TSX up, June 21-25
The S&P/TSX Composite Index rose 1.15% to 20,230.26 during the June 21-25 trading week. The S&P/TSX Global Mining Index climbed 2.53% to 106.87, and the S&P/TSX Global Base Metals Index…
Copper
US Justice department backs land swap for Rio Tinto’s Arizona copper mine
The US government said today that it backs a 2,400-acre land exchange that would allow Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to move forward with its majority-owned Resolution…
Canada’s Top Ten royalty and streaming companies
Royalty and streaming companies have grown in number and popularity over the years. Here are the top ten royalty and streaming companies headquartered in Canada ranked by market capitalisation as…
Report outlines what Canada must do to secure supply of critical minerals
The Standing Committee on Natural Resources has presented a report before Canada’s House of Commons that stresses the importance of securing a supply of critical minerals, particularly in the face of China’s…
JV Article: Drilling advances understanding of gold system at Frotet in Quebec
Kenorland Minerals’ (TSXV: KLD) Frotet project in the Frotet-Evans greenstone belt of Quebec, 100 km north of Chibougamau, is shaping up to be a potentially significant gold system, says Zach Flood,…
Western Copper releases PEA for $3.3B Casino project in Yukon
The preliminary economic assessment for the Casino copper-gold-molybdenum project is positive, says owner Western Copper and Gold (TSX: WRN; NYSE: WRN). The PEA considered an open pit mine, a 120,000-tonne-per-day…
Lundin Mining shares plunge on Candelaria production guidance cut
The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the…
GoldMining updates resource estimate for Whistler project in Alaska
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage. The updated resource includes…
Base metals demand expected to benefit from green revolution – report
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus…
Taseko shakes management up as top bosses to retire
Canada’s Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) is reshuffling responsibilities among some of its most senior executives, as the miner’s top boss, Russell Hallbauer, and the chief operating…
Wood Mackenzie boosts battery metals expertise with Roskill buy
Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy’s expertise in energy transition. Neal Anderson,…
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Serbia Zijin Mining’s mine is expected to start production in the fourth quarter with an initial average copper output of 91,000 tonnes a year.