Erdene to pour first gold at Mongolia mine in 2025
Erdene Resource Development (TSX: ERD) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025, when it will become one…
Copper
Surprise: mine spending grows in Mexico despite new law, Obrador’s populist tilt
What’s happening in Mexico? Corporate mining project investments soared this year in the world’s largest silver producer even as the government targeted companies in a tough new law a year…
TSX wrap for week of August 8: Base metals drop as Franco-Nevada prints cash
Over the shortened Aug. 8-11 trading week, the S&P/TSX Composite Index gained 171.53 or 0.8% to 20,407.57. The S&P/TSX Global Mining Index lost 1.02 points or 0.94% to 107.27, and…
NYSE posts mixed results for Aug. 7-11 as investors pause after strong rally this year
U.S. markets rose and fell modestly during the week following a strong AI-led rally this year that prompted some investors to pull back even as economic growth and inflation performed…
Yukon juniors Fireweed, Cascadia, Nickel Creek, Onyx vie for investor support
This is the first of two parts on other companies active in the Yukon following a piece on investor darling Snowline Gold (TSXV: SGD; US-OTC: SNWGF) and site visit reports on…
Decade Resources stock soars following copper discovery, financing
Shares in Decade Resources (TSXV: DEC) continued to soar Thursday as the company followed up its announcement of a major copper discovery with a private placement financing backed by two…
New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…
Ecuador’s president asks court to resume environmental consultations
Ecuador’s President Guillermo Lasso has asked the country’s constitutional court to revoke a decision issued last week to suspend a decree enabling environmental consultations prior to issuing mining licences. Popular…
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
Site visit: Will Rio Tinto bet more on Western Copper and Gold’s Casino project in Yukon?
Near Carmacks, Yukon — Decision time for Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) $3.6 billion Casino project in remote Yukon looms less than four months away. Rio Tinto…
Nunavut copper finds send Aston Bay Holdings shares jumping
Shares in Australian-Canadian exploration partners American West Metals (ASX: AW1) and Aston Bay Holdings (TSXV: BAY) shot to 12-month highs on Tuesday after announcing a major copper discovery at the…