Moody’s downgrades mining sector outlook to negative
Credit rating firm Moody’s Investors Service said on Thursday it had changed its outlook for the global metals and mining industry from stable to negative as a global economic slowdown…
Zinc and Lead
Silvercorp updates resources at Ying property, extends life of mine to 2037
Silvercorp Metals (TSX: SVM) has published an updated technical report that outlines the mineral resources and reserves contained within the Ying property in Henan province of east-central China, and extends…
Callinex shares jump on strong copper intervals at Rainbow
Shares in Callinex Mines (TSXV: CNX) rose more than 15% today after the Vancouver-based company reported drilling results from its Pine Bay copper, gold, silver and zinc project in Manitoba. …
Trevali CEO resigns after two managers convicted of involuntary manslaughter
Trevali Mining (TSX: TV)’s president and chief executive Ricus Grimbeek has left the company following a Burkina Faso court’s verdict that found two employees guilty of involuntary manslaughter. The convictions…
Teck, Agnico team up at San Nicolas in Mexico
Two of Canada’s biggest mining companies are teaming up in Mexico at the San Nicolas copper-zinc development project, one of the country’s largest undeveloped volcanic-hosted massive sulphide deposits and among…
NorZinc begins metallurgical testing on Prairie Creek drill core
NorZinc (TSX: NZC; OTC: NORZF) has initiated a feasibility study level metallurgical test program on its Prairie Creek project located in the Dehcho region of the Northwest Territories. The program will…
Trevali GM found guilty of involuntary manslaughter in Burkina Faso
A court in Burkina Faso has found two managers of Canada’s Trevali Mining (TSX: TV; US-OTC: TREVF) guilty of involuntary manslaughter after a flash flood trapped and killed eight miners in…
Ivanhoe, Gecamines kick off construction at Kipushi zinc mine in DRC
Canada’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and Congo’s state mining company Gécamines have begun construction activities at the historic Kipushi underground zinc-copper mine, which they plan returning to production…
Paycore hits 12.5 metres of 22% zinc — and significant gold — at FAD project in Nevada
The most recently released drill hole from Paycore Minerals’ (TSXV: CORE) FAD property in Nevada’s Battle Mountain-Eureka Gold belt returned 12.5 metres of 22% zinc, 44.8 metres of 6.3% zinc,…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
Nexa Resources halts Peruvian zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by a local community. The zinc producer, controlled by…
Southern Silver offers Cerro Las Minitas PEA with US$349M NPV, 60-month payback
Southern Silver Exploration (TSXV: SSV) has released a preliminary economic assessment (PEA) for its 100%-owned Cerro Las Minitas silver project about 70 km northeast in Durango state, Mexico. The PEA…