Friedland-backed HPX to fast-track Guinea iron ore project
High Power Exploration (HPX) raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea.
News
JV Article: Appia Energy triples exploration budget, doubles drill program at Alces Lake rare earth prospect
Appia Energy (CNSX: API; US-OTC: APAAF) a technology metals company exploring for critical rare earths at its 100%-owned Alces Lake property in Saskatchewan, has begun bench scale monazite processing and…
Osisko Metals reports high zinc, lead grades from Pine Point
Osisko Metals (TSXV:OM) has reported assays for the first four holes drilled as part of an infill and hydrogeological program at the past-producing Pine Point zinc-lead project in the Northwest…
Rio Tinto to recover tellurium from waste at Kennecott mine for solar market
Rio Tinto (NYSE: RIO; LSE: RIO) is investing $2.9 million in a new plant at its Kennecott copper mine in Utah to recover tellurium, a critical mineral used to make…
Is copper the new gold?
One of the key themes that emerged from the 30th BMO Global Metals & Mining conference last week was the desire among many gold and base metal companies to increase…
Matthew Fenton and Maggie Layman named Young Mining Professionals of the Year
The winners of the Young Mining Professionals (YMP) awards this year are Maggie Layman of Osisko Development (TSXV: ODV) and Matthew Fenton of privately held Magris Resources. The YMP awards,…
JV Article: Bluestone’s Cerro Blanco on course to be a multi-million ounce, low-cost gold mine
This past year has been a “challenging but exciting time” for Bluestone Resources (TSXV: BSR; US-OTC; BBSRF), says the company’s CEO Jack Lundin, as the Canadian junior progressed its Cerro Blanco gold…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…
U.S. markets rise, March. 1-5
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10….
TSX posts gain, Mar. 1-5
The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose 1.16% to 106.23. Spot gold…
TSX Venture falls, March 1-5
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10. Shares of New Found Gold climbed 48¢ to $3.93. The company announced assay…
JV Article: Invest Canada North seeks to connect global investors with mining opportunities in Yukon, Northwest Territories and Nunavut
Encompassing an area the size of Europe, the territories that make up Canada’s North have long known the importance of the natural resources sector, most especially mining, as a foundation…