US markets fall during the Jan. 10-14 trading week
The Dow Jones Industrial Average fell 319.85 points or 0.88% to 35,911.81 and the S&P 500 dropped 14.18 points or 0.30% to 4,662.85. Spot gold climbed US$21.10 per oz. or…
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TSX Venture falls during the Jan 10-14 trading week
The S&P/TSX Venture Exchange fell 8.47 points or 0.93% to 902.99. Spot gold rose US$21.10 per oz. or 1.17% to US$1,818.10 per ounce. Shares of Nouveau Monde Graphite rose 99¢ to $10.47. The company appointed Bernard…
First Quantum could face higher tax and royalty payments in Panama
First Quantum Minerals (TSX: FM) may have to pay more tax and an annual royalty payment that is eight times higher than the current one for their Cobre Panama copper mine in Panama as the company continues to negotiate a new contract…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
Equinox Gold meets guidance with 602,100 oz. in 2021
Equinox Gold (TSX: EQX; NYSE: EQX) produced a record amount of gold – 602,100 oz. – last year, easily meeting guidance and delivering 26% more ounces than in 2020. All-in…
Endeavour Silver to buy SSR’s Pitarrilla project in Mexico for US$70M
Endeavour Silver (TSX: EDR; NYSE: EXK) is acquiring SSR Mining’s (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Pitarrilla silver-lead-zinc project in northern Mexico in a cash and share deal valued at US$70 million. The transaction is…
NextSource shares storm ahead on successful Molo graphite plant testing
The Toronto-quoted equity of Sir Mick Davis-backed graphite mine developer NextSource Materials Inc. (TSX: NEXT; US-OTC: NSRCF) continues to climb after the company announced successful factory acceptance testing this week…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
Bedford report lists mining’s top paid executives and directors
Toronto-based Bedford Group/TRANSEARCH has released its 2021 report on executive and board compensation in the mining industry. The firm collected data for the 2020 year-end from 276 mining companies between…
Talon Metals to supply nickel to Tesla from Tamarack project in Minnesota
Talon Metals (TSX: TLO) has signed a deal with electric vehicle maker Tesla to provide 75,000 tonnes of nickel in concentrate over a six year period from the Tamarack nickel-copper-cobalt…
GoldMining releases PEA for La Mina in Colombia
GoldMining (TSX: GOLD; NYSE: GLDG) has released a preliminary economic assessment for its La Mina project in Antioquia, Colombia. The project is expected to produce over 1 million gold-equivalent oz. over a…