Two Red Lake hopefuls crater on brewing Barrick beef
The shares of two Red Lake Gold Camp-focused ‘close-ology plays’ crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a…
Articles by Henry Lazenby
S&P/TSX Venture Composite Index tumbles more than 5% in June 27-July 1 trading week
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of…
Site visit: Fireweed Zinc rebrands in pivot to the broader critical metals market
Yukon-focused explorer Fireweed Zinc (TSXV: FWZ; US-OTCQB: FWEDF) has rebranded as Fireweed Metals to reflect its metamorphosis into a critical minerals-focused company. The name change follows its early June acquisition…
USGS deploys satellite imagery in the global fight against illegal mining
The USGS has deployed its scientific capabilities and high-tech tools in the global fight against illegal mining. The organization’s scientists are playing a leading role in a project involving a…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
Geoscience BC deploys a brewery gas sensor to look for metals
Geoscience BC has successfully demonstrated how an ordinary brewery and greenhouse gas meter can aid in finding new mineralized deposits. The organization said on June 14, the made-in-British-Columbia device was…
Lithium supply struggles to keep up with demand – report
While prices for battery-making products such as lithium spodumene, carbonate and hydroxide have rallied by 1,553%, 1,057% and 744%, respectively, since mid-2020, the lithium market will struggle to remain balanced…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
Alrosa nixes dividend as economic sanctions bite
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
GMS: Maureen Jensen on the ‘advent of digital finance’
The brisk, sweeping changes Industry 4.0 brings to the financial landscape are forcing miners to rethink how they operate while regulators closely watch and prepare to implement new rules to…
GMS: Quebec ready to partner with critical mineral explorers and developers
Backed by its recent actions in the critical minerals space, the Quebec government laid out a strong case for why mineral exploration and mining development in the francophone province is…