AJN Resources yields to Barrick pressure, won’t buy into Kibali mine
AJN Resources (TSXV: AJN) has dropped plans to acquire 10% of the Kibali gold mine in the Democratic Republic of Congo from state-owned Société Minière…
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Base & Battery Metal Snapshot: Eight companies with interesting prospects
AVALON ADVANCED MINERALS Avalon Advanced Minerals (TSX: AVL; US-OTC: AVLNF) is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The company…
AI pays off for Yamana, Goldspot at El Penon
GoldSpot Discoveries (TSXV: SPOT) issued a statement commending Yamana Gold (TSX: YRI; NYSE: AUY) for using machine learning technology to improve exploration targeting and contribute…
Electric vehicles will be US$350B market in 15 years, study says
The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research. “The energy storage…
Nevsun loses bid to stop lawsuit over alleged forced labour in Eritrea
Nevsun Resources (TSX, NYSEMKT:NSU) has lost its bid to have Canada’s Supreme Court throw out a lawsuit by former employees who say they were forced to…
‘Time to load up’ on gold equities, Haywood says
With gold breaking through US$1,600 per oz. – “a key long-term resistance zone” – analysts at Haywood Securities recommend “increasing tactical exposure to gold and…
Atac boosts Tiger’s economics with updated PEA
Atac Resources (TSXV: ATC) has unveiled an updated preliminary economic assessment (PEA) for its Tiger deposit in the Yukon, envisioning a smaller, higher grade operation…
Rio Tinto to start producing copper at Winu in 2023
Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023….
Monarch discovers high-grade zone at McKenzie Break
The latest drill results from Monarch Gold’s (TSX: MQR) McKenzie Break gold property, 25 km north of Val d’Or, Que., suggest a new high-grade zone…
Rio Tinto to spend US$1B to reach zero emissions
Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse…
Galway grows Clarence Stream in New Brunswick
Galway Metals (TSXV: GWM) has released drill results from its 605-sq.-km Clarence Stream gold project in New Brunswick, which narrows the gap between the Richard…
Teck decision to cancel Frontier rattles investor confidence, critics say
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor…