Editorial: Mining-powered rockets vs dockets
As we look in the waning days of summer to the United States’ Southwest in this edition, it strikes us that there’s been a staggering number of days that only…
Articles by Colin McClelland
Ganfeng Lithium cuts spending as consumers ease off the pedal for EVs
China’s Ganfeng Lithium, one of the world’s largest producers of the battery metal, says it will delay spending on projects that don’t generate “significant near-term returns” after reporting a first-half loss…
India’s rallying jewelry trade helps sustain gold price
Retail gold demand for jewelry in India is rebounding despite record prices for the metal this year, according to BMO Capital Markets. The country lowered import duties on gold and…
Oroco boosts economics at Santo Tomas copper project in Mexico to lead peers
Oroco Resource (TSXV: OCO; US-OTC: ORRCF) says a new study makes its Santo Tomas copper project in western Mexico one of the world’s most capital-efficient by hiking its value 23% while…
Heavy rains to threaten 25% of world’s copper projects by 2050
Copper extraction is crucial to the energy transition, but a quarter of sites mining the metal face a rising threat from the impacts of climate change by mid-century, according to…
Victoria Gold CEO McConnell axed
Victoria Gold (TSXV: VGCX) CEO John McConnell has lost his job, the CBC reports. PricewaterhouseCoopers, the firm handling Victoria’s Eagle mine in the Yukon after it was forced into receivership…
TNM Drill Down: Dundee in Serbia tops gold assays for year to date
The Northern Miner has compiled the top 10 drill results year-to-date for major metals, including gold. Here, we present the best gold assays for the year to July 31. Drill…
TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …
Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
First Majestic discovers gold-silver veins at Ermitaño in Mexico
First Majestic Silver (TSX: AG; NYSE: AG) says it’s found a new gold and silver mineralized system it’s calling Navidad next to its Ermitaño mine in Mexico. Drill result highlights…