Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
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Hudbay pauses Snow Lake mine due to wildfire
Hudbay Minerals (TSX, NYSE: HBM) has temporarily suspended operations at its Snow Lake gold-zinc-copper mine in Manitoba due to surging wildfires and pledged $1 million in financial relief for its…
Abu Dhabi’s IRH spends $500M to control Alphamin tin
Abu Dhabi’s International Resources Holding (IRH) is acquiring a majority stake in Alphamin Resources (TSXV: AFM) to access the Bisie tin mine, one of the world’s largest and highest-grade deposits…
Meta, Constellation power deal may help uranium miners: analysts
Facebook owner Meta’s 20-year deal with Constellation Energy (Nasdaq: CEG) to buy output from its Clinton nuclear plant in central Illinois bolsters the long-term case for uranium producers, analysts said….
‘Everybody wins’ cutting permit times, ft Ore Group’s Stewart on exploration in Canada
This week’s episode features Ore Group chairman Stephen Stewart in conversation with host Adrian Pocobelli on key developments in Canadian mining. Stewart reflects on the recent Canadian elections and how…
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth project in British Columbia. The…
Graphite One surges on FAST-41 for Alaska project
Shares in Graphite One (TSXV: GPH; US-OTC: GPHOF) gained after the company said the U.S. government put it’s billion-dollar Alaskan project in a fast-track approval process. Graphite One is advancing…
Nevada King update bumps Atlanta gold by 122%
A resource update for Nevada King Gold’s (TSXV: NKG; US-OTC: NKGFF) Atlanta project more than doubles contained gold in the measured and indicated categories to just over 1 million oz.,…
Interview: Barrick CEO talks slimming gold portfolio
When Barrick Gold took over Randgold in 2019, its marketing dropped Gold from the name to reflect wider interests like copper and appeal to new investors. But it didn’t bother…
Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
Infographic: Gold and silver producers vs reserves
The ranks of the world’s top precious metal producing countries are subject to change over time, one factor being economically mineable reserves. South Africa, for example, was the world’s top…
XXIX refocuses Opemiska copper resource in Quebec
XXIX Metal (TSXV: XXIX; US-OTC: QCCUF) downgraded its Opemiska project resource in northern Quebec and said the deposit covers less ground than previously thought. The indicated pit-constrained resource is 62.7…