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Galileo searches for the next Nova with Fraser Range survey
Galileo Mining is on the lookout for its next nickel target in Western Australia’s Fraser Range region, which houses IGO’s Nova nickel mine. The company has started electromagnetic (EM) surveying at its tenements in the Fraser Range, aiming to define the most...
Workers at Codelco threaten work halt to quarantine against coronavirus
Unionized workers at Chile’s state-run Codelco, the world’s largest copper miner, said on Wednesday they were weighing walking off the job at some sites in order to implement a self-imposed quarantine after one of their members died from covid-19. The Federation of...
New Gold to sell BC project to Artemis for $140 million
New Gold is selling its $1.8 billion Blackwater gold project in British Columbia, Canada, to Artemis Gold for C$190 million (about $141m) in cash. The Toronto-based miner will receive a gold stream on 8% gold produced from Blackwater. That total will be reduced to 4%...
Guinea signs Simandou iron deal with SMB-Winning consortium
Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron ore reserve, another step towards the realisation of a project which it hopes will bring a $15 billion windfall over the 25-year lifespan. The deal includes the...