TSX falls last week on interest rate fears
Stocks fell during the Feb. 21-24 trading period after higher-than-expected U.S. inflation for January of 6.4% a year prompted concerns that central banks would maintain higher interest rates for longer….
Silver
U.S. inflation knocks NYSE lower last week
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected inflation for January of 6.4%…
GMS: Risk-averse Wheaton eyes Australia as China buoys gold price
Resurgent Chinese demand can overcome a potential recession while the gold price remains strong and Wheaton Precious Metals (TSX: WPM; NYSE: WPM) expands its production by 40% over four years,…
GMS: Hecla chairperson promotes family offices, solar power, North America focus
Catherine Boggs, chairperson of Hecla Mining (NYSE: HL), the largest silver producer in the United States, sees opportunities for juniors to tap private wealth, a new lifeline in solar panels…
Los Andes Copper prefeasibility for Vizcachitas outlines ‘Tier 1 asset’
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has completed a positive prefeasibility study for its 100% owned Vizcachitas project in Chile, highlighted by a US$2.8-billion post-tax net present value using…
Hecla plays white knight to ATAC after junior turns down Victoria Gold
ATAC Resources (TSXV: ATC; OTCQB: ATADF) is now set to be sold to Hecla Mining (NYSE: HL) in a deal valued at $31 million after the junior rejected a $25-million…
Video: Equity Metals adds ounces at Silver Queen in BC
Joseph Kizis, president of Equity Metals, discusses expanding mineralization at the Silver Queen project following a positive resource update in December for the prospect in central British Columbia. Kizis spoke…
Sibanye-Stillwater goes after Australia’s New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has launched an off-market takeover bid for Australia’s New Century Resources (ASX: NCZ), offering to pay $83 million for the shares it…
Why some Canadian juniors are looking to revive Japan’s dormant gold mines
When it comes to Japan-Canada trade, Canadian companies tend to sell mineral resources to the east Asian country rather than mine them there. But a small number of Canadian explorers…
Glencore to sell 23% stake in Peruvian miner Volcan
Miner and commodities trader Glencore (LSE: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver miner Volcan. Delivering 2022 results, the Swiss company…
Video: Developing Southern Silver’s Las Minitas silver-lead-zinc project
Robert MacDonald, vice-president exploration for Southern Silver Corp. discusses the flagship Las Minitas silver-lead-zinc project in western Mexico and its recent preliminary economic assessment. MacDonald spoke with Northern Miner staff…
Fortuna on track for African gold while riding out Mexican standoff, Peru protests
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is pushing through a deadlock with Mexican authorities and the worst riots in Peru in decades without cutting production, even as it remains…