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Mining News

Waste & RecyclingMetals & SteelPrecious MetalsMining
Nevada King Started Phase 3 Drill Program at Atlanta Gold Mine Project

Nevada King Started Phase 3 Drill Program at Atlanta Gold Mine Project

The second rig, which arrived yesterday, will be used at the South Quartzite Ridge Target (SQRT).
Newmont Finalized Sale of Musselwhite Operation in Ontario

Newmont Finalized Sale of Musselwhite Operation in Ontario

BMO Capital Markets acted as financial adviser for the transaction, whereas Goodmans LLP acted as legal adviser.
Australian Gold Miner to Pay Mali $160mn over Tax Dispute

Australian Gold Miner to Pay Mali $160mn over Tax Dispute

Relations between the junta and the former colonial power France have deteriorate in recent years, with Mali’s leaders instead building closer ties with Russia. French troops left the country in 2022.
Alaska’s Top Court Reviews Permits for Donlin Gold Mine

Alaska’s Top Court Reviews Permits for Donlin Gold Mine

Wilkinson responded that the Alaska Legislature has set the review criteria and has identified where the state should look.
Dateline Eyes Dual Revenue Strategy at Las Vegas Gold Mine

Dateline Eyes Dual Revenue Strategy at Las Vegas Gold Mine

The latest scoping study at Colosseum proposes an impressive 635,000 ounces of gold production over 8.3 years could be achieved at an AISC per ounce of US$1490.
Mali Detains CEO of Australian Gold Mining Firm Resolute

Mali Detains CEO of Australian Gold Mining Firm Resolute

They are being questioned over suspicions of false evidence and misappropriation of public goods, said a Resolute executive on condition of anonymity.
Florida Canyon Gold Announces Closing of the Sale of its Mexican Business Unit to Heliostar Metals

Florida Canyon Gold Announces Closing of the Sale of its Mexican Business Unit to Heliostar Metals

As a result of the Transaction, FCGI no longer holds assets in Mexico, and Heliostar has assumed all responsibilities for the Mexican Business Unit, including reclamation.
Government of Canada Approved Sale of Pan American’s Peru Gold Mine

Government of Canada Approved Sale of Pan American’s Peru Gold Mine

With this approval, the transaction now has received all of the necessary regulatory approvals and is expected to close by the end of Q4 this year.
Equinox Gold Achieved Commercial Production at Greenstone Mine

Equinox Gold Achieved Commercial Production at Greenstone Mine

The Greenstone Mine will rank among the biggest and best open-pit gold mines in Canada when it is fully operational.
Abcourt Raising up to $5.0 Million for Quebec Gold Projects

Abcourt Raising up to $5.0 Million for Quebec Gold Projects

The all-in-sustaining cost was forecast to be US$1,120 per ounce.
Underground Gold Mine Activity Causes Magnitude 3.5 Earthquake in Victoria

Underground Gold Mine Activity Causes Magnitude 3.5 Earthquake in Victoria

Geoscience Australia's Senior Seismologist Jonathan Bathgate said the quake was minor and any aftershocks weren't expected.
New Gold Inc. Completed Significant Production Milestones

New Gold Inc. Completed Significant Production Milestones

Ahead of schedule, the Rainy River mine extracted its first development ore from Underground Main.
Mali Threatens to Revoke Barrick’s Mine Permit

Mali Threatens to Revoke Barrick’s Mine Permit

It should be mentioned that the mine concession permit is set to expire in February 2026.
Newmont Made significant Strides in Divesting Non-Core Assets

Newmont Made significant Strides in Divesting Non-Core Assets

An estimated $1.5 billion was made in gross proceeds from the two transactions mentioned above.
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Metal Futures

CME
Copper4.1565$US/Lb
Gold2656.50$US/Oz
Silver31.12$US/Oz
Palladium1027.50$US/Oz
SHFE
Aluminum20780.00CNY/Ton
Copper74550.00CNY/Ton
Lead16955.00CNY/Ton
Zinc25205.00CNY/Ton

November 19, 2024-North American Scrap Metal Prices Recorded Mixed Trend on the Index

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