TSX mixed, March 15-19
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index…
South America
Nexa invests in Tinka Resources
Nexa Resources (TSX: NEXA; NYSE: NEXA) – one of the largest zinc producers in the world – has acquired a 9% stake in Tinka Resources (TSXV: TK; US-OTC: TKRFF), which…
Exclusive iron-ore port could boost Vale expansion plan
Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets. Despite the Covid-19 pandemic, China…
Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found…
Gran Colombia offers $315M in friendly, all-share offer for Gold X
Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was…
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…
Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC
The 89th annual Prospectors and Developers Association of Canada convention kicked off yesterday a little differently – in an online format thanks to the ongoing coronavirus pandemic. The highlight of…
Miners await presidential elections in Ecuador
On April 11th, Ecuadorians choose a new president with critical implications for the country’s nascent mining industry. For many, the vote is a referendum on the legacy of former president…
Resource nationalism surge spells rough times for miners
Resource nationalism has spiked in more than 30 countries over the last year and more than half of those nations are key producers of minerals and hydrocarbons, a new study reveals….
Tier One Silver raises $13.5M ahead of Q2 drilling in Peru
With a listing on the Toronto Venture Exchange in the works, Tier One Silver has raised $13.5 million for exploration at its flagship Curibaya silver-gold project in Peru. The junior,…
Nexa Resources aims to expand copper assets
Nexa Resources (TSX: NEXA; NYSE: NEXA) is looking to expand its copper assets, CEO Tito Martins told MINING.COM. “Copper is the mineral of the moment, of the decade, and maybe the…
JV Article: Solaris doubles drill program on major discovery at Warintza copper project in Ecuador
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador’s main mining district in…