Crater Lake’s scandium resource boosted 38%
Scandium Canada (TSXV: SCD) said new data show a 38% increase in indicated resources at its Crater Lake project in northern Quebec. Indicated resources in Crater Lake’s TG zone are…
Articles by FREDERIC TOMESCO
OPEC-style lithium cartel now unlikely, analyst says
The odds of Latin America’s three lithium powers banding together to form a production cartel have almost evaporated due to contrasting economic models, a leading geopolitical analyst says. Argentina, Chile…
Peru’s Alpayana boosts hostile bid for Sierra by 31%
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…
Ukraine mineral reserves likely too small to spur foreign miner rush: report
Persistent security concerns and widespread skepticism over the size of Ukraine’s mineral reserves mean Western resource investment in the country is unlikely to take off anytime soon even if a…
Collective to expand 2025 Colombia drill program
Canadian explorer Collective Mining (TSX, NYSE: CNL) said it will expand drilling in Colombia this year while speeding up various studies in a bid to secure permits faster. The revised…
Vizsla reports high-grade discovery in Mexico
Vizsla Silver (TSX, NYSE: VZLA) says a high-grade find bodes well to expand its flagship Panuco silver-gold project in Mexico. Hole AM-25-90 returned 653 grams silver per tonne, 4.26 grams gold, 0.02%…
Interview: G Mining may issue debt, CEO says
Canadian gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will consider tapping the debt markets if it moves ahead with its $936 million (C$1.34 billion) Oko West gold project…
Generation hikes Marathon estimated output
Generation Mining (TSXV: GENM) released an updated feasibility study for its long-delayed Marathon palladium-copper project in northwestern Ontario that boosts estimated output as well as construction costs. Shares rose. Marathon is…
Omai reports double-digit gold in Guyana
Omai Gold Mines (TSXV: OMG, OTCQB: OMGGF) says strong new assays will boost its Guyana site’s potential in a resource update due by mid-year. Hole 25ODD-101 at WeNot, one of two…
PDAC Q&A: Torex CEO sees Mexico administration ‘tailwinds’ for Media Luna
Canadian gold producer Torex Gold Resources (TSX: TXG) is almost ready to start commercial production this spring at its $950-million (C$1.36-billion) underground Media Luna project in Mexico’s Guerrero gold belt….
First Quantum to suspend Panama arbitration battle
First Quantum Minerals’ (TSX: FM) Panamanian unit says it’s asked its lawyers to halt legal proceedings against Panama in a bid to end a 16-month-old feud with the Central American…
PDAC shows urgency of getting shovels in ground
Time is of the essence if miners are to deliver the minerals needed to power the energy transition. That sense of urgency was front and centre this week as Toronto…