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…
Articles by FREDERIC TOMESCO
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…
Vizsla says kidnapping halts Panuco project in Mexico
Canadian mine developer Vizsla Silver (TSX, NYSE: VZLA) suspended some work on its flagship Panuco silver-gold project in Mexico’s Sinaloa State after 10 people were taken from the site. The…
American Eagle drills long 0.6% copper at NAK in BC
Canadian explorer American Eagle Gold (TSX-V: AE; US-OTC: AMEGF) says new drilling at its polymetallic NAK project in British Columbia has enlarged a discovery zone that could serve as the…
Alamos books new gold in Manitoba and Quebec
Alamos Gold (TSX, NYSE: AGI) said recent drilling at its Lynn Lake project in Manitoba and Qiqavik property in northern Quebec located new mineralization at both sites, potentially boosting the…
Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
Ex-Barrick Hemlo logs high-grade gold in new zone
Hemlo Mining (TSXV: HMMC) said new drilling at its namesake mine in Ontario yielded high-grade gold in a new area of the property. Highlight hole 6702503 cut almost 11 metres…
Novagold’s Donlin costs, net value jump in update
Novagold Resources (TSX: NG) says inflationary pressures mean its Donlin Gold project in Alaska will probably cost $9.2 billion (C$12.6 billion) – a 25% increase – while the value of…
BHP adds another $1B to Jansen mine expense
Continued inflationary pressures have forced BHP (ASX, LSE, NYSE: BHP) to bump up the cost of its Canadian potash project’s first stage to $8.4 billion (C$11.6 billion) – the second revision…
Osisko says new assays extend Gaspé deposit’s depths
Canadian mine developer Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its Gaspé copper project in Quebec extended the deposit’s vertical depths to almost 1,000 metres. The stock…
Liberty Gold says Idaho project gets FAST-41 nod
Liberty Gold (TSX: LGD; US-OTC: LGDTF) said its past-producing Black Pine gold project in southeastern Idaho has joined the FAST-41 federal government program to quicken permitting. The stock surged. Black…