Uranium Energy sweetens bid for UEX
U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines’ (TSX: DML) competing bid for Canada’s UEX Corp. (TSX: UEX) after sweetening its original bid. The revised offer gives each…
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Oz Minerals rebuffs US$5.8B takeover bid from BHP
Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion (US$5.8 billion) takeover bid from the world’s largest miner BHP (NYSE: BHP; LSE: BHP; ASX:BHP), stating…
JV Article: Silvercorp Metals has significant silver production, development, and exploration exposure
Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition…
Hundreds of new mines required to meet 2030 battery metals demand, finds IEA report
Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found. In…
Adventus finalizes US$55M Trafigura offtake for El Domo; looks to raise another US$40M in debt
Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated…
BeMetals lands US$5M loan from B2Gold
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor…
Turquoise Hill flags US$200M cost increase at Oyu Tolgoi
Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive Oyu Tolgoi copper-gold mine in…
Anglo American to appeal El Soldado project rejection
Anglo American (LSE: AAL) is planning to appeal a Chilean environmental commission’s rejection of its $40-million operational continuity project for El Soldado copper mine, 125 km north of the capital…
Canadian gold miners report a mixed bag of Q2 results
Several Canadian-listed gold producers released second-quarter results after market close on Wednesday in what can perhaps best be described as a mixed bag. Vancouver-based major B2Gold (TSX, NYSE: BTO) posted…
Torex Gold continues to deliver on production, cost guidance with strong Q2
Torex Gold Resources (TSX: TXG) shares saw a nearly 15% bounce in trading today after the Mexico-focused miner posted second quarter results that beat analysts’ expectations. The company produced a…
Capex edges higher in Iamgold’s latest update for Cote gold JV
Iamgold (TSX: IAG ; NYSE: IAG) on Wednesday announced another increased estimate of capital expenditures for its 70%-owned Côté gold joint venture in northern Ontario that it holds with Sumitomo…
Sayona on track for first spodumene production in Q1 2023
Sayona Mining (ASX: SYA; OTC: SYAXF) has further advanced its planned restart of spodumene production at its North American Lithium (NAL) operation in Quebec, with approximately 30% of plant and…