BHP turns to mediation to avoid strike at Escondida
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) plans to request the Chilean government mediate in talks with union leaders at Escondida to avert a strike at the operation, the world’s…
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NexGen’s Rook I uranium project costs soar
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) says inflation and improved engineering have pushed construction costs for its permits-stage Rook I uranium project in Saskatchewan nearly 70% higher than a…
Alamos Gold rises on record second-quarter output
Record production and rising gold prices drove record revenue of $332 million in Q2.
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …
Kazatomprom hikes outlook after higher uranium production so far this year
The world’s top producer boosted production 6% year-on-year in the first half of the year.
Capstone Copper balances higher value, costs in updated Santo Domingo study
Capstone Copper (TSX: CS; ASX: CSC) increased the net present value of its fully-permitted Santo Domingo copper-iron-gold project in Chile by nearly a third while capital costs rose by more…
Video: Tough markets leading some juniors to pad project potential, Doug Silver warns
The quality of disclosures in junior mining – a sector that in the past was rife with shady stock promoters – has improved over the past four decades, says Douglas…
Site visit: Permit builds buyout promise at huge KSM gold-copper project, Seabridge says
Seabridge Gold (TSX: SEA; NYSE: SAKSM) has long been seen as a juicy takeover candidate for its huge KSM gold-copper deposit, but its remote, mountainous location in British Columbia, US$6.4-billion…
Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
Silvercorp drops objection to Adventus deal in wake of Ecuador court ruling
Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) says it will proceed with its $200-million deal to acquire Adventus Mining (TSXV: ADZN), after a court challenge to the junior’s 75%-owned El Domo-Curipamba…
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…