Friedland mulls listing African iron ore company on ASX
Mining magnate Robert Friedland is said to be planning to list his privately owned iron ore company, Ivanhoe Atlantic, on the Australian Securities Exchange (ASX) next year. The move, the…
Stock Markets/Investing
Paladin shares sink as it cuts uranium output
The uranium miner revised down its production forecast for the Langer Heinrich mine in Namibia.
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
Copper price, stocks hammered as Trump tariff, China worries mount
December copper came under renewed pressure on Monday, falling some 1.7% to under US$4.23 per lb. (US$9,320 per tonne) in afternoon trading on the CME in Chicago, bringing losses since…
Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at its NAK copper-gold discovery in…
Uranium Energy’s Roughrider project in Saskatchewan valued near $1B after $150M buy
Uranium Energy‘s (NYSE-A: UEC) Roughrider project in northern Saskatchewan aims to be a high-margin producer with one of the lowest capital spending profiles in Canada, according to an initial economic…
Ross Beaty to receive TNM’s lifetime achievement award
Ross Beaty flipped the laptop around and pointed its camera to the sea. “That’s a whale-watching boat,” the veteran mining entrepreneur said from Bowen Island near Vancouver. “There’s been a…
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demand consent
The Xatśūll First Nation may sue the British Columbia government and Osisko Development (TSXV: ODV; NYSE: ODV) if its concerns aren’t addressed in the permitting process for the Cariboo gold…
Gahcho Kué diamond mine earnings fall in ‘disappointing’ market for De Beers JV
Mountain Province Diamonds (TSX: MPVD) says its third-quarter earnings fell and mine operations swung into a loss as costs rose and grades dropped at the Gahcho Kué joint venture with Anglo…
Red Canyon drilling confirms Kendal copper-moly discovery in BC
Shares in Red Canyon Resources (CSE: REDC; US-OTC: REDRF) increased by almost 15%, or 2.5¢, on Tuesday after confirming a copper-molybdenum discovery from drilling on its Kendal project in British…
Anglo American sells Australian coal JV stake for $1.5B
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
Magna discovers new high-grade copper zone at Shakespeare in Ontario
Magna Mining (TSXV: NICU; US-OTC: MGMNF) says drilling found new copper mineralization on its Shakespeare project in a joint venture with Glencore (LSE: GLEN) less than 2 km from a feasibility-stage…