New Gold updates Rainy River and New Afton mine plans
Looking to stem losses driven by high-cost operations, New Gold (TSX: NGD; NYSE-AM: NGD) recently tabled revamped life-of-mine plans for its Rainy River and New Afton mines focused on improving…
Articles by Trish Saywell
Coeur suspends Silvertip on low prices for lead, zinc
Coeur Mining (NYSE: CDE), the largest U.S.-based primary silver producer, is temporarily halting operations at its Silvertip silver-zinc-lead mine, located in Canada’s northern British Columbia, due mainly to low prices…
Newmont, Teck to invest US$152M in Chilean copper-gold project
Newmont Mining (TSX: NGT; NYSE: NEM) and Teck Resources (TSX: TCK.B; NYSE:TCK) are injecting new life into their NuevaUnión 50-50 joint venture in Chile by investing US$152 million into the…
Coronavirus impacts base metals market
The coronavirus (COVID-19) outbreak continues to spread, with figures from the World Health Organization putting the number of infected people in China at 77,262 and the number of deaths in…
Brazil’s Bolsonaro eyes Amazon riches
A proposal by the Brazilian government to open up the Amazon rainforest is facing global scrutiny. The mineral wealth hidden beneath Brazil’s Amazon rainforest is believed to be considerable. In…
Tesla announcement surprises cobalt, nickel bulls
Cobalt bulls were dealt another blow this week after reports that the world’s largest electric carmaker is shifting some production of its most popular model away from batteries that contain…
Will Canadian miners rise again?
The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining landscape: Newmont’s (NYSE: NEM) takeover…
Leaked EIS buoys Northern Dynasty’s Pebble
Controversial development plans for Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) wholly-owned Pebble project in southwest Alaska’s Bristol Bay region, have swung further in the company’s favour following the release…
Americas Gold and Silver pours first gold at Relief Canyon
Nine months after construction began on its Relief Canyon mine in Nevada, Americas Gold and Silver (TSX: USA) has poured first gold and expects commercial production to start before the…
Trump administration seeks to boost US uranium mining sector
As part of U.S. President Donald Trump’s proposed federal budget for fiscal 2021, his administration is requesting US$150 million annually over the next decade to stockpile U.S.-mined uranium in a…
Orocobre to acquire Advantage Lithium in all-share deal
Orocobre (TSX: ORL; ASX: ORL) owns 34.7% of Advantage Lithium’s (TSXV: AAL; US-OTC: AVLIF) common shares and the two companies are joint-venture partners on the Cauchari lithium project in northern…
Commentary: Silver price strong despite less investment demand
Silver prices rose 30% from US$15.25 per oz. at the end of June 2019 to as high as US$19.75 per oz. by Sept. 4. The most important aspect of this…