Hudbay seeks $210M Peru copper mine expansion OK
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) is seeking a permit to expand its Constancia copper mine in Peru’s Cusco region, including upgrades at the Pampacancha satellite pit. The US$210…
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Thunder Gold’s Tower Mountain drilling in Ontario cuts best gold hit in 50 years
Thunder Gold (TSXV: TGOL; US-OTC: TGOLF) has intersected high-grade gold from surface over broad intervals at its Tower Mountain property in Ontario, sending shares to a 12-month high on Tuesday….
US Copper hikes California project value to US$1B
US Copper (TSXV: USCU; US-OTC: USCUF) has highlighted the economic potential of its Moonlight-Superior project in California with a new independent technical report calculating its after-tax net present value at…
Trudeau to resign ahead of vote this year likely to elect conservative Poilievre
Canadian Prime Minister Justin Trudeau says he will resign, paving the way for a new Liberal Party leader to take on Pierre Poilievre, who is favoured to win an election…
Barrick gives Mali a week to lift restrictions before shutting Loulo-Gounkoto mine
Barrick Gold (TSX: ABX; NYSE: GOLD) has set a deadline this week for Mali to remove new export limits and resolve a dispute over its Loulo-Gounkoto mining complex or it…
US Forestry Service OKs Perpetua’s Stibnite gold mine in Idaho, lifting shares
Perpetua Resources’ (TSX: PPTA; NASDAQ: PPTA) shares jumped 19% Monday to a 12-month intra-day high after receiving a federal forestry service permit for the Stibnite gold project in Idaho. After…
CMOC sets cobalt production record in 2024
China’s CMOC Group produced a record cobalt volume in 2024, driven by the rapid ramp-up of its African mines. The world’s No. 1 cobalt miner announced Monday it produced 114,165…
Cameco’s uranium, Ivanhoe’s copper, Agnico’s gold lead BofA’s picks this year
Cameco (TSX: CCO; NYSE: CCJ), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Steel Dynamics (Nasdaq: STLD) are Bank of America’s top choices for…
XXIX hits 5.3% copper over 11 metres at Opemiska in Quebec
Drilling by XXIX Metal Corp. (TSXV: XXIX, OTCQB: QCCUF) at the Opemiska Copper Complex in Quebec has found strong copper mineralization in an area between two former mines. Company shares…
Vizsla Silver shares surge on 43% resource boost
Vizsla Silver (NYSE: VZLA; TSX: VZLA) saw double-digit share price gains on Monday after reporting a 43% increase in the mineral resource for its main Panuco project in Mexico. The…
Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Japan’s Nikkei business daily reported….
Sole US cobalt mine intends to go private after running out of cash
Jervois Global (TSXV: JRV; ASX: JRV), owner of the United States’ only cobalt mine, has paused mining, entered bankruptcy proceedings and plans to go private by the end of April. The…