Shock exit: Rio Tinto CEO Stausholm to step down
Rio Tinto (ASX, LSE: RIO) announced on Thursday the unexpected exit of CEO Jakob Stausholm later this year, ending a nearly five-year tenure marked by efforts to restore trust with…
Stock Markets/Investing
New Found Gold expands Queensway’s Dropkick zone
New Found Gold (TSXV: NFG; NYSE-A: NFGC) reported high-grade intercepts at its Queensway gold project in Newfoundland and Labrador as it continues to expand the property’s Dropkick zone. Shares jumped….
Azimut says drill program at James Bay property encounters antimony, gold
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) reported drill results as high as 6.5 metres grading 3.43% antimony and 2.37 grams gold per tonne at its Wabamisk project in Quebec’s James Bay region. That…
Fortescue delays Iron Bridge full output to 2028
Australia’s Fortescue (ASX: FMG) has pushed back full operations at its $3.9 billion Iron Bridge project to 2028, five years later than initially projected, citing continued technical challenges and 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…
Canuck-backed Clarios to build $1B US plant
Clarios, the world’s largest manufacturer and recycler of low-voltage batteries, says it plans to invest up to $1 billion (C$1.39 billion) in a state-of-the-art critical minerals processing and recovery plant…
Earthquake reduces Ivanhoe’s Kakula output
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) temporarily suspended its Kakula underground operations in the Democratic Republic of Congo due to seismic activity. There were no injuries and mills restarted at…
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…
Saskatchewan’s first lithium brine project OK’d
Arizona Lithium (ASX: AZL) has received approval to start stage one production at its Prairie lithium brine project in Saskatchewan, the province’s first. The green light, granted by the provincial Ministry…
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…