Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
Precious Metals
New Found Gold makes new high-grade discovery dubbed ‘Honeypot’
New Found Gold (TSXV: NFG; NYSE-AM: NFGC) has found a new, high-grade zone at its Queensway gold project 15 km west of Gander, Nfld. The company released results of 16…
Saudi Arabia forum looks to boost Middle East, Africa exploration
Saudi Arabia is attracting global mining companies to its third annual Future Minerals Forum in Riyadh on Wednesday as it invests its vast oil wealth into mining exploration with some…
Norway approves deep sea mining in Arctic Ocean
Norway’s parliament approved on Tuesday commercial plans to open the Arctic Ocean to seabed mineral exploration, despite environmental groups and the fishing industry’s warnings that the move would risk the…
QC Copper says Opemiska resource tops 1.7B lb copper
Shares in QC Copper and Gold (TSXV: QCCU) rose 31% Monday after a resource update for its Opemiska project in Quebec gave it more than 1.7 billion lb. of copper…
Endeavour fires CEO over US$5.9M payment
Endeavour Mining (TSX: EDV; LSE: EDV) fired CEO Sebastien de Montessus with immediate effect on Thursday. The board accused de Montessus of “serious misconduct” regarding the disposal of an asset…
2024 belongs to an offbeat pairing — uranium and gold
As demand for EV and base metals is expected to slow along with global growth in 2024, two very different metals are likely to stand out from the commodity pack:…
Rokmaster’s Revel Ridge BC project offers 21% return
Rokmaster Resources (TSXV: RKR) says its Revel Ridge gold-silver project in southeast British Columbia may produce a double-digit return for investors, according to a preliminary economic assessment. The study…
Silvercorp again hikes takeover offer for OreCorp
Canada’s Silvercorp Metals (TSX: SVM; NYSE: SVM) is boosting its buyout bid for African gold developer OreCorp (ASX: ORR) while competing with Perseus Mining (TSX: PRU; TSX: PRU). Silvercorp, a…
Analysis: Gold set for further record prices in 2024 and 2025
Gold prices have been setting annual records for the past three years. They are expected to set further records in 2024 and 2025, as the world struggles with a host…
Gold heists: Air Canada caper shows yellow metal’s criminal allure hasn’t dimmed
It’s a gold mine in the dead of night. Crooks snip through a wire fence and find keys to a forklift still in the ignition. It roars to life and…
A list of the biggest gold heists
A survey of some cases where gold didn’t get to point B shows the recent Toronto caper isn’t the largest and Air Canada has been targeted before. (Click here for…