AngloGold extends $20m loan to Corvus for Nevada projects

Mining News Pro - North American gold explorer and developer Corvus Gold has secured a $20-million loan from its 19.9%-shareholder AngloGold Ashanti to fund work at its projects in Nevada.

Civil society groups urge halt to Barrick’s Pueblo Viejo expansion

Mining News Pro - Civil society groups on Tuesday urged Canada’s Barrick Gold Corp to halt expansion of its Pueblo Viejo gold mine in the Dominican Republic, citing risks posed by increased mine waste and threats to local communities’ rights.

Barrick refers Senegal tax dispute to arbitration

Mining News Pro - Canadian bullion major Barrick Gold has confirmed a tax claim by the Senegalese Revenue Authority (SRA) to the International Chamber of Commerce (ICC) for arbitration.

Simberi's sulphide ops prove up

Mining News Pro - Gold miner St Barbara has approved a $13-million initial investment into the sulphide project at its Simberi operation, in Papua New Guinea (PNG), following a positive feasibility study (FS).

South32 sets record at some assets

Mining News Pro - Diversified miner South32 has set year-to-date production records in both Brazil and Australia, and has increased its production guidance for two other operations.

Anglo American re-enters Grosvenor

Diversified miner Anglo American this week announced the start of the re-entry process to the underground workings of the Grosvenor coal mine, in Queensland, following approval from Resources Safety & Health Queensland (RSHQ).

Kore focusing on pursuing Kola project

Kore Potash is excited at the opportunity presented by the Summit Consortium potentially financing the construction of the world-class Kola project, in Congo-Brazzaville, CEO Brad Sampson says in a company update.

EU publishes rulebook to classify ‘green’ investments

Mining News Pro - The European Commission on Wednesday published its long-awaited system to classify green investments in sectors from industry to transport, but delayed vexed decisions on whether to label nuclear energy and power plants fuelled by natural gas as green.

Gem Diamonds records solid first-quarter performance

Mining News Pro - Gem Diamonds recovered 29 010 ct of diamonds from its 70%-owned Letšeng mine, in Lesotho, in the quarter ended March 31, an increase from the 26 110 ct produced in the first quarter of 2020.

Chile covid cases surge dents Antofagasta copper output

Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday copper production in the first quarter of 2021 fell 5.7% to 183,000 tonnes from the same period a year ago, as a recent and sharp spike in covid-19 cases takes its toll.

Antofagasta keeps guidance unchanged despite second Covid wave

Mining News Pro - Chilean copper miner Antofagasta has kept its guidance for the full year unchanged at between 730 000 t and 760 000 t, despite the country enduring a sharp uptick in Covid infections in recent weeks.

Gascoyne exceeds own throughput expectations

Gascoyne Resources is on track to reach the upper end of its production guidance for the 2021 financial year after the March quarter delivered promising signs.

Mining association says Canada’s rare earth support too modest to displace reliance on China

Mining News Pro - The Mining Association of Canada (MAC) has welcomed several expanded and refined measures proposed in the 2021 federal Budget to support the establishment and growth of a domestic battery supply chain, but CEO Pierre Gratton said specific support targeting rare earth elements (REEs) was too modest and was insufficient to displace reliance on China.

The second visit to Midhco's projects took place in 2021

Mining News Pro - The second period of visiting the projects of Midhco Company in 1400 was done by CEO of Midhco on April 13th and 14th.

First survey of MIDHCO projects in the new year

The first visit to Midhco`s projects in the new year was conducted by the CEO of Midhco on Sunday, April 28th.

Rio`s tax bill reaches $8.4bn

Mining News Pro - Mining major Rio Tinto this week revealed that it had contributed $47-billion in the countries and communities where it operates, including $8.4-billion of taxes and royalties.

The head of Oxin Steel Company was introduced

Mining News Pro - New head of Oxin Steel Company has been introduced according to a statement by the CEO of this company.

Monadelphous proposes voluntary FIFO rosters

Mining News Pro - Monadelphous has introduced flexible fly-in, fly-out (FIFO) rosters for its employee to allow for working arrangements that are conducive to hard border closures.

Agreement on Porgera reopening imminent

Mining News Pro - Global bullion major Barrick is hopeful that Porgera mine – which has been shut for about a year now – will reopen soon.

Thor acquires Barrick’s majority interest in Central Houndé project

Mining News Pro - Thor Explorations Ltd. announced on Monday it has agreed with Barrick Gold to terminate the 2015 earn-in agreement between Thor and Acacia Mining PLC, which has subsequently been acquired by Barrick, on the Central Houndé project in southwestern Burkina Faso.

Colombian authorities continue rescue efforts for 11 miners trapped inside flooded pit

Mining News Pro - Colombian authorities continue the rescue efforts to release 11 people that have been trapped since March 26 inside the pit of an unregulated gold operation located in the central Caldas department.

Biden infrastructure plan targets electric cars

Mining News Pro - President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the US economy while combating climate change.

Epiroc to buy mining electrification company

Mining News Pro - Epiroc is set to acquire Canada-based Meglab in a bid to support the mining sector’s transition to battery-electric vehicles.

Ivanhoe working towards accelerating Phase 3 expansion at Kamoa-Kakula copper mine

Mining News Pro - Ivanhoe Mines (TSX: IVN) announced that part of the proceeds from the recently completed $575 million, 2.50% convertible senior notes offering will be used to accelerate the Phase 3 expansion at the Kamoa-Kakula copper mine in the Democratic Republic of Congo.

Rio Tinto employs solar technology to reduce emissions

Mining News Pro - Rio Tinto is exploring the use of solar technology to cut its global carbon emissions by partnering with renewable energy technology company, Heliogen.

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