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:…
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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…
Silver One updates resource for past-producing Candelaria mine
Silver One Resources (TSXV: SVE; US-OTC: SLVRF) has released an updated resource estimate for the heap leach pads at its Candelaria project, 209 km southeast of Reno, Nevada. Indicated resources…
Corvus Gold expands Mother Lode project in Nevada
Corvus Gold (TSX: KOR; NASDAQ: KOR) has released the results of 10 holes completed at its Mother Lode project in Nevada. The drill program has expanded the Central Intrusive (CIZ),…
Marathon Gold extends Berry zone at Valentine
The latest drill results from the Berry zone, within the 6-km long Sprite corridor at Marathon Gold’s (TSX: MOZ) Valentine gold project, extend the strike length of this area of…
Banyan Gold finds grade continuity at Airstrip zone in Yukon
Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the…
New South Wales approves Vickery coal mine expansion
The Independent Planning Commission of Australia’s New South Wales government approved a US$607-million extension of Whitehaven Coal’s (ASX: WHC) Vickery coal mine near Boggabri, in the state’s northwest. The approval,…
Hudbay posts US$51.9M loss on Constancia suspension
Canadian miner Hudbay Minerals (TSX: HBM, NYSE: HBM) posted a US$51.9 million loss in the second quarter, as an eight-week suspension of its Constancia copper mine in Peru weighed on results….