Cash-rich gold producers should put reserve replacement first and avoid diluting shareholders as they invest in growth, Sprott Asset Management Managing Partner John Hathaway says. Hathaway favours share buybacks when…
Lux Metals (TSXV: LXM) is planning to seek about $7 million (US$5 million) in flow-through financing this fall to carry its La Grande gold project in northern Quebec towards a…
Weakening participation in the Nasdaq rally signals a possible market top, says Crescat Capital founder and CEO Kevin Smith, whose firm hedges some funds against a selloff that could also…
Magna Mining (TSX: NICU; US-OTC: MGMNF) has approved a $70-million (US$49 million) restart of its Levack nickel-copper mine near Sudbury, Ont., targeting commercial production by mid-2028. Thursday’s preliminary economic assessment…
Canada’s mining industry has won the political support needed to reverse years of decline, outgoing Mining Association of Canada (MAC) president and CEO Pierre Gratton said Tuesday. Companies now need…
Rock Tech Lithium’s (TSXV: RCK; US-OTC: RCKTF) proposed Ontario lithium refinery will cost $596 million (US$420.9 million), less than half its previous estimate, although the company hasn’t explained most of…
First-pass drilling at Inomin Mines’ (TSXV: MINE) Lynx block in central British Columbia cut 420 metres of near-surface nickel-magnesium mineralization, marking a second discovery area 10 km south of Beaver….
First Canadian Graphite (TSXV: FCI; US-OTC: GRAPF) plans to start drilling its Zone 13 discovery at Lac Guéret South in Quebec next month and deliver a first resource estimate early…
Ordinary investors have largely sat out gold’s rally, leaving room for another leg higher while central banks keep buying on price dips, veteran mining financier Frank Giustra says. Central banks…
Mining financings fell nearly 90% year over year to $765 million (C$1 billion) in September, down 78% from August. Over the 12 months ended Sept. 30, tracked financings totalled $23.34…
Tanzania has renewed Barrick Mining’s (TSX: ABX; NYSE: B) licences for the North Mara gold mine for 15 years, securing its operating tenure as the company weighs an expansion. North…
Cambria Gold Mines (TSXV: CAMB; US-OTC: CAMVF) is targeting another restart of the Premier gold mill in northern British Columbia for late next year after insufficient underground feed derailed its…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.