Franco-Nevada buys Yanacocha gold mine royalty for US$210M
Royalty and streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has agreed to pay Buenaventura up to US$235 million in cash and shares for a 1.8% net smelter return royalty (NSR)…
United States
Ivanhoe Electric completes mineral rights buy at Santa Cruz copper project
Ivanhoe Electric (TSX: IE; NYSE-AM: IE) now has full ownership of the mineral rights at its Santa Cruz copper project in Arizona after making a $10-million payment. The mineral rights…
I-80 Gold shares jump on high-grade results at Cove
The McCoy-Cove project hosts one of the highest-grade gold-silver deposits in Nevada.
Video: Surge Battery Metals closes in on PEA for Nevada lithium project
Surge Battery Metals (TSXV: NILI, OTC: NILIF) remains optimistic about the economic viability of its Nevada North lithium project, even as lithium prices sag, chairman Graham Harris said in an…
Video: World Gold Council sees market uncertainty raising metal’s price
Despite gold’s strong performance in the year’s first half, Western investors largely remained on the sidelines, Joe Cavatoni, senior market strategist for the World Gold Council, said in an interview….
Why this week’s market mayhem doesn’t signal a complete meltdown
Global markets have experienced spectacular moves this week, led by Japan’s Nikkei index. It tumbled 12% on Monday, then recovered 11% on Tuesday! Incredible whipsaw action — But that’s not what…
Arizona Sonoran Copper PEA quadruples Cactus project’s net present value
Company shares jumped 35% Thursday after a new preliminary economic assessment envisioning Arizona Sonoran Copper’s (TSX: ASCU; US-OTC: ASCUF) Cactus project as a standalone open-pit mine raised the net present…
US Strategic Metals lines up potential US$400M loan for Madison cobalt project
US Strategic Metals has lined up a potential loan package of up to US$400 million to redevelop the former Madison cobalt mine in Missouri. The Export-Import Bank of the United…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
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…