Workers at Baffinland ask Canada to approve mine expansion
Unionized workers at Mary River iron ore mine are asking Ottawa approve the miner’s request to increase shipping limit.
News
JV Article: Lundin Gold is now generating significant free cash flow
Last year was an exceptional one for Lundin Gold (TSX: LUG) and its high-grade Fruta del Norte underground mine in southeastern Ecuador, 130 km northeast of Loja, the country’s fourth-largest…
Sayona raises $136M for Quebec lithium project’s restart in 2023
Lithium developer Sayona Mining (ASX: SYA) on Friday announced a $136-million institutional placement to fund the 2023 restart of its North American Lithium (NAL) operations. “The planned restart at NAL remains…
Investment in recovery technology is the future, says Sigma Lithium CEO
The next “boom” in the mining industry is going to be in recovery technology, as companies focus on making the most out of existing resources, says Ana Cabral-Gardner, co-CEO of…
Glencore seeks provincial mediation after Raglan workers vote for strike action
Nunavik-based Raglan mine, owned by Glencore (LSE: GLEN), has asked Quebec’s Ministry of Labour, Employment and Social Solidarity to appoint an independent mediator to facilitate discussions with the mine’s union…
China drags down entire industrials metals complex – Fitch report
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some…
Equinox and Sandstorm create new royalty company
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company — Sandbox Royalties — which will combine assets in the Americas…
One way or another, energy transition factors into spring elections
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees….
New drilling expands near-surface zone flagged for starter pit potential at Solaris Resources’ Warintza in Ecuador
Solaris Resources (TSX: SLS) has reported assay results from six holes aimed at upgrading and growing the resources at its Warintza copper porphyry project in southeastern Ecuador. Highlights from the…
Investors not impressed by Aurelius’ maiden Aureus East resource estimate
Aurelius Minerals (TSXV: AUL; US-OTCQB: AURQF) has released an initial mineral resource estimate on its Aureus East gold project in Nova Scotia, sending its equity to a new 12-month low…
SilverCrest Metals begins commissioning Las Chispas in Mexico
SilverCrest Metals (TSX: SILV; NYSE-AM: SILV) said Thursday it has begun commissioning the processing plant at its Las Chispas gold-silver project in Sonora, Mexico, which is expected to reach commercial…
Galway Metals closes $10.5M bought deal for Canadian exploration
Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through…