Washington seeks Thacker Pass stake
The Trump administration now wants an initial 5-10% equity stake in Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada as it seeks to renegotiate the terms of a…
Articles by Colin McClelland
Hudbay halts Constancia mine amid Peru protests
Hudbay Minerals (TSX, NYSE: HBM) has temporarily shut down its Constancia mine in southern Peru in response to local protests and illegal blockades that have escalated amid wider unrest across…
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner founded by billionaire Robert Friedland….
Arizona Sonoran bumps copper at Cactus by half
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has increased its Cactus project’s contained metal by 51% ahead of a prefeasibility study (PFS) due this year. Cactus now hosts 1.04 billion…
Iamgold hits 13-year high on Quebec assays
Iamgold (TSX: IMG; NYSE: IAG) says new assay results from Nelligan and Monster Lake in central Quebec deliver new high-grade hits that extend mineralization. In zone 36 at Nelligan, drill…
New gold explorer M&A in northern Europe
First Nordic Metals (TSXV: FNM), which includes Agnico Eagle Mines (TSX, NYSE: AEM) among its backers, has agreed to acquire Mawson Finland in an all-share deal that will bring together…
Canada fast-tracks Newmont, Foran projects
Canadian Prime Minister Mark Carney has named Newmont’s (TSX: NGT; NYSE: NEM) Red Chris copper-gold mine expansion in British Columbia and Foran Mining’s (TSXV: FOM) McIlvenna Bay copper project in…
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…
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…