Hudbay’s plan to boost Copper Mountain output comes at a cost
Hudbay Minerals (TSX: HBM; NYSE: HBM) on Tuesday tabled a new mine plan for its Copper Mountain acquisition in southern British Columbia, outlining a planned 90% production hike at half…
Precious Metals
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Bluestone CEO grapples with activism in Guatemala as new president brings change
Lundin-backed Bluestone Resources (TSXV: BSR) wants to advance its Cerro Blanco gold project under Guatemala’s incoming reform-minded president but it faces anti-mining activists who don’t play by the same rules….
Cage drop kills 12, injures 74 at Implats Rustenburg mine in South Africa
Following a fatal accident at Impala Platinum Holdings‘ (JSE: IMP) Rustenburg mine in South Africa, the death toll has risen to 12 after a victim succumbed to their injuries in…
Gold juniors Nighthawk, Moneta to gain heft with all-share merger
Moneta Gold (TSX: ME; US-OTC: MEAUF) and Nighthawk Gold (TSX: NHK; US-OTC: MIMZF), two juniors with gold development projects in Canada, are planning an at-market, all-share merger. Moneta will contribute…
Nunavut nixes Agnico’s Meliadine gold mine expansion
Nunavut’s Impact Review Board has rejected Agnico Eagle Mines‘s (TSX:AEM; NYSE:AEM) application to expand the Meliadine gold mine near the northwest shore of Hudson Bay. The board said the proposal…
Azimut posts first resource for Patwon gold zone in Quebec
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) has released an initial resource for the Patwon gold zone at its Elmer property in Quebec totalling over 800,000 oz. contained gold. Indicated resources…
Skeena feasibility delivers longer mine life, bigger capex for Eskay Creek
Skeena Resources (TSX: SKE; NYSE: SKE) has released highlights of a definitive feasibility study for its Eskay Creek gold-silver project in northwest British Columbia that paints a picture of a…
Exclusive: Bristow eyes copper growth as Barrick invests in junior
Barrick Gold (TSX: ABX; NYSE: GOLD) is investing in junior Hercules Silver (TSXV: BIG) as part of a plan to find porphyry copper deposits, Barrick CEO Mark Bristow says. Of…
New Found Gold raising $56M to advance Queensway project
New Found Gold (TSXV: NFG; NYSEA: NFGC) is raising $56 million to continue exploration and drilling at its Queensway high-grade gold project 15 km west of Gander, N.L. The property…
Marathon Gold shares rise as its proposed Berry pit expansion passes provincial EA process
Marathon Gold (TSX: MOZ) shares edged higher on Monday following a positive development on the company’s plans to expand its flagship Valentine project located in Newfoundland and Labrador by including…
Hecla invests $10M in Dolly Varden Silver, ups share to 15%-plus
Dolly Varden Silver (TSXV:DV; US-OTC:DOLLF) will receive a $10-million strategic investment from Hecla Mining (NYSE: HL), with Hecla agreeing to subscribe for around 15.4 million Dolly Varden shares issued at a…