Category: Latest Mining News

Uranium Energy (NYSE: UEC) has expanded its landholdings in the Athabasca basin of Saskatchewan with the acquisition of exploration-stage projects held by Rio Tinto Exploration Canada, a subsidiary of Rio Tinto PLC (NYSE: RIO; LSE: RIO; ASX: RIO).

Victoria Gold (TSXV: GCX) reported on Monday that its Eagle gold mine in the Yukon has resumed operations, having weathered the impacts of wildfire activity in the Canadian territory with the help of the Yukon Wildland Fire Management team.

JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) steelmaking coal business, according to a Bloomberg report

New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing facility held by Maritime Resources (TSXV: MAE).

Chaarat Gold Holdings (LSE: CGH), the company that once tried buying Centerra’s Kumtor mine in the Kyrgyz Republic, revealed on Friday that it’s considering the sale of its only operating mine, Kapan, in Armenia.

Lucara Diamond (TSX: LUC; BSE: LUC) shares rose by more than 12% Wednesday after it reported pulling a 1,080 carat diamond from its Karowe diamond mine in Botswana. It’s the company’s fourth thousand-plus carat diamond discovered from the mine since 2015.

As the world’s largest metal consumer, the second largest economy in the world, and the largest funder of overseas metal projects, China’s impact on the mining business globally cannot be overstated.

Gold Rim Exploration Inc, a leading Canadian precious metals mining company, is thrilled to announce a significant milestone in its mission to responsibly source gold and silver. Following an extensive and successful feasibility study, Gold Rim Exploration Inc is embarking on a new endeavor - the establishment of an open-pit gold and silver mine in El Rey, Salta, Argentina.

Barrick Gold (TSX: ABX; NYSE: GOLD) plans to restart operations at the Porgera gold mine in Papua New Guinea (PNG) later this year, according to CEO Mark Bristow, while an Indigenous group alleges its rights are being ignored in the mine restart process.

Hochschild Mining (LSE: HOC) shares jumped 17% in London after the company announced the approval of a modified Environmental Impact Assessment for its flagship Inmaculada gold-silver mine in southern Peru.

Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in the country’s north.

Initial drill results from Founders Metals‘ (TSXV: FDR) Antino project in southeastern Suriname have confirmed the presence of high-grade gold mineralization, sending the junior’s stock up by 8.5% this morning.