Montage books near-surface gold in Côte d’Ivoire
Early drilling by Montage Gold (TSX: MAU; US-OTC: MAUTF) at its Wendé project in Côte d’Ivoire has returned shallow gold, confirming the potential of what the Canadian developer says could…
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First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
Zijin buys Allied Gold stake after $4B deal collapses
Zijin Gold’s planned $4 billion (C$5.5 billion) acquisition of Allied Gold (TSX, NYSE: AAUC) has collapsed after Chinese regulators failed to approve the transaction before the deadline, leaving the state-backed…
US enters China’s Africa turf with new rare earth bet
Harena Rare Earths (LSE: HREE) has secured United States government backing for its Ampasindava rare earths project in Madagascar, underscoring Washington’s strategy to challenge China’s dominance of critical minerals supply…
GBM to buy Lomiko, add Quebec graphite project
Global Battery Materials agreed to buy developer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) in an all-share deal valued at about $11 million (US$7.9 million) that will give the private company…
US shortlists five states for nuclear sites
The United States Department of Energy (DOE) has selected five potential host states for what it calls “Nuclear Lifecycle Innovation Campuses” in an effort to strengthen and modernize the nation’s…
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Spanish Mountain logs high-grade gold results in BC
New drilling by Spanish Mountain Gold (TSXV: SPA) at its namesake project in British Columbia paves the way for an expansion of the property’s gold system. The stock jumped. Standout…
Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04 billion) – almost twice the…
Equinox-Orla get OK to create No. 2 Canada gold miner
Equinox Gold (TSX: EQX) (NYSE: EQX) and Orla Mining (TSX: OLA) (NYSE: ORLA) have secured shareholder approval for their $18.5 billion merger, creating Canada’s second-largest gold producer with expected annual…
Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in Chihuahua state. The stock rose….