Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Fast News
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold system. The stock jumped. Standout…
Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04 billion) – almost twice the…
Equinox-Orla get OK to create No. 2 Canada gold miner
Equinox Gold (TSX: EQX) (NYSE: EQX) and Orla Mining (TSX: OLA) (NYSE: ORLA) have secured shareholder approval for their $18.5 billion merger, creating Canada’s second-largest gold producer with expected annual…
Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in Chihuahua state. The stock rose….
Gold, silver prices rebound as US-Iran war spreads
Gold and silver jumped on Wednesday as a sharp escalation in the United States war on Iran sent oil surging and investors scrambling back into havens, with buyers willing to…
Getchell Gold sees $905M value for Fondaway Canyon
Getchell Gold (CSE: GTCH; US-OTC: GGLDF) says a revised preliminary economic assessment (PEA) for its proposed Fondaway Canyon open-pit gold mine in Nevada has boosted the project’s value by 67%…
London Gold offers $25M for Bolivia-focused Bocana
Privately held London Gold LLC is moving towards a $25 million (C$35 million) cash and stock deal for Americas-focused explorer Bocana Resources (TSXV: BOCA), which holds the Escala project in…
Thunder Gold assays suggest Tower Mountain expansion in Ontario
New drilling by Thunder Gold (TSXV: TGOL; US-OTC: TGOLF) at its Tower Mountain project in Ontario has confirmed the deposit’s main trend continues at depth and remains open for further…
AI emerges as new driver of rare earth demand: Sprott
Artificial intelligence is emerging as an unexpected new source of demand for rare earth elements, adding to military and clean-energy consumption just as Western governments pour billions of dollars into…
BMI hikes copper price forecast 6.7% on supply deficits
Industry research firm BMI lifted its 2026 average copper price forecast by 6.7% to $12,700 per tonne, citing converging supply-side pressures, tariff-driven tightness and AI-fuelled optimism.Copper trading in New York…