New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
Agnico Eagle
People in Mining: Stephen Stewart’s tactical moves lift Ore Group on several fronts
A decade ago, Stephen Stewart launched Ore Group with a clear strategy: capitalize on distressed assets from the global financial crisis and develop them into high-potential projects. His approach has…
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Explorers on high alert as challenging wildfire season rages
Canada’s most destructive wildfire season is ongoing. While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons. According to the Canadian Interagency…
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources all reported impressive figures, beating…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive…
Ottawa forces Chinese divestments in critical minerals companies
The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On…
Federal government stiffens guidelines on foreign involvement in Canada’s critical mineral sectors
The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada’s critical minerals sectors. In a joint news release issued…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold…
New Agnico Eagle positioned for growth, says chairman Sean Boyd
A little more than two weeks following the closure of the $10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Agnico Eagle-Kirkland Lake merger gets a second proxy advisory thumbs-up
The proposed ‘merger of equals’ between Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) have received a second proxy advisory firm…