Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
News
Nouveau Monde releases feasibility study for Matawinie mine and Becancour battery plant
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has released an integrated feasibility study for its Matawinie mine project and Bécancour battery material plant, both in Quebec, that reported a higher…
Marathon Gold boosts Newfoundland project mineral resource
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada. The Toronto-based miner said…
Granada Gold increases M+I resources in Quebec by 21%, inferred by 71%
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi…
Arizona Metals hits wide intercepts of gold and copper at Kay project
The latest drill results from the Kay mine project in central Arizona demonstrate more intervals of gold and copper-rich sulphide mineralization, Arizona Metals (TSXV: AMC; US-OTC: AZMCF) reports. Results from…
Two Red Lake hopefuls crater on brewing Barrick beef
The shares of two Red Lake Gold Camp-focused ‘close-ology plays’ crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a…
Monarch Mining feeds first ore to Beacon mill in Quebec
In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects…
Mkango feasibility for Songwe Hill rare earth project pegs capex at US$277M, post-tax NPV at US$559M
Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90…
The Northern Miner Podcast – episode 298: Central banks are buying gold at higher prices, ft CPM Group managing partner Jeffrey Christian
This week’s episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses an increase in busyness in the precious metals market, as well as…
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
Nevada Copper arranges US$70M loan for Pumpkin Hollow, suspends underground mining work
In an effort to raise additional funds to continue operations at its Pumpkin Hollow copper mine in Nevada, Nevada Copper (TSX: NCU; OTC: NEVDF) has agreed to terms with its…
U.S. Markets fall during June 27-July 1 trading week
The Dow Jones Industrial Average fell 403.42 points or 1.2% to 31,097.26 and the S&P 500 fell 86.4 points or 2.25% over the week to 3,825.33. Shares of Mosaic Company rose by US62¢ or…