Decarbonization plays the metals fiddle in 2022
The recent 26th edition of the Conference of the Parties (COP26) brought about renewed vigour to phase down carbon dioxide emissions across the globe. Still, to get there, the mining…
Gold
Kinross’ Great Bear acquisition ‘credit negative’ says Moody’s
The US$1.4 billion acquisition of Great Bear Resources (TSX: GBR) by Kinross Gold Corp (TSX: K; NYSE: KGC) is credit negative for Kinross, credit ratings agency Moody’s Investors Service said…
Rio Tinto to write off US$2.3B Oyu Tolgoi loan to Mongolia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will cancel a US$2.3 billion debt owed by Mongolia as part of the government’s share of the development costs for the giant…
JV Article: QuestEx Gold & Copper is exploring for world-class projects in BC
Canadian explorer QuestEx Gold & Copper (TSXV: QEX; US-OTC: CLASF) holds approximately 110,000 hectares of mineral tenures that host precious and base metals projects in the Golden Triangle and Toodoggone areas…
JV Article: Equity Metals hits bonanza-grade silver at Silver Queen in BC
Canadian explorer Equity Metals (TSXV: EQTY; US-OTC: EQMEF) owns precious-base metal and diamond projects in British Columbia and the Northwest Territories. The Vancouver-headquartered junior is focused on advancing its 100%-owned flagship Silver…
TSX Venture moves higher, Dec. 6-10
The S&P/TSX Venture Composite Index rose 1.32% or 11.86 points to 908.99. Spot gold gained US30¢ to finish the trading week at US$1,782.90 per ounce. Shares of Sigma Lithium climbed…
US markets climb, Dec. 6-10
The Dow Jones Industrial Average rose 4.02% or 13,909.91 points to 35,970.99 and the S&P 500 increased 3.82% or 173.59 points to 4,712.02. Spot gold ended the week at US$1,782.90…
TSX rises, Dec. 6-10
The S&P/TSX Composite Index climbed 1.25% or 257.3 points to finish the Dec. 6-10 trading week at 20,890.60 points. The S&P/TSX Global Mining Index rose 1.62% to 98.52 and the…
Improved interest in gold among US investors: BMO
In a “significant” shift in sentiment in the United States this week, investors appeared to be more interested in gold, according to BMO Capital Markets’ mining analyst Jackie Przybylowski. The…
Kinross Gold to acquire Great Bear Resources for $1.8B
Gold miner Kinross Gold (TSX: K; NYSE: KGC) is acquiring junior explorer Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) for $1.8 billion (US$1.4 billion) in order to get its hands…
Otso Gold CEO detained in Finland on suspicion of fraud
A former CEO of Otso Gold (TSXV: OTSO), Brian Wesson, has been detained in Finland and remains in pre-trial custody under criminal suspicion of aggravated embezzlement and payment fraud, the…
Serabi Gold’s Coringa project in Brazil hit by court ruling
Shares in Serabi Gold (TSX: SBI; LSE: SRB) fell today after a Brazilian judge ruled that no future licenses or titles should be granted to the company until it is proven…