Winsome buys more time to assess Renard deal
Australia’s Winsome Resources (ASX: WR1) has bought itself an extra three months to decide whether it will acquire the Renard diamond mine and plant in northern Quebec, paying $2 million…
Canada
Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta
At a time when most copper projects are struggling with soaring capital costs, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide project in Chile’s Atacama Desert to break the mould…
Westgold-Karora merger creates top five Australian gold miner
Australia’s Westgold Resources (ASX: WGX) and Canada’s Karora Resources (TSX: KRR) completed their planned merger on Friday, creating a dual listed miner that sits among Australia’s top five producers. The combined…
NexGen’s Rook I uranium project costs soar
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) says inflation and improved engineering have pushed construction costs for its permits-stage Rook I uranium project in Saskatchewan nearly 70% higher than a…
Video: Tough markets leading some juniors to pad project potential, Doug Silver warns
The quality of disclosures in junior mining – a sector that in the past was rife with shady stock promoters – has improved over the past four decades, says Douglas…
Site visit: Permit builds buyout promise at huge KSM gold-copper project, Seabridge says
Seabridge Gold (TSX: SEA; NYSE: SAKSM) has long been seen as a juicy takeover candidate for its huge KSM gold-copper deposit, but its remote, mountainous location in British Columbia, US$6.4-billion…
Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Podcast: ‘Our people can’t trust the land’—Chief Dawna Hope on Victoria Gold’s ongoing heap leach pad failure
This week’s episode features Chief Dawna Hope of the First Nation of Na-Cho Nyäk Dun in conversation with host Adrian Pocobelli. Chief Hope discusses her experience dealing with the heap…