Golden Minerals drills high-grade gold at Rodeo in Mexico
Golden Minerals (TSX: AUMN; NYSE: AUMN) has released a second set of assays results from its Rodeo gold-silver project, 80 km west of its Velardena project in Mexico’s Durango state….
Fast News
Gold price wobbles on renewed vaccine hopes
The rally in gold, which surged to a record high nearly two weeks ago, is beginning to lose steam with hopes for a coronavirus treatment and signs of improving economies…
Rio Tinto enters option deal for ALX’s nickel project in Saskatchewan
ALX Resources (TSXV: AL) has entered into an option agreement with Rio Tinto (NYSE: RIO; LSE: RIO) on its Falcon nickel project in northern Saskatchewan. Under the deal, Rio Tinto…
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
Mali coup delays sale of Iamgold’s Sadiola gold mine
Iamgold (TSX: IMG; NYSE: IAG) has delayed the sale of its Sadiola gold mine in Mali, a joint venture with South Africa’s AngloGold Ashanti (NYSE:AU), as the country reels from…
Glencore’s Mutanda mine on care and maintenance for ‘two years at least’: report
A year ago, Glencore (LSE: GLEN) announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that was trading at levels 70%…
AngloGold told to keep headquarters in Johannesburg
AngloGold Ashanti (NYSE: AU) will have to keep trading shares in South Africa to conclude the sale of its last remaining assets in the country to rival Harmony Gold (NYSE:…
Trilogy completes feasibility on Arctic polymetallic project in Alaska
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has announced the results of a feasibility study on its 50%-held Arctic copper-zinc-lead-silver-gold project in northwestern Alaska’s Ambler mining district. The study suggests a…
Rio Tinto cuts 2020 copper targets on Kennecott delay
Rio Tinto (NYSE: RIO; LSE: RIO) has cut its refined copper production target for fiscal 2020 due to delays in restarting a smelter at its Kennecott mine in Utah. The…
Battle North seeks $55M to fund development, pay debt
Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP…
Copper rises above US$3 per lb.
Copper rose above US$3 per lb. for the first time in more than two years, on the back of falling inventories, a lower U.S. dollar, unprecedented Chinese economic stimulus and…
Iron ore price hits six-and-half year highs on Chinese demand
Iron ore prices hit six-and-half year highs on Aug. 18 as Chinese furnaces, where more than half the world’s steel is forged, roll out crude steel at a never before…