Category: Latest Mining News

Sierra Metals (TSX: SMT) is placing its Cusi silver mine in Mexico on care and maintenance and has started the process to sell the mine amid the company’s shift towards copper. SCP Resource Finance will act as financial advisor for the Cusi mine sale process.

‘Gwnewch y pethau bychain mewn bywyd’ is an ancient and historically important phrase but not one that is widely recognized. ‘Do the little things in life’ was the message of guidance to the Welsh from their patron saint, David, some 1,500 years ago, and it remains a well-known maxim in the country.

In announcing her Progressive Conservative Party’s new Critical Minerals Strategy in late July, Manitoba Premier Heather Stefanson declared the Prairie province open for mining business.

Aris Mining (TSX: ARIS) announced on Monday gold production of 19,406 oz. at its Segovia Operations in Colombia during August, the highest monthly production since the expansion of the Maria Dama processing plant in 2022.

The idled Minto mine in central Yukon, which began operations in 2007 and produced about 500 million lb. of copper since, is officially up for sale.

Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies to determine their emissions, including how to unravel pollution by suppliers and customers.

Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has made its second shipment from its Grota do Cirilo mine in Brazil, after trucking 15,000 tonnes of battery-grade spodumene concentrate and 30,000 tonnes of byproducts to Vitoria Port in Brazil. The company reached first production at its processing plant in April.

Facing more restrictive foreign investment policies in developed markets, China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.

New Found Gold (TSXV: NFG; NYSEA: NFGC) shares gained 5% on Monday on the release of new drill results from a program to expand the K2 Zone discovered in May at its flagship Queensway project in Newfoundland and Labrador.

An update for Perseus Mining‘s (ASX: PRU; TSX: PRU) West African operations has increased resources and reserves by 6% at three of its gold mines.

Uranium Energy (NYSE: UEC) has expanded its landholdings in the Athabasca basin of Saskatchewan with the acquisition of exploration-stage projects held by Rio Tinto Exploration Canada, a subsidiary of Rio Tinto PLC (NYSE: RIO; LSE: RIO; ASX: RIO).

Victoria Gold (TSXV: GCX) reported on Monday that its Eagle gold mine in the Yukon has resumed operations, having weathered the impacts of wildfire activity in the Canadian territory with the help of the Yukon Wildland Fire Management team.