Ivanhoe Electric shares fall in debut after US$169M IPO
Shares in Ivanhoe Electric (TSX: IE; NYSE-AM), the latest endeavour of mining magnate Robert Friedland, were falling on their trading debut on Tuesday morning after the company raised as much…
Canada
Teck tests carbon capture use and storage in British Columbia
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has set a carbon capture utilization and storage (CCUS) pilot project at its metallurgical complex in southern British Columbia. The CCUS plant, which…
MAC poll shows public support at all-time high for Canada’s miners
The Mining Association of Canada (MAC) released a new national poll that for the first time finds high levels of support for Canadian mining. The shift indicated increased understanding on…
Canada Nickel confirms discovery at Reid, drilling 354 metres of 0.24% nickel
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has received results from drilling at the Reid property in Ontario, where two holes were recently completed as part of its regional exploration…
Evolution Mining drags Aussie gold peers down after downgrade
Shares in Australian gold producer Evolution Mining (US-OTC: CAHPH; ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a…
Video: Douglas Silver on Canada’s importance to the global mining industry
Canada has unique strengths as a mining nation, including a large land base with a “vast diversity” in its mineral endowment, access to the U.S. market, and a long and…
Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Construction, first gold gold pour delayed at Premier as Ascot seeks financing
The first gold pour at Ascot Resources’ (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues. On Thursday,…
1911 Gold begins tailings reprocessing at True North complex in Manitoba
1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical…
PDAC showed industry eager to return to ‘normal’
A few things were top of mind for delegates as they converged on the Metro Toronto Convention Centre June 13-15 for the first in-person Prospectors and Developers Association of Canada…
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
Hudbay marks end of Flin Flon mining era with closure of 777 operations
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the…