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Royal Gold Acquires Interest in Rio Tinto’s Cortez Mine and Fourmile Project for $525M, Nevada
September 28, 2022
Royal Gold’s wholly owned subsidiary, RG Royalties has acquired a sliding-scale gross royalty on an area including the Cortez mine operational area and the Fourmile development project in Nevada. Royal Gold paid $525 million in cash consideration for the royalty
Nevada Gold Mines to Sell Royalty Portfolio to Gold Royalty for $27.5 Million
September 28, 2022
Nevada Gold Mines has entered into a definitive agreement to sell a portfolio of royalties to Gold Royalty Corp. for $27.5 million. The portfolio consists of three royalties on the production of minerals from the Granite Creek and Bald Mountain
Sabina Gold & Silver Approves Construction of $464 Million Goose Gold Mine, Canada
September 27, 2022
Sabina Gold & Silver has made a formal construction decision for the C$610 million ($464.4 million) Goose Gold Mine located at its fully-owned Back River gold project in Nunavut, Canada. The Goose Gold Mine is part of its 100 percent
Perpetua Resources Submits Plan of Restoration and Operations to Restart Stibnite Gold Project
September 27, 2022
Perpetua Resources has begun the initial cleanup of a historic mine site in the Central Idaho mountains where it hopes to resume mining operations. Perpetua Resources, formerly known as Midas Gold, is seeking approval from the federal government to restart
American Eagle Gold Signs Agreement with Lake Babine First Nation for NAK Copper-Gold Project
September 27, 2022
American Eagle Gold said it has entered into an exploration agreement with Lake Babine First Nation in central British Columbia, establishing commitments for a respectful relationship to explore in the NAK Copper-Gold district. The company said its NAK Copper-Gold Project,
Monarch Mining Produces First Gold Bar From Its Beaufor Mine in Quebec, Canada
September 27, 2022
Monarch Mining has produced its first gold bar from its wholly-owned Beaufor Mine and Beacon Mill, located east of Val-d’Or, Quebec. During the production for the month of July, the Beacon Mill achieved a record day of 765 tonnes of
OZ Minerals Approves $1.13 Billion to Develop West Musgrave Copper-Nickel Project, Australia
September 27, 2022
OZ Minerals said that its board has given its final investment approval to develop the West Musgrave copper-nickel project in Australia with an investment of around A$1.7 billion ($1.13 billion). Located in the Musgrave Province of Western Australia, the project
Bens Creek Receives Permit Approval to Operate Second Highwall Miner, W.Va.
September 26, 2022
Bens Creek Group, the owner of a metallurgical coal mine in North America supplying the steel industry, said its permit application has now been approved to operate a second highwall miner at its site in West Virginia. As previously notified,
American Resources Subsidiary ReElement Signs MOU with USA Rare Earth Magnets
September 26, 2022
American Resources Corporation said its subsidiary, ReElement Technologies, has signed a memorandum of understanding with USA Rare Earth Magnets to supply recycled, high-purity rare earth oxides for its Stillwater, Oklahoma magnet manufacturing facility. Once fully commissioned, the Stillwater facility should
Teck Suspends Operations at Elkview Coal Mine After Conveyor Belt Structural Failure, Canada
September 26, 2022
Teck Resources said there has been a structural failure of the plant feed conveyor belt at its Elkview steelmaking coal operation in the Elk Valley of British Columbia. Initial estimates are that production at Elkview Operations will be interrupted for
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