Strong demand to boost aluminum price, despite surplus this year: Fitch
Aluminum prices are expected to stay elevated this year owing to a tightening market balance on the back of strong growth in global demand outpacing supply, says BMI, a unit…
Canada
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
Osisko Metals shares rise on Gaspé copper resource boost
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gaspé copper project, near Murdochville, Que., that increases contained copper-equivalent pounds by…
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at eight projects in Africa, Eastern…
Union files complaint against Orla Mining, alleging violation of worker rights in Mexico
The United Steelworkers union (USW) has filed a complaint against Orla Mining (TSX: ORLA NYSE: ORLA) over alleged violations of workers’ rights at the Camino Rojo gold and silver mine…
B2Gold hits bonanza gold at Goose; eyes extended mine life in Nunavut
Drill results from B2Gold’s (TSX: BTO; NYSE: BTG) Goose project in Nunavut, which is under construction and expected to yield first gold next year, may point to a longer mine…
Abitibi Metals boosts resource by 62% at B26 polymetallic deposit in Quebec
Indicated resources increased by 62% to 11.3 million tonnes from 6.9 Mt.
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Newcore cuts best gold grades yet at Enchi project in Ghana
Drilling at Newcore Gold’s (TSXV: NCAU, US-OTC: NCAUF) Enchi project in Ghana has returned the highest-grade gold intercepts in its 10-year history, the company said Wednesday. Hole KBRC301 cut 1…
Troilus signs LOI for US$500M German loan guarantee for Quebec copper-gold project
The loan is contingent upon Troilus signing an off-take agreement with Aurubis.
Amex posts ‘exceptional’ PEA for Perron gold project in Quebec
Amex Exploration (TSXV: AMX: US-OTC: AMXEF) stock jumped as much as 25¢ or 21% in trading this morning after posting what it called an ‘exceptional’ preliminary economic assessment (PEA) for…
US government to assist Aclara with location study for new facility
Canada’s Aclara Resources (TSX: ARA) announced on Wednesday a collaboration with the U.S. Department of Commerce’s International Trade Administration to find the best location for its planned rare earth separation…