Osisko Metals’ Gaspé copper assays beat outlook
Osisko Metals (TSX: OM) said initial drilling results at its Gaspé copper project in eastern Quebec topped expectations. Shares jumped. All five holes drilled in the past three months intersected…
Financing
Site visit: One of the strangest chapters in copper mining is drawing to a close
With so much happening in copper – from all-time highs mixed with price collapses – it’s easy to lose sight of the giant hole that exists in the industry where…
Patagonia Gold secures $40M for Argentina project
Patagonia Gold (TSXV: PGDC) said on Monday it has secured an investment of $40 million (C$55.5 million) to support the development of its main Calcatreu project in Rio Negro, central…
Infographic: Copper spheres of control
Who controls the future of copper?
Fortuna Mining exits Burkina Faso for US$130M
Fortuna Mining (NYSE: FSM, TSX: FVI) agreed to sell its Burkina Faso operations to Mauritius-based Soleil Resources International for about US$130 million ($181 million) cash. The sale represents “a prudent…
Gold ETFs log US$21B rise in first quarter, WGC says
Global gold exchange-traded funds (ETFs) grew by US$21 billion in the first quarter to reach their second highest quarterly level by value since the second quarter of 2020 at the…
Uzbekistan, US companies ink mineral deals
The United States has stepped up its global pursuit of strategic minerals with the signing of a deal promoting American mining investments in Uzbekistan. The announcement comes after a Uzbek…
Alpayana poised to let Sierra takeover bid die
Peru’s Alpayana said it’s prepared to let its revised bid for Sierra Metals (TSX: SMT; US-OTC: SMTSF; BVL: SMT) expire in two weeks after the Canadian miner urged shareholders to…
Carney would OK projects in two years to Poilievre’s one
Liberal leader Mark Carney is pledging to expand Canada’s mineral exploration tax credit and approve resource projects within two years through a dedicated office. Carney, who faces main challenger Pierre…
Dryden encounters ‘significant’ visible gold at Elora
Canadian junior miner Dryden Gold (TSXV: DRY; USOTC: DRYGF) says it encountered “significant” visible gold during deeper drilling at its Elora property in Ontario. The newly discovered section in hole…
PDAC Video: BHP works towards 2026 production start for Jansen potash mine
Leveraging a US$10 billion investment to build its Jansen potash mine in Saskatchewan, BHP (NYSE, LSE, ASX: BHP) is targeting 4.3 million tonnes of production by next year, says project…
Barrick eyes over $2B in financing for Reko Diq
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to secure more than $2 billion (C$2.84 billion) in financing for its Reko Diq copper and gold project in Pakistan, with term sheets…