Aya Gold jumps on new Boumadine drill results
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) reported high-grade assays from its Boumadine polymetallic project in Morocco while extending mineralization. The stock surged. Highlight…
Canada
Marimaca Copper surges on $24M financing
Marimaca Copper (TSX: MARI; ASX: MC2) has surged by double digits after announcing on Wednesday a $24.4-million (US$17.7-million) private placement to fund its feasibility-stage namesake…
South32 tops up American Eagle holding
South32 (ASX: S32), the Australian miner with a A$13.6-billion (US$8.7-billion) market cap, is buying more shares to maintain its stake in American Eagle Gold (TSXV:…
Hudbay pauses Snow Lake mine due to wildfire
Hudbay Minerals (TSX, NYSE: HBM) has temporarily suspended operations at its Snow Lake gold-zinc-copper mine in Manitoba due to surging wildfires and pledged $1 million…
Abu Dhabi’s IRH spends $500M to control Alphamin tin
Abu Dhabi’s International Resources Holding (IRH) is acquiring a majority stake in Alphamin Resources (TSXV: AFM) to access the Bisie tin mine, one of the…
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth…
Interview: Barrick CEO talks slimming gold portfolio
When Barrick Gold took over Randgold in 2019, its marketing dropped Gold from the name to reflect wider interests like copper and appeal to new…
Infographic: Gold and silver producers vs reserves
The ranks of the world’s top precious metal producing countries are subject to change over time, one factor being economically mineable reserves. South Africa, for…
XXIX refocuses Opemiska copper resource in Quebec
XXIX Metal (TSXV: XXIX; US-OTC: QCCUF) downgraded its Opemiska project resource in northern Quebec and said the deposit covers less ground than previously thought. The…
First Quantum faces $20M monthly bill in Panama
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care…
SolGold to quit Toronto exchange, eyes ASX
Ecuador-focused SolGold (LSE, TSX: SOLG) has applied to voluntarily delist its ordinary shares from the Toronto Stock Exchange on June 18 because the amount of…
Teck halts Chile copper mine for one month
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted…