B2Gold hits bonanza gold at Goose; eyes extended mine life in Nunavut
Drill results from B2Gold’s (TSX: BTO; NYSE: BTG) Goose project in Nunavut, which is under construction and expected to yield first gold next year, may point to a longer mine…
Metals and Minerals Markets
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Newcore cuts best gold grades yet at Enchi project in Ghana
Drilling at Newcore Gold’s (TSXV: NCAU, US-OTC: NCAUF) Enchi project in Ghana has returned the highest-grade gold intercepts in its 10-year history, the company said Wednesday. Hole KBRC301 cut 1…
Mineral Resources halts Bald Hill mine in Australia amid lithium price rout
Mineral Resources (ASX: MIN), which is rallying from a governance probe involving its founder and former CEO Chris Ellison, will shut its Bald Hill lithium mine in Western Australia immediately due…
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 process for the Cariboo gold…
Teck’s Amparo Cornejo named TNM’s first Operator of the Year
Amparo Cornejo, chief sustainability officer at Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), has been named The Northern Miner’s first Operator of the Year. The honour, which will be awarded…
American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update
The last batch of drill results from American Pacific Mining’s (CSE: USGD; US-OTC: USGDF) Palmer copper-zinc project in southeast Alaska returned broad copper and zinc intercepts, finding the deposit’s high-grade…
Red Canyon drilling confirms Kendal copper-moly discovery in BC
Shares in Red Canyon Resources (CSE: REDC; US-OTC: REDRF) increased by almost 15%, or 2.5¢, on Tuesday after confirming a copper-molybdenum discovery from drilling on its Kendal project in British…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
Kodiak Copper defers MPD resource in BC to show ‘full potential,’ chairman says
Kodiak Copper (TSX-V: KDK, OTCQB: KDKCF) is delaying the release of an initial resource for its MPD copper-gold project in British Columbia until it achieves a “significant outcome,” chairman Chris…
Ivanhoe cuts copper forecast on DRC power woes, while Friedland touts new discoveries
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) on Wednesday reported record third-quarter copper production but cut its full-year guidance by 6%, blaming power outages at its Kamoa-Kakula complex in the Democratic…
Compass Gold signs mill deal to tap Tarabala deposit in Mali within months
Shares in Compass Gold (TSXV: CVB) doubled on Tuesday after Malian business group SMAT agreed to toll-treat ore from its Tarabala deposit within five months, as the company awaits its…