Top 20 copper drillers: Andes dominate
The Northern Miner’s list of top 20 copper drill results in this year’s first half reflects the strong exploration momentum in the Andes of Chile and Argentina, as well as…
Articles by Colin McClelland
Higher costs pinch Indonesian nickel producers
A persistent nickel ore shortage in Indonesia is raising costs for producers even as a wider global surplus in the refined metal caps prices, according to a market summary this…
AI demand seen pushing copper price longer term
The copper price faces short-term headwinds from trade wars and weakening United States consumption, but longer-term demand from artificial intelligence and grid electrification is set to overwhelm supply, Red Cloud…
Agnico sells out of Orla for $560M
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest gold miner by output and market value, has sold its 11% stake in Orla Mining (TSX: OLA; NYSE: ORLA) for nearly $561 million…
New Found Gold buys Maritime for $292M
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is acquiring Maritime Resources (TSXV: MAE) in a deal valued at about $292 million (US$212 million) that would create a multi-asset gold producer…
Sweden to ditch uranium ban, unleashing giant projects
Sweden plans to remove a ban on mining uranium Jan. 1, boosting projects by District Metals (TSX-V: DMX; Nasdaq: DMXSE SDB; US-OTC: DMXCF) and Aura Energy (LSE: AURA; ASX: AEE),…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
The first Treasure Hunt clue
Welcome to The Great Canadian Treasure Hunt — your journey into the unknown begins now. You’ve just taken your first step down a trail rich with clues, history and the…
Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
First Nations buy BC port serving Newmont mines
Two First Nations groups have partnered with a trucking company to buy a bulk terminal port near British Columbia’s border with Alaska serving Newmont’s (TSX: NGT; NYSE: NEM) Brucejack and…
Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
Troilus, Torngat ink offtakes on Carney’s German mission
Troilus Gold (TSX: TLG; US-OTC: CHXMF), which is developing a $1.1-billion (US$800-million) capex brownfield mine project in Quebec, has signed a preliminary copper offtake agreement with a German smelter during Prime…