Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT Vale) to align with Indonesian…
Metals and Minerals Markets
Minaurum’s ‘drill to kill’ plan expected to pay off at Alamos Silver in Mexico
Minaurum Gold (TSXV: MGG; US-OTC: MMRGF) is planning to put together a first resource next year at the Alamos Silver project in Mexico, the company said in an early November…
Hudbay to release more realistic Copper Mountain plan
Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly…
Exterra champions carbon-negative mining with CO2-seizing tech
Exterra Carbon Solutions (ECS) aims to give miners a sustainability shot by converting process waste and carbon dioxide (CO2) emissions into stable, inert minerals, simultaneously mitigating environmental footprints, rehabilitating mine…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Panama bans all future mining projects, sends First Quantum contract to court
Panama legislators approved a bill on Thursday that blocks all future mining concessions including exploration, extraction and transportation of minerals as well as contract renewals in the Central American country. The…
Lundin drilling signals strong resource growth ahead at Fruta del Norte
Lundin Gold (TSX: LUG) released a fresh set of drill results from its Fruta del Norte (FDN) gold mine in southeast Ecuador on Thursday suggesting significant resource growth potential for…
CMS: Streaming could jump-start critical mineral finance, Smallwood says
The metals streaming finance model pioneered by Wheaton Precious Metals (TSX: WPM; NYSE: WPM) could be ideal for early-stage critical mineral developers to shore up their treasuries in difficult markets,…
Idris Elba film a gold-infused global adventure through culture, history and industry
Actor Idris Elba takes audiences on a global journey about gold in a new documentary from the World Gold Council, Gold: A Story of Beauty, Power, and Transformation. Premiered on…
Sibanye-Stillwater shake-up puts more than 4,000 jobs at risk
Precious metals producer Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) said a planned restructuring could see it shut down four loss-making platinum group metal (PGM) mines in South Africa, resulting in the…
TNM Drill Down: Snowline’s Rogue delivers best assays of the week
Our TNM Drill Down features highlights of the top gold assays of the past week (Oct. 13-20). Drill holes are ranked by gold grade x width, as identified by data…
Video: Frank Giustra talks junior exploration and macro money matters
Frank Giustra stands out in a fast-evolving world where many chase the allure of tech stocks and cryptocurrency. The seasoned entrepreneur, philanthropist, and CEO of Fiore Group sounded the alarm…