AbraSilver gets $15m investment from Kinross, Argentina power provider
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s leading electricity provider, to fund the development of its flagship Diablillos project in Salta province.
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Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact
Aluminum giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments Ltd as defendants in the case against Vladimir Potanin, CEO of Nornickel.
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British Columbia First Nations forge partnership to participate in Seabridge Gold’s KSM project
Mining News Pro - British Columbia’s Tahltan Nation and Nisg̱a’a Nation announced Thursday that they have joined together in a new partnership that brings new life to a historic and centuries-old Peace Treaty, through the Treaty Creek Limited Partnership.
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Justin Trudeau asks Gabriel Boric for insights on Canadian miners’ behaviour in Chile
Mining News Pro - The Chilean head of state also pointed out that his country maintains a trusting relationship with Canada and that all he asks from foreign investors is to act as they would in their countries of origin.
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Seabridge Gold PEA outlines standalone underground mine plan at KSM in British Columbia
Mining News Pro - Seabridge Gold has announced results of a preliminary economic assessment (PEA) for a potential copper-rich underground mine at its 100% owned KSM project located in northern British Columbia.
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Seabridge Gold to spend $115 million this year prepping KSM mine in British Columbia
Mining News Pro - The company behind what is said to be the largest undeveloped gold-copper deposit in the world – the massive KSM project 65 kilometres northwest of Stewart, British Columbia – plans to spend C$150 million ($115m) this year preparing the massive project for development.
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Labrador Gold’s shares gain on best grades cut at Kingsway to date
Mining News Pro - The Toronto-quoted equity of Labrador Gold closed 4% higher on Thursday after reporting the highest-grade intercepts from the flagship Kingsway project in Canada’s Newfoundland province to date.
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Europe snaps up coal from abroad to fill gap left by Russia
Mining News Pro - A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles.
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Buenaventura says San Gabriel gold-silver project to produce by 2024
Mining News Pro - Buenaventura, one of Peru’s largest precious metals miners, will speed up construction of its San Gabriel gold and silver project, with a production start date no later than 2024, the company’s president said.
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Buenaventura says San Gabriel gold-silver project to produce by 2024
Mining News Pro - Buenaventura, one of Peru’s largest precious metals miners, will speed up construction of its San Gabriel gold and silver project, with a production start date no later than 2024, the company’s president said.
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Seabridge updates resource estimate for Mitchell and East Mitchell deposits
Mining News Pro - Seabridge Gold has updated the mineral resource for its Mitchell and East Mitchell deposits, incorporating results of drilling completed in 2021. The resource estimates will be used in a new preliminary feasibility study (PFS) on the KSM project, expected in June 2022, which will for the first time incorporate the East Mitchell deposit into KSM’s mine plans.
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Whitehaven Narrabri mine extension nears
Mining News Pro - Whitehaven Coal’s Narrabri underground mine in North-West New South Wales is one step closer to extending the life of the mine from 2031 to 2044, following the NSW Department of Planning, Industry and Environment (DPIE) recommendation.
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Court upholds Narrabri approval
Mining News Pro - The New South Wales Land and Environment Court has upheld the New South Wale Independent Planning Commission’s approval of the Narrabri gas project.
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Byrnecut secures landmark contract at Abra
Mining News Pro - Byrnecut has finalised a four-year contract with Galena Mining subsidiary Abra Mining that will see the company commence portal and decline development at the Abra base metals project.
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Anglo Pacific starts CEO search, puts Narrabri coal royalty up for sale
Mining News Pro - Anglo Pacific Group on Wednesday announced that Julian Treger would step down from his role as CEO by the end of March next year, and said that a comprehensive search process was under way to find his successor.
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Abra plant a step closer following equipment order
Mining News Pro - Abra Mining has placed orders for the Abra base metals project’s ball mill and concentrate filter for a combined value of almost $9 million.
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COVID-19 scare temporarily shuts Boggabri mine
Mining News Pro - Idemitsu has confirmed a worker returned a positive COVID-19 test at its Boggabri coal mine in New South Wales, before further testing revealed the case was a false positive.
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NRW Holdings sells mobile fleet to Boggabri
Mining News Pro - NRW Holdings has sold the majority of the mining equipment owned by its subsidiary Golding Contractors to Boggabri Coal for $81 million.
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ABR defers phased approach for Fort Cady
Mining News Pro - American Pacific Borates (ABR) has announced plans to defer Phase 1A of its Fort Cady borate mine, in Southern California.
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Seabridge locks in $115.7 million for Snowfield buy
Mining News Pro - Canada’s Seabridge Gold announced it has successfully raised $115.7 million, more than enough to fund the acquisition of Pretivm Resources’ Snowfield property in northwest British Columbia.
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Labrador secures backing for Kingsway project
Mining News Pro - Labrador Gold has closed a non-brokered private placement of 7.5 million units at C$0.54 per unit for gross proceeds of C$4.05 million. Each unit comprises one common share and one share purchase warrant, with each warrant exercisable at C$0.60 for a period of two years.
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Labrador going full speed ahead with Houston development
Mining News Pro - Canadian miner Labrador Iron Mines (LIM) is progressing work on Stage 2 of its planned direct shipping ore mining operations, which involves the development of the Houston project, in Labrador, Quebec.
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AbraPlata stock rises on Diablillos drill results
Mining News Pro - AbraPlata Resource has released results from three diamond drill holes at its Diablillos project in Argentina. Drilling was designed to test extensions beyond the currently defined mineral resources, the company said.
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IPC approves Narrabri plans
Mining News Pro - The New South Wales Independent Planning Commission (IPC) has approved the A$3.6-billion Narrabri coal seam gas project, being punted by oil and gas major Santos.
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Russian billionaire Abramovich sells out in $1.4bn gold deal
Mining News Pro - Russian billionaire Roman Abramovich is selling his stake in local mid-sized gold miner Highland Gold, the latest in a series of mining deals involving the precious metal, which is trading at record highs.
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Visit: 997