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Canadian miner said to be in talks to buy Zimbabwe gold project

By: Bloomberg     24th May 2019 Canada-based B2Gold is considering buying an idled Zimbabwean gold mine – if it can be exempted from a law that requires producers to sell all the metal to the country’s central bank, people familiar with the situation said. Securing an exemption may open the way for further investment by gold... 

Confidence and investment returning to British Columbia’s mining industry

By: Creamer Media Reporter      17th May 2019 The performance of British Columbia mining companies are mirroring the return of confidence to the global industry, with the mining sector of Canada’s westernmost province posting positive results for the second consecutive year. PricewaterhouseCooper (PwC) Canada’s ‘BC Mine’ report states that... 

Lithium Americas names new CEO, quarterly loss shrinks

By: Reuters     15th May 2019 Lithium Americas, which is developing lithium projects in Argentina and Nevada, said on Wednesday that its quarterly loss shrank as costs fell and sales rose, and that its CEO would retire. The company is one of a handful of junior miners around the world working to develop mines for lithium, a... 

South African student named among winning wood scientists in global competition

By: Tasneem Bulbulia     15th May 2019 The International Council of Forest and Paper Associations (ICFPA) on Tuesday announced the three global winners of its 2018/19 Blue Sky Young Researchers and Innovation Award.  University of Pretoria (UP) Masters student Martin Wierzbicki was selected as a winner along with Elina Pääkkönen, from... 

Australia’s St Barbara to buy Atlantic Gold for C$802m

By: Esmarie Iannucci     15th May 2019 Australian gold miner St Barbara has struck a C$802-million takeover deal of TSX-V-listed Atlantic Gold. St Barbara on Wednesday announced plans to acquire all of the outstanding shares in Atlantic for C$2.90 a share, implying an enterprise value of C$802-million. 

Equinox pours first gold at Brazil mine

By: Mariaan Webb     14th May 2019 Vancouver-headquartered Equinox Gold has hit the first gold pour milestone at its Aurizona gold mine, in Brazil, the company announced on Tuesday. The milestone was achieved with no lost-time injuries. 

Even Trudeau’s Canada, gripped in carbon fight, won’t ditch coal

By: Bloomberg     10th May 2019 Set against lush hills, deep inlets and snow-kissed mountain peaks, Vancouver is the wellspring of Canadian environmentalism—and the heart of its climate dilemma. British Columbia’s premier city prides itself on its green bona fides. The province is the birthplace of Greenpeace, ushered in... 

SRR aims for record production in 2019

By: Tasneem Bulbulia     10th May 2019 Precious metals miner SSR Mining has delivered a strong production and financial performance in the March quarter, and is targeting record production for 2019, president and CEO Paul Benson said on Thursday. Benson indicated in a statement announcing the first-quarter results that the company... 

Difficult start to the year for Endeavour Silver

By: Mariaan Webb     6th May 2019 Midtier miner Endeavour Silver, which owns four underground silver/gold mines in Mexico, has initiated a range of short- and long-term actions aimed at conserving cash and turning around the weak performance of the first quarter. The NYSE- and TSX-listed miner on Monday reported a 28% decrease... 

Leagold pencils in starting dates for growth projects

By: Mariaan Webb     6th May 2019 Vancouver-headquartered Leagold has announced the proposed scheduling for the expansion of its Los Filos mine and for the construction of the Santa Luz project, as it arranged $400-million in financing. Leagold’s development plan for the fully-funded Los Filos expansion, in Brazil, has been... 

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