Glencore chooses coal head Gary Nagle as new CEO
Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company’s top boss early…
Copper
Unigold extends mineralisation at Neita concession in the Dominican Republic
Unigold (TSXV: UGD; US-OTC: UGDIF) has reported drill results from its exploration program at the Candelones Extension deposit, part of the company’s 100% owned Neita Concession…
Serengeti, Sun Metals merger to create BC-focused copper-gold developer
B.C.-focused juniors Serengeti Resources (TSXV: SIR) and Sun Metals (TSXV: SUNM) plan to combine to create a “premier Canadian multi-asset copper-gold developer.” The merger will…
SolGold delays Alpala prefeasibility study again
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today it won’t be able to complete the prefeasibility study for its Alpala copper-gold project this year as planned….
Mongolia, Turquoise Hill force Rio Tinto into Oyu Tolgoi cost review
The Government of Mongolia and representatives of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) have set up a special board committee to conduct an independent review…
Newcrest bets big on Greatland’s Havieron gold-copper project
It has also inked a farm-in and JV agreement with Greatland to access the latter’s Black Hills and Paterson Range East exploration licenses in the Paterson region of Western Australia.
Copper Mountain updates mine plan with mill expansion
Copper Mountain Mining (TSX: CMMC) has announced an updated life-of-mine plan, completed at a pre-feasibility study level, for its 75%-owned Copper Mountain mine in southern…
US fund threatens Rio Tinto with legal action over Oyu Tolgoi finances
Pentwater Capital has joined ongoing spat over over how to finance the underground copper project in Mongolia, with “oppression” order warning.
TSX mixed, Nov. 23-Nov. 27
The S&P/TSX Composite Index rose 2.22% to 17,396.56 during the Nov. 23-Nov. 27 trading week. The S&P/TSX Global Mining Index increased by 0.27% to 94.34,…
TSX Venture rises, Nov. 23-Nov. 27
The S&P/TSX Venture Exchange advanced 5.51% or 0.74% to 749.20 during the Nov. 23-27 trading week. Spot gold fell US$67.30 per oz. or 3.62% to…
HighGold plans to ‘make hay while the sun shines’ at Johnson Tract in Alaska
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has released the latest results from its 2020 drill program at its flagship Johnson Tract (JT) poly-metallic project in Alaska,…
Application for Federal environmental permits denied to Northern Dynasty’s Pebble
Northern Dynasty (TSX: NDM; NYSE: NAK) announced this week that its 100%-owned, U.S.-based subsidiary Pebble Limited Partnership, received formal notification from the U.S. Army Corps…