Ontario Snapshot: Eight companies to watch
Ontario is one of the world’s premier mining jurisdictions. Here’s a look at eight companies exploring the province for gold, PGMs, lithium and more. First Mining Gold First Mining Gold…
Canada
Industry groups welcome $10B in Ottawa’s budget update
Canada’s major mining industry group and a green energy think tank are welcoming nearly $10 billion spread over tax credits for clean technology, mining project approval improvements, innovation research and…
Ontario Mines Minister Pirie targets red tape for Ring of Fire
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape “fairly shortly” while encouraging more federal…
Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Barrick falls to new 12-month low as Q3 profit drops on lower output, higher cost
Canada’s number-one gold producer Barrick Gold (TSX: ABX; NYSE: GOLD) has reported a sharp drop in third-quarter earnings as lower production and higher costs weighed on its September-quarter financial results….
EDM to modernize mothballed Nova Scotia zinc mine for 2023 restart
Secretariat won the Triple Crown that year, NASA launched Skylab and Watergate intensified.It was 1973, the same year Esso Minerals and Cuvier Mines began developing the Gays River underground zinc…
Ottawa forces Chinese divestments in critical minerals companies
The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On…
Nutrien earnings outlook sours on pared potash guidance
Canada’s top potash producer Nutrien (TSX: NTR) has guided for lower full-year headline profit as September-quarter sales volumes and prices slid lower than expected. The Saskatoon, Saskatchewan-based crop nutrient producer,…
Arizona Sonoran Copper rises on thick Parks-Salyer drill hit
Arizona Sonoran Copper’s (TSX: ASCU) ongoing 32,000-metre infill drill program at its Parks-Salyer (P/S) porphyry copper deposit has delivered an intercept of 217.7 metres grading 1.01% copper. The robust intersection…
New Found Gold announces high-grade results from new Lotto North zone
The latest assay results from New Found Gold (TSX-V: NFG; NYSE-A: NFGC) show near-surface, high-grade mineralization at its Lotto zone in northeast Newfoundland. The drilling shows that Lotto North is…
Critical Elements gets Quebec’s environmental OK to move Rose lithium-tantalum project forward
Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF) has received a certificate of authorization (CA) under Quebec’s Environment Quality Act for its Rose lithium-tantalum project located in the province’s James Bay…
Maverix reveals new royalty in third quarter update
Maverix Metals (TSX: MMX; NYSE-AM: MMX) says it’s on track to meet its revised 2022 guidance of 28,000 to 31,000 attributable gold-equivalent ounces and unveiled a new royalty deal on…