2023: Outlook not so good
You don’t need a magic eight ball to know that 2023 is probably going to be a tough year. As 2022 comes to a close, it seems we are collectively…
Copper
Galway Metals suspends drill programs due to market conditions
Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due…
Ring of Fire Metals, Webequie First Nation ink MOU on Eagle’s Nest nickel project
Ring of Fire Metals (formerly Noront Resources) and Webequie First Nation have signed a memorandum of understanding (MOU) outlining a framework for collaboration on proposed development in northern Ontario. Wyloo…
Curipamba delivers high-grade assays for Adventus and Salazar
Infill drilling from the underground portion of the El Domo volcanogenic massive sulphide deposit in central Ecuador returned 9.46 metres of 7.49% copper, 2.37 grams gold per tonne, 2.93% zinc,…
Kodiak Copper stock rises following high-grade gold-silver find in BC
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) has made new high-grade gold-silver discovery from trenching at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The discovery was made…
Probe Metals, Midland, make polymetallic discovery at La Peltrie in Quebec
Probe Metals (TSXV: PRB) and Midland Exploration (TSXV: MD) have announced a new copper-gold-silver-molybdenum discovery at the La Peltrie project in Quebec’s Detour Lake region, with hole LAP-22-012 drilling 345 metres…
Geotechnical instability forces Teck to suspend Highland Valley pit ops
Diversified miner Teck Resources (TSX: TECK.B, TECLK.A) temporarily closed the Highland Valley copper mine’s Valley pit on Monday. Teck said in a brief news release the closure was a proactive…
K92 extends PNG mine lease, greenlights ‘transformational’ expansions
K92 Mining (TSX: KNT; US-OTC: KNTNF) announced on Tuesday two major developments for its Kainantu gold-copper-silver mine in Papua New Guinea, the first being an extension of the mine lease…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
EPA in ‘regulatory overreach’ with renewed Pebble project veto, says proponent
The U.S. Environmental Protection Agency’s (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK). In…
Volkswagen kicks off search for battery cell plant sites in Canada
Volkswagen AG has begun searching for a site in Canada to build its first battery cell factory in North America, a part of the German carmaker’s planned expansion of its electric vehicle…
Canada approves Marathon palladium mine environmental plan
The federal government has approved Generation Mining’s (TSX: GENM) Marathon palladium-copper project’s environmental assessment, as part of a country-wide strategy that seeks to boost production of metals and minerals considered…