that ultimately led to the Horizon Minerals merger.

SQM Signals More Pain for Lithium Industry as Prices Drop

1732085769 from BLOOMBERG

SQM, the world’s second-biggest lithium producer, is projecting further price declines of the battery metal as a painful rout continues to squeeze the industry.

Silver Rally Under Pressure Despite Growing Industrial Demand

1732085340 from INVESTING

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UBS Joins Goldman in Forecasting That Gold’s Rally Isn’t Over

1732083650 from BLOOMBERG

Gold will rally to $2,900 an ounce by the end of next year, according to UBS Group AG, echoing a call from Goldman Sachs Group Inc. for further gains as central banks expand their holdings.

Gold, Silver Bounce: Is This the Start of Something Bigger?

1732083420 from INVESTING

No description available

Korea Zinc CEO on Trump, Regaining Trust

1732072988 from BLOOMBERG

The CEO of the world's largest zinc smelter, Korea Zinc, says he is working hard to regain shareholders' trust, after being forced to scrap a 1.8-billion dollar share sale last week. Our Chief North Asia Correspondent Stephen Engle spoke exclusively with Yun B. Choi in Seoul about the steps he is taking revive the firm that is seen crucial for limiting China's dominance in metals and renewable energy. (Source: Bloomberg)

Investing to keep mining tech in Aus

1732072249 from MINING

… develops precision technology for the mining and resources industry, has received … are used in hard rock mining for minerals and metals such … Funds to support companies making mining safer, cleaner and more efficient …

Japan exports rebound on China chipmaking demand but Trump tariff risks loom

1732071940 from INVESTING

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New status for nickel-cobalt project

1732070292 from NICKEL

… has recognised the Wingellina Nickel-Cobalt Project’s significance … largest undeveloped oxide-type nickel-cobalt reserves, with production … for a major new nickel development outside the Chinese … -dominated Indonesian nickel industry.   “We are …

Treating farmers like serfs: Mallee MP calls out energy and mining projects

1732065510 from MINING

… requirements on energy companies as mining companies: they will have to …

Mining Indaba 2025

1732065191 from MINING

… exceptional networking opportunities within the mining industry. By attending, participants … thinking. Limitless Networking Opportunities Mining Indaba is renowned for … exceptional networking opportunities within the mining industry. By attending, …

Miners’ Plights at FG Gold Mining

1732063557 from MINING

… Local miners of one of Africa’s large scale commercial Gold mining … violates Part XIX of the Mines and Minerals Development Act of … allegations against the FG Gold mining company intensifies, there is urgent … of Labour to visit the mining site to address what …

Piedmont Lithium-Sayona Mining merger creates larger, stronger...

1732059864 from MINING

… OTC:PLLTL) and Sayona Mining already operate the North … producing hard rock lithium miner in North America. … — a critical minerals and mining-focused global investment firm.  Piedmont … financing, cornerstoned by leading mining private equity group RCF …

3 High-Potential Gold Mining Stocks to Hedge Against Inflation

1732057876 from MINING

… could consider fundamentally solid mining stocks Agnico Eagle Mines Limited (AEM), … fundamentals of the top three Miners – Gold stocks, starting with … stocks in the B-rated Miners – Gold industry. To check … stocks in the B-rated Miners – Gold industry. To check …

Our reforms positioning Nigeria as a global mining player – Alake

1732057398 from MINING

… involved in illegal mining activities. More than 300 illegal miners have been … prosecution. Nationwide investigations into illegal mining sites are intensifying, and the … persuasive approach of encouraging artisanal miners to form cooperatives and formalize …

Indigenous-owned Mining Royalty Firm Targeting Canadian Resource Opportunities

1732056879 from MINING

… also providing opportunities for investors. Mining royalties, a common feature … agreements between First Nations and mining companies across Canada, representing significant … to generate revenue even before mines begin production. Additionally, shareholders …

Bawumia promises better regulation for small-scale miners

1732056357 from MINING

… to supporting small-scale miners while ensuring that mining practices remain sustainable … challenges faced by small-scale miners, including the bureaucratic obstacles in … prevalence of illegal mining activities. He assured the miners that the government …

Golden Minerals Reports Third Quarter 2024 Financial Results

1732055191 from FPOST

GOLDEN, Colo. — Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results for the quarter ending September 30, 2024. (All figures are in approximate U.S. dollars.) Third Quarter Financial Summary The Company recorded no revenue related to gold and silver in doré, but recorded revenue […]

Tinubu pledges reforms to reposition mining industry

1732054058 from MINING

… involved in illegal mining activities. More than 300 illegal miners have been … prosecution. Nationwide investigations into illegal mining sites are intensifying, and the … persuasive approach of encouraging artisanal miners to form cooperatives and formalize …