Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…
Articles by Jackson Chen
Stardust Power breaks ground on US$1.2B lithium refinery in Oklahoma
Stardust Power (NASDAQ: SDST), an American developer of battery-grade lithium products, officially broke ground this week on its US$1.2 billion refinery at the Southside Industrial Park in Muskogee, Okla. The…
Amarc stock doubles on gold-copper find at JOY in BC
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has more than doubled its share price after announcing a high-grade discovery at its JOY copper-gold project in north-central British Columbia. The discovery resulted…
Former Shell, Anglo leaders back new body to ease resource conflict
Resource Resolutions (RR), a new venture aimed at reducing growing societal and geopolitical divisions around natural resources, has announced a global advisory council comprised of eminent figures from industry, international diplomacy…
Lundin Gold exceeds guidance with record production
Lundin Gold (TSX: LUG; US-OTC: LUGDF) exceeded last year’s production guidance with a record output of 502,029 oz. from its Fruta del Norte gold mine in Ecuador. It set its…
De Beers sitting on largest diamond inventory since 2008, FT reports
De Beers has reportedly built up its largest stockpile of diamonds since the 2008 financial crisis, with an inventory valued now at roughly US$2 billion, according to the Financial Times….
Ascot soars on $40M Premier gold restart plan in BC
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it plans to raise at least $40 million to get its Premier gold project in British Columbia’s Golden Triangle back on…
QC Copper bolsters resource base with acquisition of Thierry project
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) is expanding its asset base in Eastern Canada with the acquisition of Cuprum Corp. and its Thierry copper project. This move, says…
Filo shareholders approve BHP-Lundin’s $4.1B takeover
Shareholders of Filo Corp. (TSX: FIL) voted in favour of BHP Group (ASX, NYSE: BHP) and Lundin Mining‘s (TSX: LUN) $4.1-billion buyout in what could be one of the biggest…
Rio Tinto offers early termination to Diavik diamond workers in Northwest Territories: report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is offering early termination for employees at its Diavik diamond mine, Canada’s largest gem producer, as part of cost savings ahead of…
SSR targets October restart at Seabee gold mine in Saskatchewan after forest fire
SSR Mining (TSX, Nasdaq: SSRM; ASX: SSR) is expecting to restart its Seabee gold operations in Saskatchewan in the second half of October after a forest fire halted activities last…
World Copper’s Zonia project resource nears 1 billion lb. in Arizona
World Copper (TSXV: WCU; US-OTC: WCUFF) has increasded the potential value and scale of its Zonia copper project in Arizona with an updated resource on the historical estimates using a…