Alamos delays Island Gold shaft as costs rise
Alamos Gold (TSX: AGI; NYSE: AGI) has pushed back its Island Gold shaft expansion by about a quarter and flagged higher construction costs, delaying a key source of production growth…
Gold
Two workers die after Kinross Gold accidents
Two employees of the same contractor died following separate accidents on Sept. 3 at Kinross Gold’s (TSX: K; NYSE: KGC) Bald Mountain gold mine in Nevada, according to preliminary U.S….
World Bank lifts copper price outlook by 18%
Copper prices are set to stay near record highs next year as new mines struggle to keep pace with demand from power grids and data centres, the World Bank forecasts….
Gold dip draws Asian buyers as North American funds lose cash
Lower gold prices are lifting Indian bullion premiums and Chinese trading activity as North American investors withdraw money from gold funds, BMO Capital Markets said in its latest Precious Metals…
Freeport trims copper sales outlook as Grasberg recovery advances
Freeport-McMoRan (NYSE: FCX) cut its copper sales forecasts for this year and next while reaffirming the recovery timetable for its Grasberg operation in Indonesia. Consolidated copper sales are projected to…
Nova wins final approvals for Alaska antimony project
Nova Minerals (NYSE-A: NVA; ASX: NVA) has received final Alaska approvals for its antimony project, clearing the way for construction as it targets initial production in 2027. The Alaska Department…
Mule Canyon gold resource advances restart plans
Privately held Central Nevada Gold has outlined an initial gold resource at Mule Canyon in Nevada as it works towards a construction decision in 2028 on restarting the former open-pit…
Mining Forum video: Hodaly sees record deal opportunities for Wheaton
Wheaton Precious Metals (TSX, NYSE, LSE: WPM) expects to repay its debt and have $4 billion (C$5.6 billion) available for new deals by the end of next year, President and…
Iamgold drilling strengthens Nelligan growth case
New drilling by Iamgold (TSX: IMG; NYSE: IAG) has extended gold mineralization at its Nelligan complex in Quebec, strengthening a development project that could provide another source of Canadian growth…
Western Copper CEO exits as Casino review advances
Western Copper and Gold (TSX, NYSE-A: WRN) said CEO Sandeep Singh will leave the company this week, handing leadership to chairman Mark E. Smith as the developer advances its Casino…
Gold miners trade at discount after selloff: Haywood
Senior gold miners are trading almost a quarter below their five-year average valuation despite strong cash flow, as a selloff in precious metals shares extends into the fourth quarter, Haywood…
Labour shortage hurts West Red Lake Gold output
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) reduced its annual production target by about a quarter as labour shortages and difficult mining slowed its Madsen gold operation in…