Endeavour Silver expands into Peru with $145M mine
Endeavour Silver (NYSE: EXK; TSX: EDR) is expanding its operations into Peru with the acquisition of the Kolpa mine in Huancavelica in a $145-million (C$207-million) cash and shares deal. The…
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TNM Editorial: The price of metals, the value of elections
To help mark 110 years at The Northern Miner, we’ve started a feature each month to include some Blasts from the Past. Take a look at page 39 in the…
Funding propels Fortune closer to NWT bismuth decision
Cross-border government aid is helping Canada’s Fortune Minerals (TSX: FT) approach a construction decision next year on its main Nico cobalt-gold-bismuth-copper deposit in the Northwest Territories. Fortune secured grants last…
Greenland rare earth project valued at $3B
The PEA demonstrates an internal rate of return (IRR) of approximately 180%.
Rare yellow diamond found at Rio Tinto’s Diavik mine
Rio Tinto (NYSE, ASX, LSE: RIO) has unearthed a 158.20-carat gem-quality yellow diamond at its Diavik mine in the Northwest Territories. The precious rock is one of only five yellow…
Vizsla reports high-grade discovery in Mexico
Vizsla Silver (TSX, NYSE: VZLA) says a high-grade find bodes well to expand its flagship Panuco silver-gold project in Mexico. Hole AM-25-90 returned 653 grams silver per tonne, 4.26 grams gold, 0.02%…
Sigma Lithium misses earnings but sales surge
Sigma Lithium (TSX-V, NASDAQ: SGML) reported a fourth-quarter 2024 loss of 8¢ per share on Monday, falling short of analysts’ expectations of a 3¢ per share profit. Revenue also missed…
China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Codelco regains title as world’s top copper producer
Codelco has resumed its position as the world’s largest copper producer after reporting 2024 output slightly more than BHP (NYSE: BHP). Chile’s state-owned miner produced 1.44 million tonnes of copper…
Russia, US in talks over rare earth JVs: report
Washington and Moscow have begun discussions on joint rare earths projects in Russia, the head of the country’s sovereign wealth fund, Kirill Dmitriev, told pro-Kremlin Russian newspaper Izvestia on Monday. Dmitriev,…
Gold hits new high as Goldman sees $3,300
Gold soared to a new record on Friday even as Canadian Prime Minister Mark Carney and U.S. President Donald Trump said they’d had a constructive phone conversation a day after…
Interview: G Mining may issue debt, CEO says
Canadian gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will consider tapping the debt markets if it moves ahead with its $936 million (C$1.34 billion) Oko West gold project…