Iamgold boosts contained gold at Ontario’s Côté mine
A resource update for Iamgold’s (TSX: IMG; NYSE: IAG) main Côté operation in northeastern Ontario lifts contained gold by 12% through the integration of the nearby Gosselin zone. Measured and…
Canada
Cameco pays $115M to boost Cigar Lake interest
Cameco (TSX: CCO; NYSE: CCJ) has lifted its ownership of the Cigar Lake mine in northern Saskatchewan after buying out Japan’s TEPCO Resources’ joint venture interest together with Orano in…
Pan American approves $146M Timmins expansion
Pan American Silver (TSX, NYSE: PAAS) has approved the first phase of a major expansion of its operations in Ontario, committing about $146 million (C$201 million) to deepen the Bell Creek…
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
Glencore, Gentile back historical Irish region project sporting 3.3% zinc, 10% lead
New drilling by Glencore-backed (LSE: GLEN) Group Eleven Resources (TSXV: ZNG; US-OTC: GRLVF) at the PG West project in Ireland has expanded the property’s high-grade zinc-lead-silver mineralization, the company said….
Copper prices must rise as supply crunch looms: Giustra
Copper prices will need to rise sharply as miners struggle to build enough new supply to meet demand from electrification, artificial intelligence and grid expansion, mining financier Frank Giustra says….
Gold bug Sprott invests $25M in hydrogen
MAX Power Mining (CSE: MAXX; US-OTC: MAXXF) has secured a $25-million investment from Eric Sprott to advance commercial evaluation of its Lawson hydrogen discovery in Saskatchewan, marking one of the…
Deep Sea Minerals to list on Nasdaq
Deep Sea Minerals (CSE: SEAS; US-OTC: DSEAF) said it intends to list on Nasdaq exchange as part of its long-term growth strategy to secure a more diversified investor base. The…
Rio starts $1.5B expansion of Quebec aluminium smelter
Rio Tinto (NYSE, LSE, ASX: RIO) has begun a $1.5 billion (C$2.1 billion) expansion of its AP60 low-carbon aluminium smelter in Quebec. The project advances the company’s push to supply…
Bunker Hill graduates to TSX
Investors and Bunker Hill Mining (TSX: BNKR; US-OTC: BHLL) management celebrated the company’s graduation to the TSX main board this month at the TMX Group’s Market Centre in Toronto. With…
Canada fines ArcelorMittal most ever, $100M for Quebec water pollution
The Canadian mining unit of steelmaker ArcelorMittal (NYSE: MT) has been fined $100 million (US$72.5 million), the most ever by Ottawa, for polluting waterways in Quebec. The Court of Quebec…
Q&A: Treasure Hunt winners talk strategy
Two brothers separated by 4,000 km have found six 6-oz. gold pieces in British Columbia’s Golden Triangle after months spent decoding clues in The Northern Miner’s Great Canadian Treasure Hunt. Jason…