Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
Articles by FREDERIC TOMESCO
Sitka assays suggest ‘significant’ deep tonnage in Yukon
Canadian explorer Sitka Gold (TSX-V: SIG; OTCQB: SITKF) said assay results from drilling at its RC gold project in Yukon suggest the deposit could contain significant tonnage at greater depths than…
Collective discovers gold, copper at San Antonio project
Canadian explorer Collective Mining (TSX, NYSE: CNL) said it discovered gold and copper during early-stage drilling at its San Antonio project in Colombia. Hole SAC-11 returned 290.2 metres grading 0.58 gram per…
Supply risks trump demand concerns: Cameco CEO
Global utilities have their work cut out if they hope to secure enough uranium to meet demand over the next 20 years, Cameco (TSX: CCO; NYSE: CCJ) CEO Tim Gitzel…
Alamos shares sink as results fall short of expectations
Alamos Gold (TSX, NYSE: AGI) reported weaker-than-expected quarterly profit as costs rose and gold production climbed more slowly than planned. Shares plunged. Adjusted first-quarter earnings increased to $59.8 million, or…
Q1 gold demand soars to highest since 2016: WGC
First-quarter gold demand hit its highest level in nine years as exchange-traded funds loaded up on the metal, according to the World Gold Council (WGC). Total gold demand reached 1,206…
G Mining sees improved economics at Guyana project
Canada’s G Mining Ventures (TSX: GMIN) said a new feasibility study for its Oko West project in northern Guyana demonstrates improved economics compared with initial calculations released last year. At…
Canadian election may herald more mining activity
As Canadians cast their ballots Monday, both leading candidates for prime minister are promising to bring a greater sense of urgency towards getting mines and other natural resource projects built….
New Osisko study for Cariboo project lifts NPV, costs
An updated feasibility study for Osisko Development’s (TSXV, NYSE: ODV) Cariboo gold project in British Columbia increases net present value (NPV) by 88% even as estimated capital expenditures climb by…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
Reset needed to boost Canada uranium output: Sprott
Canada’s next prime minister had better be serious about expediting permitting reviews to speed up mine construction, according to the world’s biggest holder of physical uranium. Both leading contenders for…
Teck-backed AbraSilver assays boost La Coipita
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said assay results from drilling at its La Coipita copper and gold property in Argentina showed the presence of a significant porphyry system with expansion…