Marimaca hits fresh 13-year high on copper results
Marimaca Copper (TSX: MARI; ASX: MC2) surged to its highest level in more than 13 years after the company said new drilling at its Pampa Medina property in northern Chile…
Articles by FREDERIC TOMESCO
Montage worker dies in Côte d’Ivoire project accident
Montage Gold (TSX: MAU; US-OTC: MAUTF) says a worker died Thursday following an accident at the company’s Koné project in Côte d’Ivoire. Construction activities at the site resumed Friday after…
US commits $1B to critical minerals technology
The United States Department of Energy says it will unlock just under US$1 billion (C$1.38 billion) to fund mining, processing and manufacturing technologies used to extract critical minerals and materials….
Osisko says new Gaspé drill results expand deposit
Osisko Metals (TSX-V: OM; US-OTC: OMZNF) said recent drilling at its Gaspé copper project in eastern Quebec expands the deposit at depth as the company works to update the resource…
Sitka finds visible gold at RC project in Yukon
Sitka Gold (TSX-V: SIG; US-OTC: SITKF) says it encountered visible high-grade gold on multiple occasions during new drilling at its RC property in the Yukon. The stock rose. Highlight hole…
Aurion books high-grade gold in northern Finland
Aurion Resources (TSX-V: AU; US-OTC: AIRRF) cut a highlight result of more than 32 metres grading 4.42 grams gold per tonne at its Risti property in northern Finland. That result,…
Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…