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Russia’s Polymetal may invest in rare earth project to tap electric vehicle demand
Russia’s Polymetal will consider investing in the country’s largest rare earth project Tomtor, which is being developed by the gold and silver producer’s top shareholder, chief executive Vitaly Nesis said on Wednesday. Polymetal, in which Vitaly’s brother and Russian...Iamgold sale stalls as Chinese bidders’ talks fail
The sale of Iamgold Corp. has stalled after the mid-tier Canadian gold miner failed to reach an agreement with several Chinese suitors, people with knowledge of the matter said. Chinese gold producers including China National Gold Group Corp., Shandong Gold Mining Co....
Peñasquito blockade lifted, operations still suspended
Newmont Goldcorp confirmed on Wednesday the lifting of an almost four-week illegal blockade affecting its Peñasquito gold-silver mine in Mexico, which will cost the operation thousands of tonnes in terms of lost output. The world’s No. 1 gold miner said operations...
M3 Metals to acquire Mohave Mine in Arizona
M3 Metals secured an option from two separate vendors to acquire a 100% right, title and interest in the Mohave Mine gold project in the US state of Arizona. The project is comprised of 160 claims including lode claims and mill-site claims. According to M3, it covers...