American Eagle shares soar on Teck investment updraft
American Eagle Gold (TSX: AE; US-OTC: AMEGF) shares jumped nearly 50% on Monday on news that Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) is buying a 15% stake in the British…
Copper
TSX Venture ekes out a gain during May 1-5 trading week
The S&P/TSX Venture Composite Index inched 2.02 points or 0.3% higher over the May 1-5 trading session to close at 615.4. Sigma Lithium led the charge among value gainers, which…
TSX gold miners rise over May 1-5 trading week
Over the May 1-5 trading period, the S&P/TSX Composite Index shed 94.51 points or 0.46%, to close at 20,542.03. The S&P/TSX Global Mining Index gained 1.79 points or 1.58% to…
Barrick on the hunt for new mines, not deals, CEO says
Barrick Gold’s (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow says he is searching for more gold and copper assets to add to the company’s portfolio, but not necessarily through…
RANKED: Top 10 new copper projects by mine life
Demand for copper, an economic indicator in itself because of its widespread use in wiring and plumbing, is expected to vastly expand as the world transitions to greener energy to…
Faraday Copper PEA ‘scratches the surface’ with a US$2.7B, 32-year Copper Creek plan
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has released a preliminary economic assessment (PEA) outlining a long-life project at its Copper Creek project in southern Arizona that could produce 51,100 copper-equivalent…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Clean Air Metals shares rise on new Thunder Bay North resource
Clean Air Metals‘ (TSXV: AIR; US-OTC: CLRMF) shares ended the day 14% higher after the junior posted an updated resource for its Thunder Bay North critical metals project, where it’s…
Oroco rises on ‘robust’ copper resource at Santo Tomas in Mexico
Shares in Oroco Resource (TSXV: OCO; US-OTC: ORRCF) gained after the explorer said a deposit estimate for the Santo Tomas copper project in northwest Mexico “significantly” expands on 1990s studies. The…
Mexico’s ‘shock’ new mining law hurts juniors most
A new mining regime blindsided Canadian juniors in Mexico on Apr. 29 after the Mexican Senate rushed through a contentious bill that experts say will deter investment. Under the new…
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid
As an exclusive four-week due diligence period for Newmont (NYSE: NEM; TSX: NGT) to assess the Newcrest Mining (TSX: NCM; ASX: NCM) data room draws to a close, Newmont says…
Generation Mining in US$400M debt deal to advance Marathon project
Generation Mining (TSX: GENM; OTC: GENMF) has arranged a senior finance facility of up to $540 million (US$400 million) for its 100%-owned Marathon palladium-copper project in northern Ontario. A syndicate…