TNM Drill Down: Southern Cross hits best Sunday Creek gold yet
Our TNM Drill Down features highlights of the best gold assays from the March 1-8 period. Drill holes are ranked by gold grade x width as identified by data company Mining…
Canada
NexGen makes new uranium discovery 3.5 km from Arrow deposit
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has made a new greenfield uranium discovery at its SW2 property in Saskatchewan, 3.5 km east of its Arrow deposit, currently in…
Limited refining capacity in Canada an obstacle for net zero mining: KPMG
Less than a quarter have formally committed to achieving all scope-related carbon emission reductions by 2050.
Exclusive: Barrick CEO Bristow drives another U-turn in a remote land
Barrick Gold (TSX: ABX; NYSE: GOLD), the second-biggest gold miner by market value, this month poured its first gold in Papua New Guinea in nearly four years as CEO Mark…
Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV
Rupert Resources (TSX: RUP) is in discussions to buy B2Gold‘s (TSX: BTO) 70% interest in a gold JV it holds in northern Finland’s Central Lapland greenstone belt with Aurion Resources (TSXV:…
JV Article: Tax tsunami may destroy Canadian resource exploration financing, PearTree warns
Investments of more than $300 million in mineral exploration will be lost in 2024 and in all future years if Ottawa goes through with its new alternative minimum tax (AMT)…
Lithium prices and equities to rise from bottom by July, Canaccord Genuity says
Prices for lithium and the stocks of companies trying to mine it are poised to rebound by July although they’re unlikely to resume the boom times of two years ago,…
AME slams BC’s approach on Mineral Tenure Act overhaul
British Columbia’s mining sector is being sidelined in the province’s push to overhaul regulations around mineral claims, the Association for Mineral Exploration (AME) says. In the court-mandated overhaul of the…
Taseko targets 2025 for first copper output at Florence
Taseko Mines (TSX: TKO; NYSE: TGB) expects first production from its fully permitted Florence copper project in Arizona in the fourth quarter of 2025. The company said it’s moving forward…
PDAC 2024: Some junior miners must die so others may live, panel says
Canada’s once-mighty junior mining sector crumbled after governments squeezed the middle class and let multinationals buy the country’s big miners, a panel of finance experts told mining’s biggest conference this…
BC restricts mineral claims, mining in two First Nations territories
British Columbia has placed restrictions on mineral claim registrations and mining activities in two First Nation territories that successfully challenged the province’s Mineral Tenure Act in court, forcing B.C. to…
Perseus extends bid for Tanzania gold developer OreCorp to April
Australia’s Perseus Mining (TSX: PRU; ASX: PRU) isn’t giving up on its plans to acquire African gold developer OreCorp (ASX: ORR), releasing on Friday a second supplementary bidder’s statement that…