Canada’s mineral output value fell in 2023, report finds
The economy of the future depends on minerals and metals from Canada, MAC asserts.
Precious Metals
Amex nearly triples Perron project gold in Abitibi
A resource update for Amex Exploration’s (TSXV: AMX; US-OTC: AMXEF) Perron gold project in Quebec’s Abitibi region raises contained gold almost three-fold in the measured and indicated categories over the…
NGEx Minerals shares soar on Lunahuasi discovery
NGEx Minerals’ (TSXV: NGEX; US-OTC: NGXXF) shares jumped nearly 20% on Wednesday after drill results in Argentina revealed the presence of a bigger underlying porphyry system than previously thought. Drillhole…
Solaris lands $200M from Royal Gold
Canadian mining developer Solaris Resources (TSX: SLS; NYSE: SLSR) has secured a $200-million financing deal from streaming and royalty company Royal Gold (Nasdaq: RGLD) to advance its Warintza copper-gold project…
Dundee in talks to acquire Adriatic Metals for $935M
Adriatic Metals (LSE: ADT1) confirmed Tuesday it is in takeover talks with Canadian miner Dundee Precious Metals (TSX: DPM). The discussions, first reported by Sky News, could value the UK-based…
STLLR Gold PEA ‘resets’ Tower project as capex triples
STLLR Gold’s (TSX: STLR; OTCQX: STLRF) resource and preliminary economic assessment (PEA) updates on May 15 for its Tower project in Ontario saw investors selling and its Toronto stock dropping…
AbraSilver rises on ‘best-ever’ gold hit at Diablillos
Drilling by AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) at its Diablillos project in northwest Argentina returned 31 metres grading 10 grams gold per tonne and 16 grams silver, its best-ever yellow…
Newcore drilling reveals growth potential at Enchi
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) said drilling at its Enchi gold project in southwestern Ghana encountered multiple wide zones of higher-grade gold mineralization. Shares rose. Hole KBRC357 in the north-central…
Perpetua gets final U.S. OK for fast-tracked Stibnite
Perpetua Resources (Nasdaq: PPTA; TSX: PPTA) says it’s obtained the final federal approval for the $1.3 billion capex Stibnite gold-antimony project in Idaho that U.S. President Donal Trump fast-tracked in…
Gold miner Navoi issues $500M Eurobond
Navoi Mining & Metallurgical Co., the world’s fourth-largest gold miner, has placed a new $500 million corporate bond in London following a $1-billion issue in October as the company preps…
Ex-LBMA exec adopts blockchain to trace gold
Sakhila Mirza must turn a decade of rule-making experience at the London Bullion Market Association (LBMA) into real-world systems as incoming president of New York-based traceability platform, Responsible Gold. Her…
$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…