Supply risks trump demand concerns: Cameco CEO
Global utilities have their work cut out if they hope to secure enough uranium to meet demand over the next 20 years, Cameco (TSX: CCO; NYSE: CCJ) CEO Tim Gitzel…
Stock Markets/Investing
Alamos shares sink as results fall short of expectations
Alamos Gold (TSX, NYSE: AGI) reported weaker-than-expected quarterly profit as costs rose and gold production climbed more slowly than planned. Shares plunged. Adjusted first-quarter earnings increased to $59.8 million, or…
Q1 gold demand soars to highest since 2016: WGC
First-quarter gold demand hit its highest level in nine years as exchange-traded funds loaded up on the metal, according to the World Gold Council (WGC). Total gold demand reached 1,206…
G Mining sees improved economics at Guyana project
Canada’s G Mining Ventures (TSX: GMIN) said a new feasibility study for its Oko West project in northern Guyana demonstrates improved economics compared with initial calculations released last year. At…
Video: Mining sector raises $11M for glioblastoma research at Daffodil ball
The mining sector helped raise $10.85 million Saturday to launch a five-year pan-Canadian glioblastoma research program, lifting the Daffodil Ball’s 29-year total to $38.85 million. Adam Lundin spoke in honour…
New Osisko study for Cariboo project lifts NPV, costs
An updated feasibility study for Osisko Development’s (TSXV, NYSE: ODV) Cariboo gold project in British Columbia increases net present value (NPV) by 88% even as estimated capital expenditures climb by…
Calibre hits 13-year high after Equinox sweetens offer
Shares of Calibre Mining (TSX: CXB; US-OTC: CXBMF) soared their highest price in 13 years after Equinox Gold (TSX, NYSE-A: EQX) sweetened its takeover offer right before shareholders were set…
Teck-backed AbraSilver assays boost La Coipita
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said assay results from drilling at its La Coipita copper and gold property in Argentina showed the presence of a significant porphyry system with expansion…
Trump considering sovereign wealth fund to invest in US miners, Interior Secretary says
U.S. President Donald Trump is considering investments in domestic companies that mine and process critical minerals in an effort to reduce America’s reliance on imports, according to Interior Secretary Doug…
Atlantic Lithium asks Ghana for tax relief to save mine
Australia’s Atlantic Lithium (ASX: A11) has appealed to the Ghanaian government for fiscal concessions to keep its Ewoyaa lithium project afloat, warning that the collapse in lithium prices has put…
Barrick trying to sell Hemlo mine: Bloomberg
Barrick Gold (TSX: ABX; NYSE: GOLD) is working to sell its Hemlo gold mine in northern Ontario, its last mine in Canada, according to a Bloomberg report. The company started…
Sierra agrees to Alpayana’s sweetened takeover bid
Canada’s Sierra Metals (TSX: SMT) agreed in principle to be taken over by Alpayana after the Peruvian miner sweetened its offer for a second time, tentatively putting an end to…