Saudis grows gold resource by ~8M oz
Saudi Arabia’s Maaden says it has added nearly 8 million oz. of gold resources across four sites as a result of drilling in the Kingdom. The added resources span operating…
Articles by Jackson Chen
BMC Minerals debuts on ASX in A$100M IPO
BMC Minerals (ASX: BMC), the Canadian subsidiary of UK-based BMC, debuted on the Australian Securities Exchange on Friday following an A$100-million (US$67-million) initial public offering to help fund its Yukon…
Rio2 expands with $241M deal for Peru copper mine
Rio2 (TSX: RIO), a gold developer advancing one of the largest undeveloped oxide gold projects in the Americas, is expanding to diversified producer via a $241-million deal for copper mine…
Greenland OKs EU-backed graphite project for 30 years
GreenRoc Mining (LSE-A: GROC) jumped on Tuesday after the Greenland-focused critical minerals explorer secured a 30-year exploitation licence for its Amitsoq graphite project, paving the way for its production. Greenland’s…
Orla Mining plunges as Fairfax trims stake
Shares of Orla Mining (TSX: OLA) have plunged after Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its stock in the company at a below-market price. The miner…
Aura Minerals lifts gold growth outlook by a third
Aura Minerals (Nasdaq: AUGO) has raised its future production outlook by a third after releasing a new feasibility study for its Era Dorada project in Guatemala and integrating the results…
Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million cash. The copper-gold mine, located…
World’s largest silver bar unveiled in Dubai
The Dubai Multi Commodities Centre (DMCC) has introduced the world’s largest silver bar in celebration of the founding of the United Arab Emirates. The bullion — weighing 1,971 kilograms and…
UBS lifts copper price forecasts on supply concerns
Amid global mine disruptions, strong momentum on the demand side and a market deficit that is expected to widen, UBS sees copper prices rising next year. In a note published…
Endeavour Silver sells Bolañitos for $50M
Endeavour Silver (NYSE: EXK; TSX: EDR) has agreed to sell its Bolañitos mine to Guanajuato Silver (TSXV: GSVR) in a deal worth up to $50 million, as it looks to…
Highland Copper exits White Pine project for $30M
Highland Copper (TSXV: HI) is selling its 34% stake in the White Pine North project to private equity firm Kinterra, its joint venture partner, to focus solely on its main…
Gold miners dominate this year’s TSX30
Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year…