Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
Zinc and Lead
Foran Mining launches $200M private placement
Foran Mining (TSX: FOM; US-OTC: FMCXF) plans to raise $200 million through a private placement to support the exploration and development of its projects in Saskatchewan. The offering includes up…
Ivanhoe to start copper exploration in Angola
Ivanhoe Mines (TSX: IVN), founded by billionaire Robert Friedland, plans to begin exploring Angola early next year for copper after securing rights over an area the size of Switzerland. The…
Silvercorp Metals sweetens offer for Tanzania-focused OreCorp
Silvercorp Metals (TSX: SVM; NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million (US$13 million). The improved…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
JV Video: Group Eleven Resources drills for ESG-friendly zinc in Ireland
Strong drill results are convincing Group Eleven Resources’ (TSXV: ZNG) CEO Bart Jaworski that the company’s on its way to finding the Republic of Ireland’s next big zinc mine. As…
JV Video: Fireweed Metals advances Macmillan Pass, Mactung in Yukon
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) is planning a resource update early next year on its Macmillan Pass zinc-lead-silver project in the Yukon, CEO Brandon Macdonald says. Next door along the…
US DOI draft study poses further setback for Alaska’s Ambler road project
The proposed 211-mile transportation corridor for accessing untouched mineral deposits in northwestern Alaska, also known as the Ambler road project, will likely cause harm to wildlife and disruptions to local…
Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
Strike at Newmont’s Peñasquito ends with 8% raise
Workers at Peñasquito, Mexico’s largest gold mine, accepted a proposal from operator Newmont (NYSE: NEM; TSX: NGT) late on Thursday, ending a four-month-long strike that cost the miner millions of dollars…
Buenaventura suspends Peru mine on permitting delays
Buenaventura (NYSE: BVN), Peru’s top publicly traded precious-metals producer, has halted its Colquijirca’s Tajo Norte zinc-lead-silver mine for up to three years due to permitting delays. The approval of a modified…
Canadian Copper adds to Murray Brook resource ahead of PEA
Canadian Copper (CSE: CCI) has released a new resource estimate for its Murray Brook copper-zinc project near Bathurst, N.B. The company took a majority stake in Murray Brook earlier this…