One way or another, energy transition factors into spring elections
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees….
News
New drilling expands near-surface zone flagged for starter pit potential at Solaris Resources’ Warintza in Ecuador
Solaris Resources (TSX: SLS) has reported assay results from six holes aimed at upgrading and growing the resources at its Warintza copper porphyry project in southeastern Ecuador. Highlights from the…
Investors not impressed by Aurelius’ maiden Aureus East resource estimate
Aurelius Minerals (TSXV: AUL; US-OTCQB: AURQF) has released an initial mineral resource estimate on its Aureus East gold project in Nova Scotia, sending its equity to a new 12-month low…
SilverCrest Metals begins commissioning Las Chispas in Mexico
SilverCrest Metals (TSX: SILV; NYSE-AM: SILV) said Thursday it has begun commissioning the processing plant at its Las Chispas gold-silver project in Sonora, Mexico, which is expected to reach commercial…
Galway Metals closes $10.5M bought deal for Canadian exploration
Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…
First Majestic sells La Guitarra silver mine to Sierra Madre in all-share deal
First Majestic Silver (TSX: FR; NYSE: AG) will sell its past producing La Guitarra silver mine, located in the Temascaltepec mining district in Mexico, to Sierra Madre Gold & Silver…
New drill results from Kerkasha project in Eritrea suggest large gold discovery, says Alpha
Alpha Exploration (TSXV: ALEX) has reported drill results from its first campaign on the Aburna gold prospect, part of the company’s Kerkasha project in Eritrea, based on which it expects…
Lithium technology competition heats up as companies seize on new opportunities
Lithium technology companies are jostling for a foot in the door of the rapidly accelerating North American integrated battery metals supply chain, whether becoming a battery precursor material manufacturer or…
Tinka Resources receives $11M boost to advance its ‘globally significant’ Ayawilca zinc-tin project in Peru
Shares of Peru-focused miner Tinka Resources (TSXV: TK) rose 25% in the afternoon on May 25 as the company announced investments worth $11 million from regional mining giants Nexa Resources…
YMP Scholarship Fund grows to $200,000
Applications for the 2022 Young Mining Professionals (YMP) Scholarship Fund are now open for students enrolled this coming September in an Earth Science or Mining Engineering program at a Canadian…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…