Hudbay’s plan to boost Copper Mountain output comes at a cost
Hudbay Minerals (TSX: HBM; NYSE: HBM) on Tuesday tabled a new mine plan for its Copper Mountain acquisition in southern British Columbia, outlining a planned 90% production hike at half…
Canada
Iamgold to acquire Nelligan project through friendly takeover of Vanstar
Iamgold (TSX: IMG; NYSE: IAG) is acquiring Quebec-focused gold explorer Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF) in an all-share, friendly deal in order to consolidate its interest in the…
I-80 Gold reports best drill hits yet at Ruby Hill in Nevada
I-80 Gold (TSX: IAU; US-OTC: IAUCF) said Monday it had struck high-grade polymetallic mineralization at the Ruby Hill property’s Blackjack zone reporting the best assay results on the prospect yet….
Dutch court orders Greenpeace off deep-sea mining vessel amid disputed ocean study
Activists with Greenpeace International have been ordered to vacate a research vessel charted by The Metals Company (NASDAQ: TMC), a pioneer in seafloor polymetallic nodule exploration in the central-eastern Pacific…
TNM Drill Down: Treaty Creek gold assays ‘astound’
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by data company Mining…
Ivanhoe Electric to acquire remaining interest in Peru-focused Kaizen Discovery
Ivanhoe Electric (TSX: IE) has inked a definitive deal to acquire the remaining common shares of Peru-focused mineral explorer Kaizen Discovery (TSXV: KZD) that it does not already own, equivalent…
First Quantum to fast-track Zambia project after Panama blow
Canada’s First Quantum Minerals (TSX: FM) has signed a deal with Zambia’s Mimosa Resources to fast-track development of their Fishtie copper project in the south-central African country, near the border with the…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Media Luna West drilling points to future Morelos mill feed
Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico,…
Vale Base Metals in search of new CEO
Vale Base Metals says that Deshnee Naidoo will step down from her position as CEO at the end of March. The $26-billion copper and nickel unit was created in July…