Weir Group cuts profit guidance following crippling cyberattack
Industrial pump maker Weir Group (LSE: WEIR) is reeling following a sophisticated cyberattack in the second half of September that forced it to isolate and shut down its core IT…
Fast News
Canada Nickel improves recovery and metallurgical performance at Crawford nickel project
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has released the results of testing done on samples from its 100%-owned flagship Crawford nickel-cobalt sulphide project in Ontario, about 40 km north of…
Friedland-backed Ivanhoe Electric funds South Voisey’s Bay survey
Mining magnate Robert Friedland is looking to make another potentially massive base metals discovery about 80 kilometres south of his famous Voisey’s Bay find from 1993. His privately held US-based…
Newmont axes gold output targets at Boddington in Australia
Revision comes as a result of several challenges during commissioning the mine’s first Autonomous Haulage System (AHS) fleet.
Thor’s Segilola gold mine reaches commercial production
The Segilola project is considered Nigeria’s most advanced gold project.
Horizonte Minerals secures more funds for Araguaia nickel project in Brazil
A syndicate of five international financial institutions have approved a senior secured project finance facility of up to US$346.2 million for Horizonte Minerals (TSX: HZM; LSE: HZM) to fund the…
Sayona Mining acquiring another Quebec lithium project
Emerging Australian lithium producer Sayona Mining (TSX: SYA; US-OTC: SYAXF) has agreed to acquire control of the Moblan lithium project in the Eeyou-Istchee James Bay region of northern Quebec. Sayona…
GoGold Resources releases assays from new drilling program in Mexico
Halifax-based GoGold Resources (TSX: GGD) has released results for the initial holes drilled at its Mololoa target, part of the company’s Los Ricos North exploration project in Mexico’s Jalisco state,…
Kirkland Lake shares up on M&A rumour
Kirkland Lake Gold (TSX: KL) rose nearly 8.5% in early trading Monday after IKN News released a statement Sunday saying the gold miner was “marketing itself to the highest bidder.”…
Hudbay drills three new zones at Copper World project, near Rosemont
Hudbay Minerals (TSX: HBM; NYSE: HBM) has drilled more high-grade copper sulphide and oxide mineralization at its near-surface Copper World project, 7 km from the Rosemont project in Arizona. Drilling…
Gemfields swings to profit as it reopened mines
Precious gemstones miner Gemfields (LSE: GEM; JSE: GML) has swung to a first-half net profit after it reopened mines and demand for its emeralds and rubies surged. The company, which returned to the London Stock Exchange’s…
First Cobalt resumes drilling at Iron Creek
First Cobalt (TSXV: FCC; US-OTC: FTSSF) said today that it has begun drilling at its Iron Creek cobalt-copper project in Idaho, seeking to double production as higher demand for electric…