U.S. inflation knocks NYSE lower last week
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected inflation for January of 6.4%…
Articles by Colin McClelland
Lithium Royalty to issue IPO with eye on Quebec investment
Lithium Royalty, a Toronto-based investor in battery metal producers, is planning to list on the city’s stock exchange to raise capital as it considers opportunities in Quebec for the fast-growing…
GMS: Risk-averse Wheaton eyes Australia as China buoys gold price
Resurgent Chinese demand can overcome a potential recession while the gold price remains strong and Wheaton Precious Metals (TSX: WPM; NYSE: WPM) expands its production by 40% over four years,…
GMS: Hecla chairperson promotes family offices, solar power, North America focus
Catherine Boggs, chairperson of Hecla Mining (NYSE: HL), the largest silver producer in the United States, sees opportunities for juniors to tap private wealth, a new lifeline in solar panels…
Big Ridge doubles inferred gold in Newfoundland while grade drops
Big Ridge Gold (TSXV: BRAU; OTCQB: ALVLF) says a new mineral resource estimate for the Hope Brook project in Newfoundland and Labrador doubles its inferred contained gold compared with eight…
Three ways to harvest more copper and save billions
Advances in technology to increase metal recovery could save billions of dollars and wipe out the 20% gap between copper supplies and demand as green energy accelerates, according to a…
From gun searches to kimberlites, AI makes inroads in Canadian mining
An artificial intelligence (AI) executive who co-founded a company searching for concealed weapons is now fronting another firm using similar technology to hunt for hidden mineral deposits. The company, Montreal-based…
Fortuna on track for African gold while riding out Mexican standoff, Peru protests
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is pushing through a deadlock with Mexican authorities and the worst riots in Peru in decades without cutting production, even as it remains…
Great Bear resource ‘proves our thesis,’ Kinross Gold says
Kinross Gold (TSX: K; NYSE: KGC) says the first mineral resource for its billion-dollar Great Bear project in northwest Ontario shows potential to be a world class asset. The open-pit…
Nighthawk Gold expands Colomac resource estimate in NWT by a third
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) increased its open-pit indicated and inferred mineral resources at its Colomac project in the Northwest Territories by more than a third while also improving…
Cameco pivots into profit as Ukraine war knocks uranium supplies
Cameco (TSX: CCO; NYSE: CCJ) has swung into profit after uranium prices rose when the war in Ukraine sidelined Russian supplies and as the push to reduce greenhouse gases accelerated. …
Anglo American invests $24M in Canada Nickel’s Crawford project in Ontario
Anglo American (LSE: AAL) is buying a minority stake in Canada Nickel (TSXV: CNC; OTCQX: CNIKF) to advance its Crawford project in northern Ontario with improved processing as battery metals…