Open-pit gold miners most exposed to inflation: Jefferies
Gold miners with large open-pit operations could face the biggest margin pressure from the conflict in the Middle East as higher oil prices threaten to lift fuel and consumable costs…
Articles by FREDERIC TOMESCO
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Tartisan encounters nickel-copper at Ontario project
Tartisan Nickel (CSE: TN; US-OTC: TTSRF) says drilling at its flagship Kenbridge nickel‑copper‑cobalt project in Ontario encountered a broad mineralized zone as crews test the deposit’s depth potential. Hole KB26-210 cut…
Talon Metals surges on new Minnesota drill results
Talon Metals (TSX: TLO; US-OTC: TLOFF) said new drilling at the Tamarack nickel-copper-cobalt project in Minnesota supports the potential expansion of the property’s Vault zone system. The stock jumped to…
Lundin spends $215M to boost Chile footprint
Lundin Mining (TSX: LUN) agreed to pay $215 million (C$292 million) to boost its majority stake in Chile’s Caserones copper mine and acquire a piece of the nearby Los Helados…
Cameco signs $2.6B uranium supply deal with India
Cameco (TSX: CCO; NYSE: CCJ) signed an estimated $2.6 billion (US$1.9 billion) agreement to supply uranium ore concentrate to India for use in the country’s nuclear reactors. Canadian Prime Minister…
PDAC: Canada must build processing now, panelists say
Canada has a historic opportunity to build new processing facilities in the country as modern mines get developed amid a global resource boom, attendees were told at the Prospectors and…
PDAC: Vale eyes doubling of copper output, CEO says
Brazilian iron ore giant Vale (NYSE: VALE) is targeting a doubling of copper output over the next decade as part of a plan to expand its footprint in three main…
Osisko’s Gaspé revamp ties history to copper’s surge
For Osisko Metals (TSX: OM; US-OTC: OMZNF) chief operating officer Jeff Hussey, life has a way of repeating itself. Three decades ago, Hussey was hired by Toronto-based mining giant Noranda to work as a…
QazMoly nears $240M US funding for tungsten project in Kazakhstan
Kazakh company QazMoly said it could get as much as $240 million (C$328 million) in United States funding to develop its Drozhilov project in Kazakhstan if a deal can be…
Nevada tops Fraser survey as Ontario, Saskatchewan rise
Nevada has dislodged Finland as the best jurisdiction for mining investment globally while two Canadian provinces – Ontario and Saskatchewan – have climbed into the top three, a new survey…
Sitka Gold update puts RC among biggest deposits in Yukon’s Tombstone belt
Updated resources for Sitka Gold’s (TSX-V: SIG; US-OTC: SITKF) RC project in the Yukon have more than doubled inferred ounces, putting the property on course to become the Tombstone gold belt’s…