The Northern Miner

🌍 Exciting news for the mining industry! Join us at The Northern Miner's International Metals Symposium in London, UK on December 1-2, 2024. This event will bring together industry leaders like Ross Beaty, Rick Rule, Robert McEwen, Keith Neumeyer, Sean Roosen, Michael Steinmann and many more to discuss the future of mining. Don't miss out on the opportunity to network and gain insights from the best in the business. 👉 Learn more: https://lnkd.in/gGFxtqib 📝 Register your interest here: https://lnkd.in/dS7xMm53 #Metals #Mining #Symposium #London #TheNorthernMiner #IndustryLeaders

Kinterra-Backed Firm Acquires Nevada Copper Mine for US$128M An affiliate of Toronto's Kinterra Capital won the bid for Nevada Copper Corp (TSX:NCU) after the miner filed for bankruptcy due to funding issues at its Pumpkin Hollow mine as operational costs surged. #mining #Miningnews #copper

Winsome Pegs Adina Lithium Project at US$260M Australia’s Winsome Resources Ltd (ASX: WR1) said a scoping study reinforces the US$260-million Adina lithium project’s potential as a capital-efficient mine with a 17-year life in Quebec. #mining #Miningnews #lithium

BofA Forecasts Strong Copper Market in 2025 Bank of America analysts predict copper prices will surpass US$10,000/ton by 2025, while iron ore prices are expected to drop below US$80/ton due to supply surplus and weakening demand from China's steel sector. #Mining #miningnews #basemetals #copper #ironore

Karowe Mine Yields Lucara's Sixth 1,000-Carat Gem Lucara Diamond (TSX: LUC) has discovered a 1,094-carat diamond at its Karowe mine in Botswana, just weeks after recovering a massive 2,492-carat stone, the second-largest ever from the site. #mining #miningnews #diamonds

PEA Update Elevates Magna Mining's Crean Hill Nickel Returns by 5x Magna Mining Inc.'s (TSXV: NICU; OTC: MGMNF) updated PEA for the Crean Hill project boosts its internal rate of return to 129%, a fivefold increase from last year's initial study, showcasing significant project improvements. #Mining #miningnews #copper #gold #nickel #PlatinumGroupMetals

Midnight Sun solves Zambian licence error Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) announces the Zambian government admitted an error in June regarding the rejection of its exploration licence renewal for the Solwezi copper project. “We are tremendously pleased that this licence issue was able to be rectified quickly and did not create significant disruption to the execution or timing of our plans,” CEO Al Fabbro said. #mining #miningnews #copper

Tribal warfare kills at least 20 near Porgera mine in PNG Violence near Barrick's (TSX: ABX: NYSE: GOLD) 49%-owned Porgera mine in Papua New Guinea has escalated into a deadly shootout, killing at least 20 people and causing a temporary suspension of operations. “Over the past 24 hours, a significant escalation in tribal fighting has impacted many of our local employees. Homes have been destroyed, family and friends injured or killed, and people have been unable to sleep while living in fear,” Porgera’s general manager James McTiernan said in a statement to the South China Morning Post SCMP. #mining #miningnews #gold

Letter to the editor: Where has Yukon’s sense of urgency gone on Eagle cleanup? Read the letter by Nicolas Harvey, P.Eng., former manager, engineering and projects, Victoria Gold Corp. sent to the editor. #mining #miningnews #gold

Atlantic Mining to Pay $80M Cleanup Bond Amid Appeal of Conditions Nova Scotia agrees to accept a $38.7M bond from St Barbara Limited’s (SBM: ASX) subsidiary by month-end to clean up the closed Touquoy gold mine. The bond’s amount isn’t an issue, CEO Andrew Strelein said. #mining #miningnews #gold