First Majestic eyes late 2027 restart for Jerritt Canyon
First Majestic Silver (TSX: FR; NYSE: AG) unveiled plans to restart its past-producing Jerritt Canyon gold mine in Nevada by the end of next year to take advantage of elevated prices…
Articles by FREDERIC TOMESCO
New F3 Uranium assays lift Saskatchewan project’s ‘credibility’: analyst
New drilling by F3 Uranium (TSXV: FUU) at the company’s Broach property in northern Saskatchewan’s Athabasca Basin produced several high-grade hits. Hole PLN25-219A in the Tetra zone cut 13 metres…
OceanaGold finds high-grade gold in New Zealand
OceanaGold (TSX: OGC; US-OTC: OCANF) said recent drilling at its Wharekirauponga deposit in New Zealand points to a new high-grade zone emerging outside current reserves. Highlight hole WKP144A cut 5.4…
Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Canada key as Vale plans base metals profit surge
Vale‘s (NYSE: VALE) base metals business could generate more than one-third of the Brazilian mining group’s pretax profit over the coming decade as production climbs and efficiencies kick in, executives…
Quebec may delay Horne smelter emissions targets
Quebec has opened the door to giving Glencore (LSE: GLEN) more time to ensure that its Horne copper smelter — the only one of its kind in Canada — complies…
Americas Gold & Silver sees 30% output rise this year
Americas Gold and Silver (TSX: USA; NYSE American: USAS) predicts production will climb about 30% this year on the back of rising output from its Galena complex in Idaho and…
B2Gold’s Goose area keeps laying bonanza eggs
B2Gold (TSX: BTO; NYSE-A: BTG) says infill drilling in Nunavut’s Back River gold district reinforces the area’s expansion potential while improving the odds that mine life can be prolonged. Standout…
Pan American sees lower Mexico mine expansion costs
Pan American Silver (TSX, NYSE: PAAS) unveiled a new preliminary economic assessment (PEA) that cuts the projected cost of expanding the La Colorada mine in Mexico by almost one-third while…
Nevada King surges as Centerra takes 9.9% stake
Canadian miner Centerra Gold (TSX: CG; NYSE: CGAU) is paying $10 million (US$7.3 million) for a minority stake in junior Nevada King Gold (TSXV: NKG; US-OTC: NKGFF) to boost its…
NGEx hits 6.8% copper at Argentina’s Lunahuasi
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) reported new high-grade drill results from its Lunahuasi copper-gold-silver project in Argentina that bode well for a first resource. The stock soared. Hole DPDH059…
‘Critical minerals corridor’ seen linking mines, markets
Canadian property developer BMI Group says the clutch of industrial buildings it’s amassed in Ontario and Quebec could help strengthen Canada’s role in the battery supply chain by linking mines…