Rio Tinto has offered around US$2.7 billion for the outstanding 49% of shares, at a 32% premium to share prices at close on Friday, leaving it will with full ownership of Turquoise Hill, which owns 66% of Oyu Tolgoi, with the balance held by the Mongolian government."Rio Tinto strongly believes in the long-term success of Oyu Tolgoi and Mongolia, and delivering for all stakeholders over the long-t...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIn consideration for the loan, Bluestone has issued 150,000 shares and will issue an additional 4,000...Read More
The fine relates to the mine reducing the level of the water from the surface by than 25cm and since 2005, exceeding the maximum acceptable decrease that vegetation in the area can withstand.Read More
Gatling shareholders will receive 0.01702627 of a MAG share for each Gatling share held, which values Gatling at about C40c per share, representing a premium of about 47.4%.Read More
In Q4, the diversified company reported revenue of US$327.7 million, which is up 8% year on year. Net income rose 25% to $327.7 million, or $1.16/share, while adjusted net income was flat at $163.Read More
Wesdome produced 123,843 ounces of gold, up 37% from the previous year. This includes 101,403 ounces at its Eagle River complex in Ontario, Canada.Read More
Highlights included 11m grading 4.04 grams per tonne at Victory, including 1m grading 36.6g/t.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherThe 12-month extension involves a repayment of $30 million this August, $20 million in both January and March next year, and the final $80 million in March 2024.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherBlackstone executives scheduled a three hour virtual briefing for investors last week following release of a pre-feasibility study into the company's Ta Khoa nickel...Read More
Drilling extended the 55 Zone mineralisation to a strike length which is now 800m and a width of 250m with a highlight of 37m grading 1.04 grams per tonne in hole 200 including 4m grading 5.31g/t.Read More
MJ Nighthawk Gold had a management team change last year and you came on board. Why was the management team changed and what was the board of directors looking to achieve with this?Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat panther"Geopolitics and markets will likely be different, but the question is, how different? The crisis looks to be prolonging the pandemic recovery boom, and our commodi...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherConstruction of this mine is expected to start this summer following the completion of C$105 million in financing in the coming months.Read More
"The Tres Cruces oxide project PEA shows excellent economics for the proposed heap-leach operation, located in one of the world's most prolific gold mining belts," Anacortes CEO Jim Currie said.Read More
With up to 25,000m of drilling planned for this year, the results could begin to shift the centre of gravity of how it develops its Hucklebury project, which also includes the Ootsa deposit.Read More
Gatos must deliver a revised financial model by September 30 to its lenders; which if deemed unsatisfactory will see the credit facility reduced by $5 million a quarter from March 31, 2023.Read More
"Through this acquisition and the continued development of our outstanding organic growth pipeline, Newcrest's base case gold production is expected to remain strong until at least 2030, and we have aRead More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherAnalysts were right, until they weren't; and even President Putin couldn't be blamed because investor priorities had started to change well before the invasion of U...Read More
"We have identified significant opportunities to optimise the Goldboro gold project and potentially increase the overall economics and longevity of the project - including the upgrading of inferredRead More
Rourke is from the region and became interested in the past-producing mine when a new power line was built beside it heading towards another project.Read More