Gold falls after sweeping Trump win boosts dollar
Gold prices fell 2% overnight after Donald Trump won the United States presidency in an election victory that swept across the nation with more support than his 2016 win. Bullion…
United States
Fortescue founder plugs ‘real zero’ ambitions; calls Trump an ‘economic pragmatist’
Fortescue Metals Group (ASX: FMG) founder and executive chairman Andrew Forrest says that both the mining industry and the broader world are gradually embracing the concept of “real zero” over…
Teck’s Amparo Cornejo named TNM’s first Operator of the Year
Amparo Cornejo, chief sustainability officer at Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), has been named The Northern Miner’s first Operator of the Year. The honour, which will be awarded…
American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update
The last batch of drill results from American Pacific Mining’s (CSE: USGD; US-OTC: USGDF) Palmer copper-zinc project in southeast Alaska returned broad copper and zinc intercepts, finding the deposit’s high-grade…
US Strategic Metals gets US$100M government loan for Missouri cobalt project
US Strategic Metals said Tuesday that its US$100.8 million loan application has been granted expedited approval by the United States Citizenship and Immigration Services in recognition of the potential job…
Dakota Gold infill drilling bodes well for Q1 Richmond Hill resource update
A round of infill drilling results released Monday for Dakota Gold’s (NYSE-A: DC) Richmond Hill project in western South Dakota supports a planned resource update in the first quarter of…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
Aussie Syrah secures US$150M Washington loan for Mozambique graphite operation
Syrah Resources (ASX: SYR) has been given a US$150 million loan by the United States International Development Finance Corporation to support the development of its graphite operation in Mozambique. In…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
Arizona Metals finds new copper-gold zone at Kay site
Arizona Metals (TSX: AMC; US-OTC: AZMCF) has discovered a new lens of mineralization in its Kay deposit on the namesake copper-gold project, outside the known deposit’s edge, the company reported…
Bunker Hill in line for US$150M federal bank loan for Idaho silver project
Bunker Hill Mining (CSE: BNKR) says the Export-Import Bank of the United States may loan it US$150 million to help restart and expand the past-producing Bunker Hill silver mine project in Idaho….
Private equity deals in mining tumble by half in 2024 – S&P
Private equity and venture capital transactions in the global metals and mining industry dropped sharply this year after reaching a five-year record last year, S&P Global Market Intelligence says. Total…