Chalice reduces board, costs amid nickel slump
Australia’s Chalice Mining (ASX: CHN) is the latest nickel player forced to cut costs amid a sharp decline in the metal’s price. Chalice announced a series of measures on Friday…
Metals and Minerals Markets
Feds end Canada’s rail strike
Ottawa has stepped in to end a rare strike halting both of Canada’s major railways less than a day after it began. Labour Minister Steve MacKinnon on Thursday afternoon ordered…
Collective Mining fuses gold deposits into larger system at Guayabales in Colombia
Collective Mining (NYSE: CNL; TSX: CNL) says new drill results connect its Apollo and nearby Olympus deposits at the Guayabales project in Colombia, creating a mineralized system spanning about 1,000…
Video: Aurania pivots from Ecuador to Europe
Aurania Resources (TSXV: ARU; US-OTC: AUIF), led by a key member of the Aurelian Resources team that discovered the rich Fruta del Norte gold mine in Ecuador, is turning away…
Warintza drill results lift Solaris shares
Solaris Resources (TSX: SLS; NYSE: SLSR) shares gained about 6.4% to $3.16 on Thursday after new drill results extended high-grade copper at its Warintza project in southeastern Ecuador. One highlight…
Video: EMX Royalty touts record cash flows as portfolio matures
EMX Royalty (TSXV: EMX; NYSE-AM: EMX) has changed from prospect generator to cash generator, reporting a record US$37 million in revenue last year, CEO David Cole says. This growth is…
Video: World Gold Council sees market uncertainty raising metal’s price
Despite gold’s strong performance in the year’s first half, Western investors largely remained on the sidelines, Joe Cavatoni, senior market strategist for the World Gold Council, said in an interview….
Arizona Sonoran Copper PEA quadruples Cactus project’s net present value
Company shares jumped 35% Thursday after a new preliminary economic assessment envisioning Arizona Sonoran Copper’s (TSX: ASCU; US-OTC: ASCUF) Cactus project as a standalone open-pit mine raised the net present…
Video: Uranium Royalty taps market rebound
Rising demand for nuclear energy has brought back uranium from a decade-long slump, creating ideal conditions for early-stage projects to increase their value, Uranium Royalty (TSXV: URC; NASDAQ: UROY) CEO…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Video: Cosa Resources targets discovery in untapped uranium corridor
Cosa Resources (TSXV: COSA; US-OTC: COSAF) plans on hitting a home run at the Ursa project, set in one of the last underexplored regions of the Athabasca Basin, CEO Keith…
Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta
At a time when most copper projects are struggling with soaring capital costs, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide project in Chile’s Atacama Desert to break the mould…