DPM forecasts higher output at Serbia gold project
Canadian miner DPM Metals (TSX: DPM; ASX: DPM) said a feasibility study for the Čoka Rakita project in Serbia shows increased output and higher value generation compared with an earlier…
Financial Matters, M&A
Barrick paid $430M to settle Mali dispute: Bloomberg
Barrick Mining (NYSE: B; TSX: ABX) paid nearly the same amount as the back taxes Mali’s junta claimed it owed, ending a long dispute that had shuttered a mine once…
Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
Nuclear to get lion’s share of U.S. loans: official
Nuclear power will receive most of the money from the U.S. Energy Department’s loan office as part of a government push to ensure new reactors are built quickly, Energy Secretary…
SSR Mining adds 12 years to Colorado gold mine
SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Tactical raises up to $140M for Texas rare earths project
Tactical Resources (TSX-V: RARE; US-OTC: USREF) said U.S. asset manager Yorkville Advisors Global agreed to provide up to $140 million (C$196 million) in financing – a move that will help…
Solaris values Ecuador copper mine at $4.6B
Swiss mine developer Solaris Resources (TSX: SLS; NYSE: SLSR) says a prefeasibility study shows its Warintza copper-gold project in southeastern Ecuador would generate an after-tax net present value of $4.6 billion (C$6.4…
Equinox Gold rises on record output
Shares in Equinox Gold (TSX, NYSE-A: EQX) jumped on Thursday after the company reported record third-quarter production alongside low costs. The Canadian gold miner’s output during the three months to…
Lundin Mining lifts copper outlook, cuts costs
Canada’s Lundin Mining (TSX: LUN) has raised its forecast for full-year copper output and cut its costs outlook after stronger-than-expected performance at its Caserones mine in Chile. Lundin, which generated…
Iamgold hits record gold output
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) has reported strong third-quarter results, driven by record production at its flagship Côté gold mine in Ontario and continued debt reduction efforts. The…