Eldorado Gold reports declining reserve base
Eldorado Gold (TSX: ELD; Nasdaq: ELD) has reported a 7% year-on-year drop in the reserve base underpinning its four operating mines in Turkey, Greece and Canada to 7.4 million oz….
Metals and Minerals Markets
Geotechnical instability forces Teck to suspend Highland Valley pit ops
Diversified miner Teck Resources (TSX: TECK.B, TECLK.A) temporarily closed the Highland Valley copper mine’s Valley pit on Monday. Teck said in a brief news release the closure was a proactive…
Lake Resources shares dip on another short-seller report
Lake Resources (ASX: LKE) shares fell nearly 3% after short seller J Capital Research released a new report questioning the purported success of the lithium junior’s direct lithium extraction (DLE)…
TNM Drill Down: Top gold assays for the week of Nov. 25. to Dec. 2, 2022
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81. Leading value gainer for…
EPA in ‘regulatory overreach’ with renewed Pebble project veto, says proponent
The U.S. Environmental Protection Agency’s (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK). In…
Global Exploration Snapshot: Eight companies to watch
While the search for new gold deposits across the world never lets up, explorers are picking up the pace seeking out critical minerals. Here’s a glimpse of eight companies exploring for precious and…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive…
Mayfair Gold shares climb on Fenn-Gib drilling
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) shares rose this morning on the latest drill results from the company’s flagship Fenn-Gib project in northeast Ontario, as it works toward a prefeasibility…
Strategic Metals reports high-grade copper, cobalt and gold mineralization in Yukon
Strategic Metals (TSXV: SMD) has announced high-grade results from its Batt property in southwestern Yukon. Its wholly-owned site covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein and fracture hosted,…
Fireweed Metals increases Lundin-backed financing, stock hits 52-week high
Due to strong investor interest, Yukon-focused critical minerals explorer Fireweed Metals‘ (TSXV: FWZ; OTC: FWEDF) says it will increase its previously announced financing to about $35 million. Earlier in the…
Fate of Barrick’s US$7B project in Pakistan to be decided next week
Barrick Gold (NYSE: GOLD; TSX: ABX) will hear next week whether it can proceed with its US$7-billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and…