Omai reports double-digit gold in Guyana
Omai Gold Mines (TSXV: OMG, OTCQB: OMGGF) says strong new assays will boost its Guyana site’s potential in a resource update due by mid-year. Hole 25ODD-101 at WeNot, one of two…
Articles by FREDERIC TOMESCO
PDAC Q&A: Torex CEO sees Mexico administration ‘tailwinds’ for Media Luna
Canadian gold producer Torex Gold Resources (TSX: TXG) is almost ready to start commercial production this spring at its $950-million (C$1.36-billion) underground Media Luna project in Mexico’s Guerrero gold belt….
First Quantum to suspend Panama arbitration battle
First Quantum Minerals’ (TSX: FM) Panamanian unit says it’s asked its lawyers to halt legal proceedings against Panama in a bid to end a 16-month-old feud with the Central American…
PDAC shows urgency of getting shovels in ground
Time is of the essence if miners are to deliver the minerals needed to power the energy transition. That sense of urgency was front and centre this week as Toronto…
PDAC: ETFs drain exploration funding
Massive investment flows into metals exchange-traded funds (ETFs) over the past two decades are the main reason miners are struggling to raise capital, an analyst told the world’s biggest mining…
PDAC: Trade war seen fast-tracking mine approvals
Could the escalating trade war with the United States unwittingly spur Canadian authorities to cut approval times for much needed mines and natural-resource projects? Some investment bankers think so. Citing…
PDAC: ‘Act like a startup to speed projects’
Mineral projects need to enter production much faster if the world is to find the metals necessary to power the upcoming energy transition, attendees of the world’s largest mining conference…
PDAC: Canada, Australia risk falling behind in investment race, BHP boss says
Canada and Australia could end up trailing emerging mining nations such as Argentina if their governments don’t speed up permitting and lower costs, BHP (NYSE, LSE, ASX: BHP) CEO Mike…
PDAC: Gold, copper prices can only rise, analysts say
Copper and gold prices are poised to soar over the next decade as usage continues to climb, the world’s largest mining conference heard. After modest copper surpluses this year and…
Is private equity the solution to funding shortfalls?
Private equity’s interest in mining remains robust despite a short-term slump in deals, industry executives and financiers say. Metals and mining transactions involving private equity and venture capital firms fell…
Copper tariffs to hit consumers: ex-Codelco CEO
Potential U.S. tariffs on copper will only serve to drive up prices for consumers because domestic producers won’t be able to make up the shortfall, the former CEO of Chilean…
Fury Gold to buy Quebec Precious Metals
Fury Gold Mines (TSX, NYSE: FURY) has agreed to buy Quebec Precious Metals (TSXV: QPM, OTC-BB: CJCFF) for about $4.1 million to expand its exploration portfolio in the James Bay…