Iamgold soars on Q2 production, cost beat
Iamgold (TSX: IMG; NYSE: IAG) reported strong results for the second quarter of 2024, surpassing its production and cost targets, and lifting its stock price as much as 17% on…
Stock Markets/Investing
Why this week’s market mayhem doesn’t signal a complete meltdown
Global markets have experienced spectacular moves this week, led by Japan’s Nikkei index. It tumbled 12% on Monday, then recovered 11% on Tuesday! Incredible whipsaw action — But that’s not what…
Arizona Sonoran Copper PEA quadruples Cactus project’s net present value
Company shares jumped 35% Thursday after a new preliminary economic assessment envisioning Arizona Sonoran Copper’s (TSX: ASCU; US-OTC: ASCUF) Cactus project as a standalone open-pit mine raised the net present…
TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Site visit: Dolly Varden Silver targets high-grade expansion at Kitsault Valley in BC
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) says drilling at its Kitsault Valley project in northern British Columbia is on track to meet this year’s exploration targets as the company…
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
NexGen’s Rook I uranium project costs soar
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) says inflation and improved engineering have pushed construction costs for its permits-stage Rook I uranium project in Saskatchewan nearly 70% higher than a…
Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
As majors thirst for copper, Filo bid premium seems awfully low
You might have seen the news: BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has just made its next major copper grab. This time, it’s for the prized Filo del Sol…
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.