Site visit: One of the strangest chapters in copper mining is drawing to a close
With so much happening in copper – from all-time highs mixed with price collapses – it’s easy to lose sight of the giant hole that exists in the industry where…
News
Calibre rises on record gold output
Calibre Mining (TSX: CXB; US-OTC: CXBMF) increased first-quarter gold production by 16% to a record 71,539 oz. from its three producing mines in Nicaragua and Nevada. Shares rose. The quarter…
Patagonia Gold secures $40M for Argentina project
Patagonia Gold (TSXV: PGDC) said on Monday it has secured an investment of $40 million (C$55.5 million) to support the development of its main Calcatreu project in Rio Negro, central…
Goldman Sachs upgrades gold forecast to $3,700
Goldman Sachs has once again lifted its year-end price target for gold — this time to $3,700 an oz. — amid uncertainty surrounding the state of the global economy. In…
Gold Fields to shut Damang after Ghana denies lease
Gold Fields (JSE, NYSE: GFI) will cease operations at its Damang mine in Ghana after the government rejected the company’s application to extend the site’s lease expiring on Friday. The…
Trump eyes seabed minerals to rival China: FT
U.S. President Donald Trump is in the process of drafting an executive order that would enable America to stockpile the wealth of critical minerals found on the Pacific Ocean seabed,…
Unions back big Hudbay project as copper price gyrates
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) has reached an agreement with a coalition of union building trades to support the construction of its Copper World mine in Arizona. The…
Infographic: Copper spheres of control
Who controls the future of copper?
PDAC video: Newcore Gold expands drill program for Enchi resource upgrade, CEO says
Newcore Gold (TSXV: NCAU; OTCQX: NCAUF) has increased its drilling to 35,000 metres at the Enchi gold project in Ghana, CEO Luke Alexander says in a video interview. Upgraded and…
PDAC video: Gabon’s Millennial Potash aims to become Africa’s first potash miner, CEO says
Millennial Potash (TSXV: MLP; OTCQB: MLPNF) wants to double its initial resource at the Banio potash project in Gabon, chairman Farhad Abasov said in a video interview. The company also…
PDAC Video: Blue Lagoon preps for July gold production start in BC
Blue Lagoon Resources’ (CSE: BLLG; US-OTC: BLAGF) Dome Mountain gold project is the most recently permitted mine in British Columbia and it’s looking to start producing in July. Through its…
Fortuna Mining exits Burkina Faso for US$130M
Fortuna Mining (NYSE: FSM, TSX: FVI) agreed to sell its Burkina Faso operations to Mauritius-based Soleil Resources International for about US$130 million ($181 million) cash. The sale represents “a prudent…