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CZR reels in $102 million iron ore deal

CZR reels in $102 million iron ore deal

Billionaire prospector Mark Creasy’s CZR Resources is set to sell its interest in the Western Australian Robe Mesa iron ore project to Miracle Iron Resources. The deal comes days after Miracle bought up the Paulsens East iron ore project in the Pilbara in a...
Gibraltar mine’s copper up 26%

Gibraltar mine’s copper up 26%

The Gibraltar mine, in British Columbia, delivered a 26% increase in copper production last year, with output of 123-million pounds, TSX- and LSE-listed Taseko Mines reported on Wednesday. Fourth-quarter output of 34-million pounds of copper and 369 000 lb of...
American Lithium triples value of Peru project to $5bn

American Lithium triples value of Peru project to $5bn

American Lithium has reported a “very large” increase in the value of its Falchani project, in Peru, with the 2024 preliminary economic assessment (PEA) calculating an aftertax net present value (NPV) of $5.11-billion at $22 500/t of lithium carbonate equivalent...
Lucara recovers 166 ct diamond from Karowe mine

Lucara recovers 166 ct diamond from Karowe mine

Canadian miner Lucara Diamond Corporation has recovered a 166 ct diamond from the Karowe diamond mine, in Botswana. The Type IIa diamond was recovered in the Coarse X-Ray Transmission unit at Karowe from direct milling of ore sourced from the South lobe of the mine....