Mining industry
Wartsila Corporation, a global leader in innovative technologies and lifecycle solutions for the marine and energy markets, has entered a five-year Operation and Maintenance (O&M) agreement with Boto SA, a subsidiary of Moroccan mining group Managem, for a 23 MW captive power plant at the Boto Gold Project
Natural resources
Ghana, the sixth-largest gold producer in the world and the second-largest in Africa, is grappling with a critical issue of illicit mining, also known as galamsey. This lucrative but environmentally destructive and socially unstable activity has become a pressing concern for the government, with an estimated 60-80% of artisanal miners
Natural resources
Gold prices have reached new heights following the certainty of Federal Reserve rate cuts, creating unprecedented momentum for precious metals. The metal's 39% surge this year has been amplified by central banks accumulating 900 tonnes of gold reserves as nations diversify away from dollar-dominated assets amid mounting geopolitical
Mining industry
TG Metals Limited has announced updates on exploration activities at the Van Uden Gold Project, with a focus on grade control drilling and resource extension drilling. The goal of this drilling is to improve the resource classification, expand the shallowly tested Van Uden resource, and convert Inferred resources to Indicated.
Mining industry
Arctic Minerals AB (publ) ("Arctic Minerals") has started exploration activities at the Swan Lake copper-gold project in northern Sweden, focusing on the potential for epithermal altered lithocap gold-silver and porphyry copper-gold ("PCG") style mineralisation. The project, located in the Norrbotten county, is situated within the Proterozoic
Natural resources
West Wits Mining Ltd has taken a significant step forward in its development journey with the securing of key funding milestones for its Qala Shallows gold project. In a commentary by analyst Warwick Grigor, Far East Capital described the project as "quickly becoming a sought-after institutional-grade gold company."
Natural resources
Big Ridge Gold Corp. has entered into an agreement with SGS Geological Services to conduct a Preliminary Economic Assessment (PEA) on the Hope Brook Gold Project in Newfoundland and Labrador. This development comes as gold prices continue to reach new highs, and the company has recently completed environmental baseline and
Mining industry
Thousands of illegal gold miners, known as "garimpeiros," have flocked to the gold-rich region of Manica in western Mozambique, posing a serious threat to human and animal life. These miners, who hail not only from across Mozambique but also from neighboring countries, use toxic chemicals like mercury, cyanide,
Mining industry
Research published in Malaria Journal has investigated the link between malaria transmission and gold mining in Colombia, identifying Anopheles species as primary vectors of the disease. In areas where gold mining is prevalent, the risk of malaria transmission is significantly higher due to environmental changes and the creation of breeding
Natural resources
Contango Ore, a NYSE American listed company, has announced its inclusion in the Global Junior Gold Miners Index (GDXJ). This milestone marks a significant achievement for the company, which aims to become a 200,000 gold equivalent ounce producer over the next five years. The inclusion in the GDXJ will
Mining industry
Significant discoveries are unfolding at the Linderos Copper Project in southern Ecuador, where joint venture partner Hanrine, a subsidiary of Hancock Prospecting Pty Ltd, is aggressively drilling a 25,000-metre program to define the extent of the porphyry system. With the latest results confirming mineralisation over more than 1 kilometre
Gold mining
SSH Group Ltd, an Australian company, is pleased to announce the commencement of site preparation works at the historic Stockpile and Tailings at the Mt Fisher Gold Project in Western Australia for High-Tech Metals Limited. The initiative is part of a larger plan to unlock the value of historic stockpiles
