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By: Henry Lazenby Updated 10 minutes ago Canadian project developer True Gold has revealed that equipment and site damages sustained during a violent protest by locals at its Karma gold project, in Burkina Faso, amounted to about $6.1-million. The Vancouver-based company on Monday said it had formalised a ‘technical shutdown’ of the... →
By: Henry Lazenby Updated 40 minutes ago When the Quebec government’s Plan Nord to develop the parts of the province located north of the 49th parallel was launched under Jean Charest’s Quebec Liberal Party in May 2011, it was heralded as a timely and necessary act in the mining industry’s favourable economic context at the time. But a... →
By: Simon Rees Updated 2 hours 13 minutes ago The worst of the industry’s declines are over, although it now faces a trough of uncertain length, the head of Kaiser Research Online John Kaiser told an audience at the Prospectors & Developers Association of Canada 2015 conference. “But now it’s time to get serious – to get out there and place... →
By: Henry Lazenby Updated 2 hours 27 minutes ago The province of Ontario on Monday announced that it was inviting stakeholders to provide input to renew the province’s mineral development strategy in order to attract further investment. Speaking during the Prospectors & Developers Association of Canada’s yearly convention in Toronto, provincial... →
By: Henry Lazenby Updated 2 hours 48 minutes ago Tungsten project developer Northcliff Resources has cleared a critical milestone after the New Brunswick Department of Environment and Local Government (NBDELG) had completed a review of the Sisson project draft environmental impact assessment report and cleared it for public consultations to... →
By: Henry Lazenby Updated 3 hours ago Precious metals streaming firm Silver Wheaton has acquired another 25% stake in the gold output from Vale’s Salobo mine, in Brazil. TSX- and NYSE-listed Silver Wheaton has agreed to pay $900-million in cash for the increased gold stream, lifting its attributable gold output from the mine to 50%. →
By: Reuters Updated 5 hours ago Three US uranium producers say they are poised to ratchet up production quickly if prices swing higher after a four-year slump. The uranium spot price has bounced off the bottom it hit following Japan's 2011 Fukushima disaster, but it remains below the level needed to boost production. →
By: Henry Lazenby Greece has revoked the approval required by Vancouver-based Eldorado Gold to complete construction of the Skouries project processing plant. The company on Monday announced that its subsidiary Hellas Gold on Friday received the notice from Greece's Ministry of Productive Reconstruction, Energy... →