Hecla eyes early 2024 Lucky Friday restart after underground fire
The U.S.’s biggest silver producer Hecla Mining (NYSE: HL) expects to restart its idled Idaho-based Lucky Friday mine operations early in the New Year after a fire and a groundfall…
Gold
TNM Drill Down: Cerrado in Argentina leads gold assays for week of Sept. 11-15
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width as identified by our sister company…
B2Gold grabs AngloGold’s stake in Colombian project
Canada’s B2Gold (TSX: BTO; NYSE: BTO) will become the sole owner of the Gramalote gold project in Colombia after acquiring the 50% stake held by South Africa’s AngloGold Ashanti (NYSE: AU;…
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
Ex-Yamana CEO Marrone leads Allied in Africa in search of investor ‘torque’
Peter Marrone, who led Yamana Gold in Canada from a small producer two decades ago to a US$4.8 billion sale this year, is seeking faster returns in conflict-plagued Mali and…
First Nations Drilling JV preps to train Indigenous drillers in northern Ontario
Engagement with Indigenous peoples in the resource sector can mean many different things, and for veteran driller Leslie Quedent, it means an exploration partnership.Quedent, a member of the Lac Seul…
Victoria Gold acquires Sabre Gold’s Yukon assets for $13.5M
Victoria Gold (TSXV: GCX) is acquiring all of Sabre Gold Mines‘ (TSX: SGLD) assets located in the Yukon, which include the former-producing Brewery Creek mine as well as the Gold…
First Majestic shares rise as it gets into the minting business
Shares of precious metals producer First Majestic Silver (TSX: FR; NYSE: AG) were up 5% on Friday after it announced it has opened a 100%-owned and operated minting facility in…
Gold Fields cuts production targets in Chile on project delay
Shares in Gold Fields (NYSE: GFI; JSE: GFI) took a hit on Friday after the South African miner said it will pour first gold at its Salares Norte project in…
Beaver Creek: Osisko’s Windfall will ‘outlive all of us,’ says CEO Burzynski
Quebec-focused Osisko Mining‘s (TSX: OSK) chairman and CEO, John Burzynski, expects the company’s flagship Windfall project’s resource to double to a staggering range of 15-20 million oz. gold at double-digit…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….
Beaver Creek: Wide disconnect between equities and commodity prices offers buying opportunity
The discrepancy between mining company valuations and commodity prices is at its worst levels in decades, the Precious Metals Summit in Colorado heard this week. “This is probably the worst…