Forsys Metals (TSX: FSY) shares surged 6.1% on news the uranium developer has secured a prospecting licence renewal for the Namibplaas deposit, part of its flagship Norasa project in Namibia….
Dundee Precious Metals (TSX: DPM) has sold its Tsumeb specialty smelter in Namibia to a subsidiary of Sinomine Resource Group. Under the share purchase agreement, Dundee will receive US$49 million…
After more than a decade in operations, Fortuna Silver (TSX: FVI; NYSE: FSM) will cease activities at its San José mine in Mexico later this year, earlier than the previously…
Copper is a good bet to outperform other major metals over the next year, based on strong market fundamentals, senior Canadian bankers told delegates this week at the world’s largest…
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
The global nickel market risks a surprise deficit this year amid slowing processing timelines for new Indonesian nickel mine permits, the Macquarie Group said in a report Thursday. This bottleneck…
Alpha Exploration (TSXV: ALEX) shares gained after reporting its highest-grade drill results on the Aburna project in Eritrea. Reverse circulation drill hole ABD012 cut 18 metres grading 15.33 grams gold…
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is using its giant heft to jumpstart small exploration companies with new ideas on how to find energy transition minerals. The company’s BHP…
Montage Gold (TSXV: MAU; US-OTC: MAUTF) hired a new CEO and nearly doubled a Lundin Group-backed stock offering to fund the US$712 million Koné gold project in Côte d’Ivoire. Toronto-based…
The precious metals producer kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.
It’s been a tough ride for the diamonds sector since rough prices hit an all-time high in the first quarter of 2022. Last year rough prices fell 15-20% according to…
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