Commodity 2
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May 23, 2025
Commodity
May 23, 2025 (IM - International Mining) - Metso and G Mining Ventures (GMIN) have signed an agreement on the delivery of key process equipment for the Oko West gold project in Guyana. The value of the order is approximately €30 million ($34 million
May 22, 2025
May 22, 2025 (Source: Generation Mining Limited ) Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has received the final key permit required for the construction of the Marathon
Trading Symbol: TSX/NYSE AMERICAN: SVM VANCOUVER, BC , May 22, 2025 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM ) (NYSE American: SVM) reported its financial and operating results for the three months ("Q4 Fiscal 2
VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that, at a meeting on May 21, 2025, the WRLG Board of
Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Excellon Resources Inc. (TSXV: EXN) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to announce that it has entered into a non-binding agreement dated on May 15, 2025, with subsidiaries of Glencore plc (" Glencore ") to support the restart of the past-producing Mallay Silver Mine (" Mallay ") in Peru (the " Agreement "). The Agreement comprises a concentrate offtake and a pre-export finance loan facility (the " Facility ") that together will provide the key funding required to recommence operations at Mallay and return Excellon to silver producer status. With today's announcement, and including the equity financing which closed on May 14, 2025, the Company has arranged up to $18 million in available capital for the restart of
VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that, at a meeting on May 21, 2025, the WRLG Board of Directors approved management’s recommendation to restart the Madsen Mine immediately. Previous This major milestone has been achieved by systematically derisking the technical, operating, and funding requirements of a sustainable high-grade gold mine. Next “West Red Lake Gold acquired the Madsen Mine in June 2023 with the goal to use our team’s deep technical experience to unlock the abundant but at the time discounted potential of this mine,” said Shane Williams, Pre
May 20, 2025
Operations at Phase 1 and 2 concentrators continue at reduced capacity from surface stockpiles Operations at Kamoa mine and Phase 3 concentrator continue uninterrupted Kolwezi, Democratic Republic of The Congo--(Newsfile Corp. - May 20, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) reports today that mining operations are temporarily suspended at the Kakula underground mine at the Kamoa-Kakula Copper Complex, in the Democratic Republic of the Congo. Over the past week, seismic activity was experienced in the eastern section of the Kakula mine, leading to Kamoa Copper's management team suspending underground operations on Sunday, May 18, 2025. All employees were safely brought above ground in line with protocols, and mobile equipment was removed from the mine workings. No inju
May 15, 2025
May 15, 2025 (Source: Listcorp) Syrah Resources Limited (ASX: SYR) (“Syrah” or “Company”) advises it has remobilised maintenance and inspection teams to its Balama Graphite Operation in Mozambique (“Balama”) following site access being restored in early May 2025. Syrah’s camp services, mining services, mobile equipment, and power services contractors have also returned to Balama to complete inspections and prepare for restart of operations. Inspections to date have not identified any significant issues with Balama plant or equipment, Ativa mine pit, tailings storage facility, or associated infrastructure. Minor maintenance is required prior to and throughout the sequential restart of each section of the plant due to the duration of the outage. Syrah is progressing restart planning a
May 14, 2025
HIGHLIGHTS: Construction at Robex’s Kiniero Gold Project, Guinea, remains on schedule and budget - first gold pour on track for Q4 CY25. Project remains LTI free (lost time injury). Phase 1 grade control drilling at Mansounia commenced on 18 March 2025 with 24,287m drilled as of 30 April. SMP (Structural, Mechanical & Piping) Contract for process plant construction awarded and mobilisation commenced. First four power station engines and generators completed and successfully tested for shipping in early June. Four remaining power station engines are scheduled for testing mid-June. Mechanical and electrical equipment, piping and electrical materials on track for delivery within the working schedule. ROM pad backfilling nearing completion. Reclaim chamber suspended slab schedu
May 12, 2025
GRAND BAIE, MAURITIUS, May 12, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company”) is pleased to provide an update following the resumption of tin concentrate production on 15 April 2025. The Company’s Bisie tin mine produced 1,290 tonnes of contained tin during the period 15 April 2025 to 11 May 2025 at targeted processing recoveries. Tin production recommenced through the treatment of run-of-mine ore stockpiles, initially from the Mpama North plant folllowed by a restart of the Mpama South plant on 19 April 2025. Blasting and tramming of ore from underground commenced during the last week of April 2025 while mine development rates are in the process of increasing to plan. Since the mine restart, the first fully documented and approved for expo
May 12, 2025 (Source: Reuters) FREETOWN, May 12 (Reuters) - Koidu Limited, Sierra Leone's largest diamond producer, has halted operations and laid off nearly its entire local workforce of more than 1,000 employees following a protracted dispute over pay and working conditions. Workers at the mine went on strike in December 2024 but suspended their walkout to allow negotiations. They then walked out again in early March. Charles Kainessie, president of the Koidu Limited Workers' Union, told Reuters that only a small number of workers were still employed at the company's head office in Freetown. Sierra Leone's labour ministry has received copies of summary dismissal letters for more than 1,000 employees, it said in a statement on May 6. Kainessie told Reuters that workers had only been
May 8, 2025
May 8, 2025 (Source: Reuters) CONAKRY, May 8 (Reuters) - The Guinean government's move to revoke Emirates Global Aluminium's (EGA) mining license stemmed from the company's failure to fulfil its commitment to construct an alumina refinery, people familiar with the matter have told Reuters. Reuters reported on Wednesday that Guinea has launched a process to revoke the EGA licence, escalating a dispute that began in October with the suspension of the Emirati company's bauxite exports and mining operations. The move by Guinea, the world's second-largest bauxite exporter, threatens to further disrupt global aluminium supply chains and signals the resource-rich country's hardening stance toward foreign miners as the junta that seized power in September 2021 pushes for more local processing
May 8, 2025 (Source: Gemfields) Gemfields is pleased to announce that Kagem Mining Limited (“Kagem”), the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the Government of the Republic of Zambia through the Industrial Development Corporation of Zambia (“IDC”), will shortly recommence a programme of focused open-pit mining to recover more premium emeralds
April 24, 2025
April 24, (Source: Reuters) LIMA, April 24 (Reuters) - Peru's sprawling Antamina copper mine is slowly restarting operations, a source close to the company said on Thursday, after an accident earlier this week left an employee dead and another injured. Antamina, controlled by Glencore, BHP, Teck and Mitsubishi, is one of Peru's largest copper mines. It had paused operations on Tuesday after an incident at its Yanacancha camp, in the Ancash region