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…
Canada
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…
Mining some tales with… John Burzynski
Every month, The Northern Miner gets to know a different executive in the mining industry by asking them about everything — except mining. This month, we feature John Burzynski, chairman…
Fortuna Silver takes US$90.6M charge on Mexican mine closure
After more than a decade in operations, Fortuna Silver (TSX: FVI; NYSE: FSM) will cease activities at its San José mine in Mexico later this year, earlier than the previously…
PDAC: Faster permitting key to advancing critical mineral projects, panel warns
Governments must help cut permitting and production timelines if Canada is to produce enough minerals to reach net zero goals by 2050, says the CEO of Ring of Fire project…
PDAC 2024: Demand, energy transition tailwinds to elevate copper, say bankers
Copper is a good bet to outperform other major metals over the next year, based on strong market fundamentals, senior Canadian bankers told delegates this week at the world’s largest…
SolGold to invest US$3.2B in Cascabel under deal signed with Ecuador
Shares in Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest US$3.2 billion in its flagship Cascabel copper-gold project and…
Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
PDAC 2024: First Nations manage tricky work of Indigenous consultation on Ring of Fire road
Consultations continue with northern Ontario First Nations who are opposed to mining activity in the remote Ring of Fire region. The Marten Falls and Webequie First Nations are the only…
PDAC 2024: Junior miners see short-selling ‘epidemic’
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules about short-selling could help stem the bleeding in their stocks, which are…