Lundin finds new copper-gold systems in Ecuador
Canada’s Lundin Gold (TSX: LUG; US-OTC: LUGDF) said drilling near its Fruta del Norte mine in Ecuador showed a large intrusive complex hosting several shallow copper-gold porphyry systems within a…
Articles by FREDERIC TOMESCO
Battered Vizsla keeps ‘long-term’ commitment to Mexico silver-gold mine
Vizsla Silver (TSX; NYSE: VZLA) said it remains determined to develop the Panuco silver-gold project in Mexico’s strife-torn Sinaloa state even after an armed group kidnapped 10 company workers, killing…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
US Antimony, Americas Gold to jointly build Idaho plant
United States Antimony (NYSE-A: UAMY) and Americas Gold and Silver (TSX: USA; NYSE-A: USAS) are joining forces to build a hydromet processing plant in Idaho that they see anchoring a…
Kidnappers kill Vizsla mine workers in Mexico
Some Vizsla Silver (TSX, NYSE: VZLA) workers who were abducted last month in west-central Mexico have been killed, the company said. The stock plunged. Vizsla said Monday it’s been informed…
PMET to raise $130M for Quebec lithium exploration
Canadian mine developer PMET Resources (TSX: PMET; US-OTC: PMETF) is raising up to $130 million (US$96 million) to fund exploration and development work at its Shaakichiuwaanaan lithium project in northern…
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…
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…