Troilus signs LOI for US$500M German loan guarantee for Quebec copper-gold project
The loan is contingent upon Troilus signing an off-take agreement with Aurubis.
Gold
Amex posts ‘exceptional’ PEA for Perron gold project in Quebec
Amex Exploration (TSXV: AMX: US-OTC: AMXEF) stock jumped as much as 25¢ or 21% in trading this morning after posting what it called an ‘exceptional’…
Fresnillo-Peñoles silver deal hit by issues at Sabinas mine
Precious metals miner Fresnillo (LSE: FRES) warned on Tuesday that it’s facing challenges meeting its long-standing silver production agreement with Mexico’s Industrias Peñoles due to…
Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO…
Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at…
Ascot seeks TSX exemption for $52M financing to revive Premier
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it’s applied to the Toronto Stock Exchange for a financial hardship exemption with respect to its recently…
How oil and gas will fare in the Trump era
Trump is back, and the threat of tariffs looms large over China’s economy. On Wednesday, base and precious metal prices took a dive. Resource markets…
Ross Beaty to receive TNM’s lifetime achievement award
Ross Beaty flipped the laptop around and pointed its camera to the sea. “That’s a whale-watching boat,” the veteran mining entrepreneur said from Bowen Island…
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demand consent
The Xatśūll First Nation may sue the British Columbia government and Osisko Development (TSXV: ODV; NYSE: ODV) if its concerns aren’t addressed in the permitting…
Regis Resources sues Australian minister over blocked gold mine
Regis Resources (ASX: RRL) has initiated legal proceedings to overturn a federal minister’s decision that halted its US$1-billion McPhillamys gold and silver project in New…
Barrick CEO expects deal with Mali on new mining code by year-end
Sources cited by Reuters report that Mali is seeking around $500m in unpaid taxes from Barrick.
Aldebaran soars to new high as it teams up with Rio Tinto’s Nuton at Altar
Aldebaran Resources (TSXV: ALDE, US-OTC: ADBRF) shares climbed to an all-time high of $1.98 following news that it’s teaming up with Nuton, Rio Tinto‘s (NYSE:…