TSX books solid rise over July 10-14 trading week
Over the July 10-14 trading week, the S&P/TSX Composite Index advanced 451.38 points or 2.3% to 20,262.07. The S&P/TSX Global Mining Index rose 6.28 points or 6% to 110.58 and…
Africa
Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Video: Joe Mazumdar spotlights critical minerals and supply chain security
A recent industry conference heard Exploration Insights newsletter writer and analyst Joe Mazumdar warn that a blind rush toward carbon neutrality by 2030. He told The Mining Investment Event in…
Appian ready to deploy US$2B in cash-starved mining sector, says CEO
About a decade ago, private equity (PE) funds began to take an interest in the mining sector. At the time, financing was hard to come by, and the growth of…
Deep-South stock soars after Namibia renews copper project licence
Canada’s Deep-South Resources (TSX-V: DSM) can finally resume work at its Haib copper project in Namibia as the country’s government has renewed the miner’s prospecting licence for two years. The awaited…
Pure-play nickel company Lifezone Metals rises on NYSE debut
Battery metals development company Lifezone Metals (NYSE: LZM) began trading on the New York Stock Exchange on Thursday following the business combination between special purpose acquisition company GoGreen Investments and…
Is it time to buy deflated gold stocks?
It’s been a tough few weeks for the gold bulls. It was only two months ago they were screaming from the roof calling for a gold ‘break-out’ into all new…
How working with artisanal miners can reduce risk and generate value
Large-scale and artisanal-scale mining (ASM) are often at odds. Artisanal miners are frequently seen as squatters by large-scale companies, using land concessions without formal rights. Their presence also increases the…
Video: New discoveries needed to revive Canada’s flagging diamond sector
Canada’s natural diamond market needs a new discovery to invigorate investor interest in a flagging industry, says sector heavyweight Eira Thomas. The Lucara Diamond (TSX: LUC) CEO says several diamond…
Altona to resume drilling at rare earths project in Mozambique
Altona Rare Earths (LSE: REE) said on Wednesday it had reopened its Monte Muambe rare earths project in Mozambique, with drilling to resume on or around July 15. The exploration…
Barrick Gold rolls out new 10-year plan at Kibali mine
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Wednesday it was rolling out a new 10-year plan at its Kibali mine in the Democratic Republic of Congo, which is Africa’s…
TSX rises 3.8% over June 26-30 trading week
Over the June 26-30 trading period, the S&P/TSX Composite Index advanced 737.06 points or 3.8% to 20,155.29. The S&P/TSX Global Mining Index rose 2.01 points or 1.93% to 106.16 and…