New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
Canada
Snowline Gold soars by enticing investors with near-record Yukon drill results on Rogue project
Dawson City, Yukon — Shares in Yukon-focused Snowline Gold (TSXV: SGD; US-OTC: SNWGF) have rocketed 90% year-to-date with analysts saying another discovery this month at its Rogue project makes it…
Ramaco shares dive as coal outlook softens, board okays rare earths buildout
U.S.-based coal miner Ramaco Resources (NASDAQ: METC) saw its stock price fall over 13% on Wednesday amid lower sales expectations due to higher production costs in the coming months. That…
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
Site visit: Will Rio Tinto bet more on Western Copper and Gold’s Casino project in Yukon?
Near Carmacks, Yukon — Decision time for Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) $3.6 billion Casino project in remote Yukon looms less than four months away. Rio Tinto…
Nunavut copper finds send Aston Bay Holdings shares jumping
Shares in Australian-Canadian exploration partners American West Metals (ASX: AW1) and Aston Bay Holdings (TSXV: BAY) shot to 12-month highs on Tuesday after announcing a major copper discovery at the…
How chilly relations with China are playing out for Canada’s miners
As the world’s largest metal consumer, the second largest economy in the world, and the largest funder of overseas metal projects, China’s impact on the mining business globally cannot be…
TNM Drill Down: Musgrave hits bonanza grades at Cue
Our TNM Drill Down features highlights of the top gold assays from July 28 to Aug. 4. Drill holes are ranked by gold grade x width, as identified by our…
Lundin’s Fruta del Norte drilling could ‘open doors’ to resource growth
Lundin Gold’s (TSX: LUG) largest drill program since 2007 in the Fruta del Norte (FDN) district in southeast Ecuador has confirmed the continuity and expansion potential of recent discoveries Bonza…
Nutrien freezes potash output ramp up, US ammonia project on weak market
Nutrien (TSX: NTR; NYSE: NTR), the world’s largest potash producer, is indefinitely pausing plans for ramping-up output and will also halt work on its clean ammonia project at Geismar, La.,…
Capstone Copper building copper-cobalt district in Chile
By integrating its Mantoverde and Santo Domingo mines it expects to churn out 200,000 tonnes of copper and 6,000 tonnes of battery-grade cobalt a year.
Alamos feasibility reveals big reserves increase, capex required
An updated feasibility study on Alamos Gold’s (TSX: AGI; NYSE; AGI) Lynn Lake project in Manitoba, Wednesday showed a big increase in reserves, but also a big increase in expected…