Barrick’s global gold reserves rise 23%
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged that of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a…
Articles by FREDERIC TOMESCO
Chinese investors control 75% of Indonesia nickel refining capacity: report
Chinese investors have managed to gain control over most nickel refining capacity in Indonesia, the world’s biggest producer of the mineral – a dominance that may give China a greater…
Lundins, Zijin Mining agree on $62M investment in Predictive Discovery
Predictive Discovery (ASX: PDI) said the Lundin family, their associates and Zijin Mining agreed to invest about A$69.2 million ($62 million) to help the Australian miner press ahead with development…
Gold sets all-time high on trade war fears
Gold prices hit a record high Friday, topping US$2,800 an oz. amid growing concern that U.S. President Donald Trump will follow through with his threat to slap multiple nations with…
Energy Fuels, Navajo OK uranium ore transport
Energy Fuels (TSX: EFR; NYSE: UUUU), one of America’s largest uranium producers, has reached an agreement with the Navajo Nation to resume radioactive ore transport across the Indigenous community’s lands….
Discovery Silver to buy Newmont’s Porcupine mine for US$425M
Newmont (NYSE: NEM, TSX: NGT) agreed to sell its Porcupine property in Ontario to Discovery Silver (TSX: DSV) for up to US$425 million in a deal poised to elevate the…
Agnico now owns 94% of O3, extends offer to Feb 3
Agnico Eagle Mines (TSX: AEM) has moved one step closer to its planned takeover of O3 Mining (TSXV: OIII). Toronto-based Agnico, the second-largest gold miner by stock market value, has acquired…
Indonesia poised to cut nickel ore quota further
Indonesia, the world’s largest nickel producer, looks poised to trim output even more than indicated this month in an attempt to prop up prices. Southeast Asia’s most populous country could…
Teck sees copper supply/demand win
Soaring demand for electric vehicles and power plants should support copper prices over the coming decades as supply constraints continue to plague the industry, Teck Resources (TSX: TECK.A, TECK.B; NYSE:…
Power Nickel says drill results boost confidence in Lion zone’s potential
Canadian junior explorer Power Nickel (TSX-V: PNPN) reported high-grade assay results from recent drilling in the Lion zone of its majority-owned Nisk property in Quebec that the company says boosts confidence…
VRIC: Looming U.S. dollar crisis could send gold prices ‘through the roof’
Ballooning U.S. deficits and a dearth of opportunities to mine gold in geopolitically stable jurisdictions are two major reasons to be bullish on the metal, an annual investor forum in…