Rio Tinto mulls potential bid for Teck — report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is said to be studying potential takeover bids for smaller rivals, including Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified…
Zinc and Lead
Site visit: Fireweed closes in on Far North critical minerals boom
Remote eastern Yukon —The snow-peaked mountains and green valleys of eastern Yukon may seem like a place that would attract only wily old prospectors and extreme hikers. But on a gentle…
Gatos Silver soars on record quarterly zinc production
Shares of Gatos Silver (TSX: GATO; NYSE: GATO) soared to a three-year high on Wednesday after the precious-base metals miner announced record quarterly zinc production from its flagship Cerro Los…
Nexa Resources in talks to sell Peru copper project
Latin America-focused Nexa Resources (NYSE: NEXA), which operates the largest underground zinc mine in Peru, Cerro Lindo, is in talks to sell its Pukaqaqa copper project in the Andean country. The miner said in a note to the…
Ivanhoe restarts Congo’s century-old Kipushi zinc mine
Kipushi has set its 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate.
Biden administration blocks Ambler road in Alaska
The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.
Osisko Metals upgrades Pine Point resource as it preps for feasibility
Osisko Metals’ (TSXV: OM; US-OTC: OMZNF) latest resource estimate for its Pine Point zinc project increases indicated tonnage by 214% over a 2022 estimate, and shrinks inferred resources by about…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference on financing trends in New…
Group Eleven shares leap on high-grade zinc-lead hits at Ballywire in Ireland
Group Eleven Resources (TSXV: ZNG; US-OTC: GRLVF) shares shot up 25% Tuesday as the company reported the strongest zinc-lead-silver drill results yet at its Ballywire prospect, part of its PG…
Southern Silver study ups Mexico project NPV, mine life
An updated preliminary economic assessment (PEA) for Southern Silver Exploration’s (TSXV: SSV) Cerro Las Minitas project in Mexico shows improved economics and added 2.6 years to the mine life. The…
Fireweed Metals nets $41.7M Lundin-backed financing for Yukon crit-mins exploration
Fireweed Metals (TSXV: FWZ) has boosted a private placement to $41.7 million to fund this year’s exploration in the Macpass critical minerals district of Yukon. The share offering supported by…
New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’
Claudia Sheinbaum, a climate scientist, won Mexico’s election to become the country’s first female leader and is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador. …