Utah top spot for mine investment, says Fraser Institute
Utah took over the No.1 spot in the Fraser Institute’s 2023 global ranking of jurisdictions for mining investment, while Saskatchewan and Quebec were in the top five. Utah beat out its…
Articles by Jackson Chen
Faraday Copper rallies on $20M bought deal to advance Arizona project
Faraday Copper (TSX: FDY; US-OTC: CPPKF) shares rose 6.6% on news the company is raising $20 million in a bought deal financing for its Copper Creek project in Arizona. The…
Kenorland stock surges as Centerra Gold takes 9.9% stake
Centerra Gold (TSX: CG) is taking a 9.9% stake in Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF), joining Sumitomo Metal Mining as one of the junior’s biggest investors. Centerra is acquiring the…
Rinehart asks Australia’s national gallery to take down her portrait
Australian billionaire Gina Rinehart may have drawn more attention than she intended after she reportedly asked the country’s national gallery to remove a seemingly unflattering portrait of her. The portrait…
Fortune Minerals secures $16M in Canada, US government funding
Shares of Fortune Minerals (TSX: FT; US-OTC: FTMDF) hit a 52-week high on Thursday after the critical minerals developer announced it has secured additional funding from the Canadian and United…
Solitario soars on gold finds in South Dakota
Solitario Resources‘ (TSX: SLR; NYSE: XPL) share price surged to its highest in over three years on Wednesday after the discovery of multiple high-grade gold zones at its Golden Crest…
Hochschild’s Mara Rosa gold mine reaches commercial production
Hochschild Mining’s (LSE: HOC; US-OTC: HCHDF) Mara Rosa gold mine in Brazil has reached commercial production a couple of weeks early. In a release Tuesday, the London-based miner said Mara…
Troilus Gold shares fall on Quebec project feasibility study
Troilus Gold (TSX: TLG) shares are down 12% after it released a feasibility study outlining an open-pit gold-copper operation in Quebec with capital costs 21% higher than its net present…
Freeport enters earn-in on Max Resource’s Cesar copper-silver project in Colombia
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior’s Cesar copper-silver project in northwestern Colombia….
Former CEO altered Wawa gold assays, Red Pine says
Shares in Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) plunged 30.4% Friday on news the company believes its former CEO was behind “unauthorized manipulation” of assay results from its Wawa…
Golden Minerals sells Mexico mines in shift to Argentina
Golden Minerals (NYSE-A: AUMN, TSX: AUMN) announced on Friday it has sold its primary assets in Mexico comprising the Velardeña properties in Durango state that it briefly brought back to…
Montage Gold receives environmental OK for Koné build
Africa-focused Montage Gold (TSXV: MAU; US-OTC: MAUTF) says it’s received all environmental approvals for the development of its US$712-million Koné project in Côte d’Ivoire, with its mining permit expected to…