Snow Lake Energy discovers gallium in Ontario
Snow Lake Energy (NASDAQ: LITM) said on Monday it has made a new gallium discovery at the Mound Lake property in Ontario to complement its existing portfolio of lithium and…
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Copper smelting fees to remain low amid tight supply
Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets. In…
Mosaic to sell Brazilian phosphate mine for US$125M
Tampa-based fertilizer company Mosaic (NYSE: MOS), the world’s fourth-largest potash producer, said on Monday that it has agreed to sell a phosphate mine and tailings dams in Brazil to local…
Mali airlifts gold from Barrick mine: Reuters
The Malian junta is choppering gold stockpiles out of Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto complex, Reuters reports. The airlift began Saturday, the newswire said, citing four sources close…
Zijin in talks to buy US$6.4B China lithium miner
Chinese copper and gold producer Zijin Mining Group (HK: 2899) revealed on Friday it is in talks with Zangge Mining’s top two shareholders to buy a controlling stake in the lithium…
Hudbay increases stake in Arizona Sonoran to 9.99%
Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper (TSX: ASCU, OTCQX: ASCUF) with the purchase of 11.85 million shares under a private placement. The Arizona…
Lundin Gold exceeds guidance with record production
Lundin Gold (TSX: LUG; US-OTC: LUGDF) exceeded last year’s production guidance with a record output of 502,029 oz. from its Fruta del Norte gold mine in Ecuador. It set its…
Gatos Silver posts solid 2024, preps takeover by First Majestic
Gatos Silver (TSX: GATO; NYSE: GATO) has topped its 2024 production guidance at the Cerro Los Gatos mine in Mexico. Record throughput and higher-than-expected silver-equivalent output drove strong results. The…
Altius Minerals wins arbitration decision on Nevada gold royalty rights
Altius Minerals (TSX: ALS; US-OTC: ATUSF) says it’s won a partial arbitration ruling that could give the company expanded royalty rights over the Silicon gold district of Nevada. Shares of…
New Gold falls short of 2024 gold guidance
New Gold (TSX, NYSE-A: NGD) shares fell on Friday after the company missed its production forecast in a challenging finish to the year. The mid-tier miner cited December mechanical failures…
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Equinox shares surge following record production year
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.