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
May 21, 2025
May 21, 2025 7:07 PM Eastern Daylight Time MELBOURNE, Australia--( BUSINESS WIRE )-- Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at the Amrun bauxite mine on Cape York Peninsula in Far North Queensland, aiming for first output as early as 2029. The project, named Kangwinan at the request of Traditional Owners, the Wik Waya people, will involve building a new mine and expanding the existing port to almost double bauxite production from Rio Tinto’s Weipa Southern operations, where Amrun is located. Production from the Kangwinan project would replace output from the Andoom mine in Cape York and the Gove mine in the Northern Territory, which are both expected to close toward the end of the current decade. Rio Tinto Pacific Ope
May 21, 2025 (Minera Pan-Americana) - Canadian company Kinross Gold has presented a USD 113 million project to ensure the continuity of its La Coipa and Purén operations in northern Chile through new phases of development at the respective pits. The local subsidiary Compañía Minera Mantos de Oro submitted the "Extension of the Useful Life of the La Coipa and Purén Mines " initiative to the environmental review agency SEA (Secretariat of Mines and Mines of the Americas) for authorization to extract 173 million tons (Mt) of material from the Coipa Norte pit over six years and 86 million tons from the Purén pit over five years. Both mines are located in the Atacama Region. Both cases consider the waste rock rem
May 19, 2025
May 19 , 2025 (Minera Pan-Americana) - Unico Silver reported initial results from its Phase 1 reverse circulation (RC) drilling program at the Joaquin project in Santa Cruz Province, Argentina, which included 20 holes and a total of 2,712 meters drilled. Initial drilling confirmed significant extensions of the silver resource in the La Negra sector , with mineralization open to the northwest, southeast, and at depth. According to the company, the new data not only validates results from previous campaigns but also expands the mineralized zone beyond the current estimate , further enhancing the project's potential. In addition, the discovery of a new mineralized zone was announced at Brunilda, located 1.5 kilometers east of La Negra, on a parallel structure. All exp
May 19, 2025 (Source: Anglo Asian Mining PLC) Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer primarily focused on Azerbaijan , is pleased to announce that it has started production from Gilar, a new underground mine at the Gedabek site. Ore is now being mined from the higher-grade zone 4 and the copper and gold grades of the ore are consistent with our mining plan. The ore will first be processed by agitation leaching to extract the gold as gold doré, then by flotation to produce a copper concentrate. The Company is targeting around 2,000 tonnes of ore being mined per day. A maiden JORC mineral resources estimate was published on 11 December 2023 , confirming the Gilar deposit contains 6.10 million tonnes of
May 13, 2025
May 13, 2025 (Source: Discoveryalert) Samarco's $2.8 Billion Investment: Transforming Production Capacity After Disaster The mining industry is witnessing a significant revival as Samarco Mineração SA commits up to $2.8 billion to restore its iron ore operations to full capacity by 2028. This ambitious investment plan represents not just a financial commitment but a comprehensive strategy to rebuild after one of Brazil's worst environmental disasters. The journey from catastrophe to recovery offers valuable insights into industry resilience, environmental responsibility, and the economic forces shaping global iron ore markets. Furthermore, this investment highlights ongoing mine reclamation innovation that has become essential in modern mining operations. ..... After more than fi
TORONTO , May 13, 2025 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31 , 2025. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the quarter ended March 31, 2025 , on the Company's website at www.globalatomiccorp.com . OUTLOOK Dasa Uranium Project The Company is actively engaged with a U.S. Development Bank to establish a debt facility to finance 60% of Dasa's development costs. The Bank has confirmed that their internal process to advance the approval of a debt facility for our Dasa Project is proceeding and is expected t
May 13, 2025 ( ACCESS Newswire) - Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) a long-standing silver producer in Mexico, announces its audited consolidated financial results for the first quarter of 2025. "Avino started off 2025 the same way we ended 2024, achieving another quarter of record financial results and strong operational execution," said David Wolfin, President and CEO. "The Company posted record earnings and continues to demonstrate strength across key financial metrics, as our operating margins further strengthened our debt-free balance sheet with record highs in working capital. Our operating costs decreased for another consecutive quarter and further increased margins, where we delivered record quarterly earnings. Looking forward to gr
May 9, 2025
VANCOUVER, BC , May 9, 2025 /CNW/ - (TSX: LUC ) (BSE: LUC) (Nasdaq FNGM: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the quarter ended March 31, 2025 . All amounts are in U.S. dollars unless otherwise noted. KAROWE UNDERGROUND PROJECT UPDATE The UGP is designed to access the highest value portion of the Karowe orebody, with initial underground carat production predominantly from the EM/PK(S) unit. The UGP has the potential to extend the mine life to beyond 2040. An update to the Karowe UGP schedule and budget was announced on July 16, 2023 ( link to news release ). The anticipated commencement of production from the underground is H1 2028. The revised forecast of costs at completion is $683.4 million (including contingency). At Mar
May 7, 2025
VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce financial and operating results for the three months (“Q1”) ended March 31, 2025, and an update on the Valentine Gold Mine (“Valentine”), located in Newfoundland & Labrador, Canada. Consolidated Q1 2025 filings can be found at www.sedarplus.ca and on the Company’s website at www.calibremining.com . All figures are expressed in U.S. dollars unless otherwise stated. Darren Hall, President and Chief Executive Officer of Calibre, stated : “I am proud of the teams operational performance across the portfolio, responsibly delivering 71,539 ounces in Q1, positioning the Company to meet, and potentially exceed, full-year produc
VANCOUVER, BC , May 7, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS ) (NYSE-A: ARMN) announces its financial and operating results for the three months ended March 31, 2025 (Q1 2025), with a strong start to the year marked by record gold prices, solid production performance, and continued investments in growth. Adjusted earnings per share (EPS) of $0.16 is the highest full quarter result since Aris Mining was formed in September 2022 . All amounts are expressed in U.S. dollars unless otherwise indicated. Growth and Expansion Updates The Company invested $43.0 million in growth and expansion initiatives during the quarter, including: $29.7 million toward the Marmato Lower Mine development; and $6.4 million at Segovia