by Gordon Barratt | Dec 2, 2024 | News
A small leftwing environmentalist political party in Norway succeeded on Sunday in blocking plans to mine the sea bed at the bottom of the Arctic, by demanding the government scrap its first licensing round in return for support for the budget. “We are stopping...
by Gordon Barratt | Dec 2, 2024 | News
Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency. Bullion traded around $2 635 an ounce in early Asia hours on Monday...
by Gordon Barratt | Dec 2, 2024 | News
Bowen Coking Coal has mined its first coal at Plumtree North in Queensland ahead of schedule. The milestone follows the completion of a partially-underwritten $70 million renounceable entitlement offer, providing Bowen with balance sheet flexibility to fund the mine’s...
by Gordon Barratt | Dec 2, 2024 | News
Northern Star Resources is set to acquire De Grey Mining, owner of one of the world’s largest undeveloped gold projects, for approximately $5 billion. Under the terms of the scheme implementation deed, De Grey shareholders will be entitled to receive 0.119 new...
by Gordon Barratt | Nov 29, 2024 | News
Dual-listed Barrick Gold has welcomed the decision by the Ontario Superior Court to dismiss a lawsuit filed by a group of Tanzanian nationals who had alleged human rights abuses by Tanzanian police officers at the company’s North Mara gold mine. The court ruled this...
by Gordon Barratt | Nov 29, 2024 | News
Canada’s McEwen Copper is scouting for investors to raise $2.5-billion to move forward with construction of Los Azules copper mine in Argentina, company vice president Michael Meding said in an interview. McEwen Copper, part of McEwen Mining, is...
