San Lorenzo hits all-time high on Chile gold assays
San Lorenzo Gold (TSXV: SLG) soared to a record intraday high after the Canadian explorer said new drilling on the Arco de Oro target at its primary Salvadora project in…
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McEwen climbs on quarterly earnings beat
Shares of McEwen (NYSE, TSX: MUX) advanced after the Canadian gold and silver miner reported better-than-expected quarterly results. Net income for the first quarter reached $33.4 million or $0.56 per…
TMCR expands into iron ore with $133M US deal
The Metals Royalty Company (Nasdaq: TMCR), a spinoff from seabed mining hopeful The Metals Co. (Nasdaq: TMC), is buying a royalty on Mesabi Metallics’ iron ore project in Minnesota for…
Trafigura in talks to build aluminum smelter in Egypt
Commodity trading giant Trafigura says it’s begun talks with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to build a new aluminum smelter in Egypt. The…
Ekati mine owner seeks creditor protection amid diamond decline in Canada’s Far North
Rising costs, depressed prices and heightened competition from synthetic stones have forced the owner of the Ekati diamond mine in Canada’s Far North to file for insolvency protection. Arctic Canadian…
Colombia coal mine explosion kills 9 workers
A coal mine explosion in Colombia’s central Cundinamarca province killed nine workers, only weeks after regulators sounded the alarm about gas risks at the site. The blast occurred at the…
Dominican Republic halts GoldQuest gold-copper project after protests
Dominican Republic President Luis Abinader has ordered a suspension of all activity at GoldQuest Mining’s (TSX-V: CQC) Romero gold-copper project after mass protests over environmental risks Thousands of demonstrators marched…
G2 drills Oko to 1 km depth amid $3B takeover
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) said fresh drilling at its Oko gold project in Guyana extended mineralization beyond the deposit’s known limits as the company works to complete its sale to…
Forrest said to sell Wyloo’s Yangibana rare earths stake in pivot to nickel
Australian tycoon Andrew Forrest is reportedly seeking buyers for a majority stake in the Yangibana rare earths project in Western Australia its holds through its private investment vehicle Wyloo Metals,…
Torex sees potential to extend life of Mexico gold mine
Canadian miner Torex Gold Resources (TSX: TXG) said new drilling on its main Morelos property in Mexico identified additional high-grade structures that could support further mine life growth. Hole MLLI-042…
Endeavour profit jumps on gold price surge
West Africa-focused Endeavour Mining (LON:EDV) posted a sharp rise in first-quarter earnings Thursday as soaring gold prices outweighed lower production. The London-based miner produced 282,000 oz. of gold in the…
Canadian Mint to disclose sourcing data after report on cartel gold ties
The Royal Canadian Mint says it will change disclosure policies following a New York Times investigation that showed some of the gold refined by the Crown corporation may have originated…