The View from England: Arabian call to action at Future Minerals Forum
A mining conference without alcohol, and at which many delegates left when Mark Bristow and Robert Friedland took to the stage. You wouldn’t think such an event was likely to…
2022
Saudi Arabia hosts minerals forum; aims to become global mining hub
Saudi Arabia hosted its first ever Future Minerals Forum from 11 to 13 January in its capital Riyadh, to provide insight into the Kingdom’s mining potential and address concerns about…
TSX rises during the Jan. 10-14 trading week
The S&P/TSX Composite Index rose 273.1 points or 1.30% to finish the Jan. 10-14 trading week at 21,357.60. The S&P/TSX Global Mining Index gained 3.12 points or 2.98% to 107.81…
US markets fall during the Jan. 10-14 trading week
The Dow Jones Industrial Average fell 319.85 points or 0.88% to 35,911.81 and the S&P 500 dropped 14.18 points or 0.30% to 4,662.85. Spot gold climbed US$21.10 per oz. or…
TSX Venture falls during the Jan 10-14 trading week
The S&P/TSX Venture Exchange fell 8.47 points or 0.93% to 902.99. Spot gold rose US$21.10 per oz. or 1.17% to US$1,818.10 per ounce. Shares of Nouveau Monde Graphite rose 99¢ to $10.47. The company appointed Bernard…
First Quantum could face higher tax and royalty payments in Panama
First Quantum Minerals (TSX: FM) may have to pay more tax and an annual royalty payment that is eight times higher than the current one for their Cobre Panama copper mine in Panama as the company continues to negotiate a new contract…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
Equinox Gold meets guidance with 602,100 oz. in 2021
Equinox Gold (TSX: EQX; NYSE: EQX) produced a record amount of gold – 602,100 oz. – last year, easily meeting guidance and delivering 26% more ounces than in 2020. All-in…
Endeavour Silver to buy SSR’s Pitarrilla project in Mexico for US$70M
Endeavour Silver (TSX: EDR; NYSE: EXK) is acquiring SSR Mining’s (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Pitarrilla silver-lead-zinc project in northern Mexico in a cash and share deal valued at US$70 million. The transaction is…
NextSource shares storm ahead on successful Molo graphite plant testing
The Toronto-quoted equity of Sir Mick Davis-backed graphite mine developer NextSource Materials Inc. (TSX: NEXT; US-OTC: NSRCF) continues to climb after the company announced successful factory acceptance testing this week…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…