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Fatality at Newmont’s Ahafo North Project, Ghana
March 1, 2024
Newmont has confirmed a fatality at its Ahafo North Project in Ghana due to a weather related incident. The incident took place on February 27, 2024. The incident occurred in the maintenance area of the Ahafo North Project, where the
Peninsula Energy Inks Uranium Sales Agreement from Its Lance Project, Wyoming
March 1, 2024
Backed by the strength of the uranium market, Peninsula Energy Ltd. has signed a new sales agreement to supply uranium yellowcake from its Lance Project in Wyoming, to European nuclear fuel buyer Synatom. The agreement requires that the company —
South32 Board Approves FID $2.16 Billion to Develop Hermosa’s Taylor Deposit, Arizona
March 1, 2024
The South32 board has approved the development of Taylor, for direct and indirect capital expenditure of $2.160 million. Taylor is expected to reach first production in H2 FY27 and deliver nameplate production in FY30. “Final investment approval to develop Taylor
Glencore Canada Inaugurates Its Anuri Mine at Its Raglan Site in Quebec, Canada
February 29, 2024
Raglan Mine has officially inaugurated the Anuri Mine, from its Sivumut mining project, which has been under development for over ten years. This event marks an important milestone in the pursuit of its mining operations in Nunavik and highlights its
South32 to Divest Its Illawarra Metallurgical Coal Operation for Up to $1.65 Billion, Australia
February 29, 2024
South32 has agreed to divest the Illawarra Metallurgical Coal operation in New South Wales (NSW), Australia to an entity owned by Golden Energy and Resources (GEAR) and M Resources in a deal worth up to $1.65 billion. The consideration includes
Nouveau Monde Graphite Gearing Up for Phase 2 at Bécancour Battery Materials Plant, Canada
February 29, 2024
Nouveau Monde Graphite (NMG) is ramping up its efforts in Bécancour, Québec, to implement its phase 2 Bécancour Battery Materials Plant. To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively
Government of Canada Awards Rio Tinto IOC $13.3M to Decarbonize Iron Ore Processing in Labrador West
February 29, 2024
The Government of Canada awarded $13.3 million (C$18.1 million) from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Company of Canada (IOC) to support the decarbonization of iron ore processing at its operations in Labrador West. The funding
Denison Mines Acquires Penetrators Canada’s MaxPERF Tool Systems
February 29, 2024
Denison Mines has completed an acquisition of fixed and mobile MaxPERF Tool Systems from Penetrators Canada. Penetrators has also agreed to work exclusively with Denison with respect to the use of the MaxPERF Tool Systems for uranium mining applications, and
Orla Mining Enhances Land Position with $8.1 Million Acquisition of Contact Gold, Nevada
February 28, 2024
Orla Mining Ltd. has entered into a definitive arrangement agreement with Contact Gold Corp. where Orla will acquire all of the issued and outstanding common shares of Contact Gold pursuant to a court-approved plan of arrangement. “This transaction strengthens our
Rush Rare Metals to Expand Copper Mountain Uranium Project, Wyoming
February 28, 2024
Rush Rare Metals has staked the Knob claims in Wyoming, comprised of 52 mineral claims aggregating 780 acres. The claims now form part of Rush’s Copper Mountain Project, which is the subject of an option/earn-in agreement between Rush and Myriad
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