Interview: Sierra rebounds under ex-Gold Fields exec
Sierra Metals (TSX: SMT) is targeting a 10-fold earnings increase this year compared with 2022 as it attracts potential “white knight” investors after rejecting a hostile takeover bid, its CEO…
Financial Matters, M&A
Sigma Lithium misses earnings but sales surge
Sigma Lithium (TSX-V, NASDAQ: SGML) reported a fourth-quarter 2024 loss of 8¢ per share on Monday, falling short of analysts’ expectations of a 3¢ per share profit. Revenue also missed…
Russia, US in talks over rare earth JVs: report
Washington and Moscow have begun discussions on joint rare earths projects in Russia, the head of the country’s sovereign wealth fund, Kirill Dmitriev, told pro-Kremlin Russian newspaper Izvestia on Monday. Dmitriev,…
PDAC JV video: Munich Mining Conference to return this October
Michael Türk, a newsletter writer and stock expert, is bringing the Munich Mining Conference back to Germany on October 3-4. After a hiatus of four years, the event is to…
PDAC JV video: Alamos Gold plans to mine about 1M oz gold by 2030, CEO says
Alamos Gold (TSX, NYSE: AGI) plans to produce nearly a million ounces of gold by 2030, CEO John McCluskey said in an interview. The optimistic outlook draws only on organic…
SQM cuts spending as lithium slump lingers
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, is scaling back spending this year amid a drawn out weakness in prices for the battery metal erodes margins. The miner,…
Implats mulls shutting Ontario palladium mine
South African miner Impala Platinum (JSE: IMP; US-OTC: IMPUY) may close its Canadian palladium mine earlier than planned after prices for the metal used in gasoline vehicles have plummeted more than…
What a shock: the power cost of ore processing
When it comes to understanding processing costs, electric power is an item that can have a substantial impact on operating expenses. Costmine, a division of Mining Intelligence owned by Glacier…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
AME Roundup: BC’s Eby proposes 3-pronged approach to ‘bizarre’ U.S. tariffs threat
British Columbia Premier David Eby on Thursday outlined a three-part plan to counter proposed United States tariffs on Canadian imports during remarks at a Vancouver conference. Eby says the province…
First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
Equinox shares surge following record production year
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.