DPM adds 20% gold-silver to extend Bulgaria mine
DPM Metals (TSX: DPM) says a resource update for its Chelopech gold-copper mine in Bulgaria has added four years to the property’s operational life. Chelopech is now projected to have…
Articles by FREDERIC TOMESCO
Barrick eyes North America assets IPO, confirms CEO
Barrick Mining (TSX: ABX; NYSE: B) unveiled plans to spin off its North American gold assets into a new publicly listed company by the end of the year as it appointed…
Saudi plant is ‘wake-up call’ for Quebec, France: Northern Graphite CEO
Northern Graphite’s (TSX-V: NGC; US-OTC: NGPHF) decision to build a $200-million (C$144-million) battery material plant in Saudi Arabia should serve as a warning for governments in Canada and France, where the miner has been mulling similar…
Alamos targets 1M oz in gold output by 2030
Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs decrease. The stock rose. Gold…
Glencore hints at 2027 smelter closure absent deal
Glencore (LSE: GLEN) said it’s halting all spending on emissions reduction at its Horne smelter in northern Quebec after failing to reach a deal with the provincial government on a…
Torngat eyes Strange Lake feasibility study as timing slips for Quebec rare earths project
Privately held developer Torngat Metals has pushed back its target for starting rare earths production at the $2-billion (US$1.46-billion) Strange Lake project in northern Quebec by about a year due to permitting and other delays. Until recently, the Montreal-based company had been saying…
Nevada King finds shallow gold at Atlanta project
Nevada King Gold (TSX-V: NKG; US-OTC: NKGFF) said new drilling at its past-producing Atlanta mine in eastern Nevada returned oxide gold-silver mineralization near surface. The stock jumped. Hole B25-101 in the Silver…
Macro forces driving metals jump still intact: Jefferies
Gold’s sharp pullback last week may have handed investors a new entry point into mining equities because wider economic forces driving the recent “metals melt-up” remain intact, Jefferies argues in…
Copper is key at Rio-Glencore deadline
With the time limit for a Rio Tinto (NYSE, LSE, ASX: RIO) bid to acquire Glencore (LSE: GLEN) expiring this Thursday, The Northern Miner offers another look at how the…
Glencore says key issues remain in Horne smelter talks
Glencore (LSE: GLEN) said it remains at loggerheads with Quebec over the future of its controversial Horne smelter on the eve of a self-imposed deadline to settle the century-old facility’s…
Centerra falls after explosion at smelter
Centerra Gold (TSX: CG; NYSE: CGAU) stock plunged after the miner said it suspended operations at its Langeloth metallurgical facility in Pennsylvania due to an explosion. Shares of Centerra fell 8%…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…