I-80 Gold stock drops on $100M public offering
I-80 Gold (TSX: IAU; NYSE: IAUX) shares fell by over 11% at market open Tuesday after it announced a $100-million equity financing. The units are priced at $1.65 each, comprising…
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ASX-listed Stanmore secures full stake in Eagle Downs met coal project
Stanmore Resources (ASX: SMR) is buying the rest of the Eagle Downs metallurgical coal project in Queensland, from Aquila Coal, after making a deal in February with South32 (LSE: S32;…
BHP and Mitsubishi close US$4.1B sale of Queensland coal mines
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) and Mitsubishi Development Pty have completed the sale of the Blackwater and Daunia mines to Whitehaven Coal for US$4.1 billion. The sale, first…
Canada extends exploration tax credit
The federal government is extending its 15% mineral exploration tax credit for investors in flow-through shares for another year. The extension, expected to provide $65 million in support for exploration,…
Vizsla Silver to raise $30M for Panuco exploration, shares down
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) is raising $30 million for exploration at its Panuco silver-gold project, located in southern Sinaloa, Mexico. The company has budgeted over 65,000 metres of…
Zinnwald lithium project in Germany now EU’s 2nd largest
Shares in Germany-focused Zinnwald Lithium (LSE: ZNWD) soared on Wednesday after it posted a 445% increase to resources at its the namesake project in the eastern state of Saxony. The update…
Vizsla Copper expands BC portfolio with Universal Copper takeover
Vizsla Copper (TSXV: VCU; US-OTC: VCUFF) is set to expand its British Columbia-focused exploration portfolio after striking a deal to acquire Universal Copper (TSXV: UNV) and its flagship Poplar project….
Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb
Alaska Energy Metals (TSXV: AEMC; US-OTC: AKEMF) said on Monday that its Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known…
China’s Zhaojin extends offer period for Tietto Minerals again
Zhaojin Mining has once again extended the offer period in its bid for Australia’s Tietto Minerals (ASX: TIE), a West Africa-focused gold producer. Zhaojin is currently Tietto’s second-biggest shareholder with…
Lumina Gold kicks off feasibility study for Ecuador project
Lumina Gold (TSXV: LUM) has hired Ausenco Engineering to lead the feasibility study for its Cangrejos gold-copper project in Ecuador, which the company said is the world’s top 15 gold…
Kootenay Silver updates La Cigarra resource
Mexico-focused Kootenay Silver (TSXV: KTN) has released an updated resource estimate for its La Cigarra project in Chihuahua state that improved silver grades by upwards of 20% compared to a…
Hochschild targets 15% rise in precious metals output in 2024
Hochschild Mining (LSE: HOC) ended 2023 at the top end of its revised production guidance, with costs also anticipated to be in line with expectations, the U.K.-based precious metals producer…