TSX Venture drops, Feb. 17-21: K92, Great Bear, New Pacific, Novo Resources
The S&P/TSX Venture Composite Index fell 2.14% to 582.67 and gold finished the week at US$1,643.00 per oz., up US$59.40 per ounce. Drill results from…
South America
Newmont, Teck to invest US$152M in Chilean copper-gold project
Newmont Mining (TSX: NGT; NYSE: NEM) and Teck Resources (TSX: TCK.B; NYSE:TCK) are injecting new life into their NuevaUnión 50-50 joint venture in Chile by…
Orocobre to acquire Advantage Lithium in all-share deal
Orocobre (TSX: ORL; ASX: ORL) owns 34.7% of Advantage Lithium’s (TSXV: AAL; US-OTC: AVLIF) common shares and the two companies are joint-venture partners on the…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid…
Bluestone secures US$30M, names Jack Lundin CEO
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has entered into a US$30 million credit facility led by the French financial services firm Natixis. “We were very…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead…
Royalty dispute dogs Fortuna Silver in Mexico
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is contesting demands for a 3% royalty of the billing value of minerals obtained from the concession hosting…
Equinox-Leagold merger creates US$1.75B gold miner
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold…
Uranium snapshot: Energetic juniors with attractive assets
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for…
Editorial: Sustainability tops discussions at Davos
In December, Time named Swedish climate activist Greta Thunberg its person of the year — the youngest person ever awarded the accolade in the magazine’s…
TSX Venture dips, Jan. 20-24: Abitibi Royalties, New Pacific, Camino, K92
The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce. Abitibi Royalties posted the…