Foran Mining lines up $200M for McIlvenna Bay copper project
Foran Mining (TSX.V: FOM; OTCQX: FMCXF) has inked a preliminary deal for a $200-million investment by the Ontario Teachers’ Pension Plan Board, for the company’s…
Canada
Lower grades at Gibraltar mine dent Taseko Mines results
Canada’s Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) saw its finances shaken in the second quarter of the year due to lower mined grades…
Coeur Mining downgraded on heightened balance sheet risk
Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer…
B2Gold, AngloGold shelve Gramalote gold JV in Colombia
B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a…
Canadian mining star Ned Goodman passes
Canadian miners are mourning the passing of industry heavyweight Ned Goodman (1936-2022). Over more than 30 years, Goodman has made transformative and enduring contributions to…
Imperial Metals’ Mount Polley restart faces budget shortfall; announces $45M financing
Imperial Metals (TSX: III) will secure additional funds for the restart of its Mount Polley mine by way of a convertible debenture financing totalling $45…
Uranium Energy sweetens bid for UEX
U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines’ (TSX: DML) competing bid for Canada’s UEX Corp. (TSX: UEX) after sweetening its original bid….
JV Article: Silvercorp Metals has significant silver production, development, and exploration exposure
Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies…
Hundreds of new mines required to meet 2030 battery metals demand, finds IEA report
Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy…
BeMetals lands US$5M loan from B2Gold
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a…
Turquoise Hill flags US$200M cost increase at Oyu Tolgoi
Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive…
Capex edges higher in Iamgold’s latest update for Cote gold JV
Iamgold (TSX: IAG ; NYSE: IAG) on Wednesday announced another increased estimate of capital expenditures for its 70%-owned Côté gold joint venture in northern Ontario…