SolGold’s Ecuador copper project grows
SolGold’s (TSX: SOLG; LSE: SOLG) Cascabel copper-gold asset in Ecuador received a boost on Tuesday after a long-awaited third resource update for Alpala, the project’s…
Mining
Freeport ramps up security after attack kills employee near Grasberg mine
Freeport-McMoRan (NYSE: FCX) confirmed that one employee was killed and another employee and contractor were seriously injured in a shooting in Papua, Indonesia, near the…
Brazil shuts 47 mining dams deemed unsafe
Brazil has ordered the immediate closure of 47 mining dams that failed to certify their stability, with more than half of them belonging to Vale…
Luminex grows Condor with new Camp resource
Luminex Resources (TSXV: LR) has unveiled a maiden resource for its Camp deposit, part of its Condor project in southeastern Ecuador, of 11.9 million inferred…
Glencore defers decision on dividend
Glencore (LON: GLEN) is postponing a decision on whether to proceed with a cash dividend of 20¢ per share totalling US$2.6 billion in 2020 due…
Raymond James lowers metals forecasts for 2020
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is…
Argonaut Gold to merge with Alio Gold in all-share deal
Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a…
Trevali suspends Caribou mine in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) has temporarily suspended operations at its Caribou mine near Bathurst, New Brunswick. The company noted that the global zinc…
Mine disruptions escalate as virus rips around globe
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact…
DynaCERT says new technology can lower diesel emissions
DynaCERT (TSX: DYA), a Toronto-based company, has developed a technology called HydraGEN that could significantly reduce emissions by improving the performance and fuel efficiency of…
Coronavirus threatens Codelco’s status as top copper miner
Chile’s copper miner Codelco may not regain its position as the world’s top producer of the red metal this year, as delays in upgrades and…
Gold price rockets to seven-year high
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scrambled for hard assets on the back of COVID-19 closures of mines…