TSX gold miners rise over May 1-5 trading week
Over the May 1-5 trading period, the S&P/TSX Composite Index shed 94.51 points or 0.46%, to close at 20,542.03. The S&P/TSX Global Mining Index gained 1.79 points or 1.58% to…
Canada
Barrick on the hunt for new mines, not deals, CEO says
Barrick Gold’s (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow says he is searching for more gold and copper assets to add to the company’s portfolio, but not necessarily through…
RANKED: Top 10 longest-life precious metals mines under construction
Precious metals, long treasured for their lustre, beauty, stability and value, have diverse applications ranging from industrial and automotive to jewelry and investing. Demand for key precious metals, encompassing gold,…
Gold Fields deal gives Osisko option to fast-track high-grade gold at Windfall
The Windfall gold project in Quebec, boosted last week by a $600-million investment by Gold Fields (NYSE: GFI; JSE: GFI), may tweak plans to increase first-year production by a third,…
Colonial boss scores two kicks at same coal can for billions in B.C.
David Austin has already sold what may be the largest undeveloped metallurgical coal land package in western Canada for several billion dollars. Now, in a strange twist of fate, he’s…
Canadian miners are missing out on R&D tax incentives worth tens of thousands
As mining companies across Canada face budget cuts and more pressure to make sound investments, it has never been more important to make the most of every cent available. Canada…
Faraday Copper PEA ‘scratches the surface’ with a US$2.7B, 32-year Copper Creek plan
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has released a preliminary economic assessment (PEA) outlining a long-life project at its Copper Creek project in southern Arizona that could produce 51,100 copper-equivalent…
Juniors see glass half full in Chile’s new lithium plan
Plans by the Chilean government to strengthen control over the country’s lithium have sent shockwaves through the industry and markets. As headlines warned of resource nationalism, shares in SQM (NYSE:…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Clean Air Metals shares rise on new Thunder Bay North resource
Clean Air Metals‘ (TSXV: AIR; US-OTC: CLRMF) shares ended the day 14% higher after the junior posted an updated resource for its Thunder Bay North critical metals project, where it’s…
Marathon Gold on schedule to begin production in early 2025
Marathon Gold (TSX: MOZ) is on track to begin production at its Valentine gold project in Newfoundland by the first quarter of 2025. The company began early works on the…
American Pacific adds Centerra Gold to roster of prospecting partners
Canadian exploration outfit American Pacific Mining (CSE: USGD; US-OTC: USGDF) on May 2 agreed to buy privately held Clearview Gold in a deal valued at $5 million, thus adding a…