Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Articles by FREDERIC TOMESCO
Canada key as Vale plans base metals profit surge
Vale‘s (NYSE: VALE) base metals business could generate more than one-third of the Brazilian mining group’s pretax profit over the coming decade as production climbs and efficiencies kick in, executives…
Quebec may delay Horne smelter emissions targets
Quebec has opened the door to giving Glencore (LSE: GLEN) more time to ensure that its Horne copper smelter — the only one of its kind in Canada — complies…
Americas Gold & Silver sees 30% output rise this year
Americas Gold and Silver (TSX: USA; NYSE American: USAS) predicts production will climb about 30% this year on the back of rising output from its Galena complex in Idaho and…
B2Gold’s Goose area keeps laying bonanza eggs
B2Gold (TSX: BTO; NYSE-A: BTG) says infill drilling in Nunavut’s Back River gold district reinforces the area’s expansion potential while improving the odds that mine life can be prolonged. Standout…
Pan American sees lower Mexico mine expansion costs
Pan American Silver (TSX, NYSE: PAAS) unveiled a new preliminary economic assessment (PEA) that cuts the projected cost of expanding the La Colorada mine in Mexico by almost one-third while…
Nevada King surges as Centerra takes 9.9% stake
Canadian miner Centerra Gold (TSX: CG; NYSE: CGAU) is paying $10 million (US$7.3 million) for a minority stake in junior Nevada King Gold (TSXV: NKG; US-OTC: NKGFF) to boost its…
NGEx hits 6.8% copper at Argentina’s Lunahuasi
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) reported new high-grade drill results from its Lunahuasi copper-gold-silver project in Argentina that bode well for a first resource. The stock soared. Hole DPDH059…
‘Critical minerals corridor’ seen linking mines, markets
Canadian property developer BMI Group says the clutch of industrial buildings it’s amassed in Ontario and Quebec could help strengthen Canada’s role in the battery supply chain by linking mines…
Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) holds a royalty on Barrick Mining’s (TSX: ABX; NYSE: B) Fourmile gold project in Nevada that could generate billions of dollars and impact the valuation…
Newcore Gold lifts Enchi’s resource by 24% in Ghana
Canadian developer Newcore Gold (TSXV: NCAU) said a resource update for its Enchi gold project in southwestern Ghana boosts the deposit’s footprint by 24% as the company advances toward a…
Royal Road eyes ‘meaningful’ underground mine as Colombia drilling resumes
Royal Road Minerals (TSX-V: RYR) said recent drilling at its Guintar-Aleman-Margaritas gold-silver-copper project in Colombia suggests the deposit could support a bulk-tonnage underground mine. Hole GUI-DD-028 cut 76 metres of…