TSX up, Feb. 1-5
The S&P/TSX Composite Index jumped 4.61% to 18,135.90 during the Feb. 1-5 trading week. The S&P/TSX Global Mining Index rose 3.29% to 104.10, and the S&P/TSX Global Base Metals Index…
Copper
Northisle tables updated PEA on 22-year mine at North Island project in BC
Northisle Copper and Gold (TSX: NCX) has released an updated preliminary economic assessment on a 22-year, 75,000 tonne-per-day open pit development within its North Island project at the north end…
Turquoise Hill scores win in funding spat with Rio Tinto over Mongolia mine
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has scored a temporary, but key win in its ongoing dispute with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) over funding of…
Former Anglo American boss Cynthia Carroll joins Glencore’s board
Miner and commodities trader Glencore (LSE: GLEN) has added a third female director to its nine-person board, appointing former Anglo American (LSE: AAL) chief executive Cynthia Carroll to its board….
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report. The figure was about US$1.5…
Glencore inks “ethical cobalt” deal with Norway’s FREYR
Miner and commodities trader Glencore (LSE: GLEN) has inked a preliminary deal with Norwegian battery producer FREYR to supply 3,700 tonnes of “ethically sourced” cobalt metal cut cathodes. The cobalt,…
Adriatic Metals receives exploitation permit for Veovaca
Adriatic Metals (LSE: ADT1; ASX: ADT) has received an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo. The permit, issued by the…
Turquoise Hill seeks interim order against Rio Tinto over Mongolia mine funding
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) is seeking an interim order in its arbitration against Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) in response to some of the…
Turmalina Metals advances breccia projects in Argentina and Peru
San Francisco de Los Andes is one breccia pipe in a cluster of 67 that Turmalina Metals (TSXV: TBX; US-OTC: TBXXF) has mapped at its San Francisco project in Argentina’s…
Eloro stock surges on high-grade drill results from Bolivia
Eloro Resources (TSXV: ELO) reported additional results from its diamond drilling program at the Iska Iska silver-polymetallic project in southern Bolivia. The new drill results are from 10 additional holes…
US markets up, Jan. 18-22
The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to…
TSX up, Jan. 18-22
The S&P/TSX Composite Index fell 0.35% to 17,845.91 during the Jan. 18-22 trading week. The S&P/TSX Global Mining Index rose 1% to 105.65, and the S&P/TSX Global Base Metals Index…