Fremont Gold options Vardenis project in Armenia
Fremont Gold (TSXV: FRE; US-OTC: FRERF) will earn up to a 100% stake in Mendia Resources, an Armenian company that holds the exploration licence over the Vardenis copper-gold project in…
Copper
GMS: Quebec touts millions of government funding for battery metal projects
Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot. The province’s funding structure…
Gladiator reports high-grade copper at Cowley Park in Yukon
Gladiator Metals (TSXV: GLAD; US-OTC: GDTRF) has intersected shallow copper skarn mineralization in its first drill program at the Cowley Park prospect, part of its Whitehorse Copper project in the…
Labour costs will soon beat oil as mine’s biggest expense, new data indicate
Labour costs are replacing oil products as a mine’s most expensive item as inflation impacts operating expenses more than capital costs, new reports show. Wages for some copper and gold…
Video: Why the time is right for Generation Mining’s Marathon project
Kerry Knoll, chairman of the board of Generation Mining, explains why the Marathon palladium-copper project in northern Ontario is a unique opportunity for Canada to build a reliable supply chain for…
American indexes on the front foot during May 29-June 2 trading week
The Dow Jones Industrial Average added 580.28 points or 1.8% to 33,673.62 and the S&P 500 gained 87.7 points or 1% over the week to 4,293.13. Among the top gainers…
TSX gains during May 29 to June 2 trading week
Stocks in Toronto posted modest advances last week after the United States Congress agreed on a debt ceiling deal, Canadian oil regained losses ahead of an OPEC meeting that was…
Benchmark Metals and Thesis Gold combine forces in B.C.
The proposed merger of Benchmark Metals (TSXV: BNCH; US-OTC: BNCHF) and Thesis Gold (TSXV: TAU; US-OTC: THSGF) will create one of the largest precious metals development and exploration companies in…
Evolution Mining to expand two gold mines in Australia
Evolution Mining (ASX: EVN), Australia’s third-biggest gold miner, announced on Monday that is going ahead with two major expansions plans at its Mungari and Ernest Henry operations. The company also…
World’s first marketplace for authenticated recycled metals has launched
While demand for secondary metals is predicted to overtake primary metals within the next 20 years, and with 400 million tonnes of metal recycled annually, there is still no globally recognized, standardized authentication…
Global Mining Symposium: McEwen calls for Uber moment to kickstart mining industry
The mining industry needs radical change, like how Uber slew taxis, if it wants to get more youth involved in the metals for a greener planet, veteran project developer Rob…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…