Sumitomo Metals backs Teck’s split plan
Japan’s Sumitomo Metal Mining confirmed on Thursday its support for Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) planned spinoff into two companies in the face of an alternative proposal from Glencore…
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Global silver demand posts record high of 1.2B oz in 2022
All major silver demand categories achieved record highs in 2022, pushing total demand to a new high of 1.2 billion oz. last year, according to the Silver Institute. In its…
Lithium exploration in Canada – in charts
With last year’s record lithium prices spurring a boom in exploration for the energy metal that has persisted even as prices have retreated, The Northern Miner was curious where in…
Probe’s assays hike resource outlook at Novador gold project in Quebec
Probe Gold (TSXV: PRB) has reported scores of assays from its Pascalis deposit signalling a potential resource increase this year at the Novador gold project near Val d’Or, Que. More…
Vital Metals’ plans for rare earth production stall
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, is pressing pause on construction of its half-finished Saskatoon processing facility after determining that its plans to…
Chile drought hits Antofagasta’s copper output in Q1
Chilean miner Antofagasta (LSE: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has…
Glencore opens door to better bid in letter to Teck Class B shareholders
Glencore (LSE: GLEN) raised on Wednesday the prospect of improving its US$23.1 billion takeover bid for Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), provided that shareholders reject the Canadian miner’s plan to…
Northern Miner Podcast: Should Teck trade copper for cash? ft MINING.com senior editor Cecilia Jamasmie
In this week’s episode, we welcome Cecilia Jamasmie, Senior Editor at MINING.com, to discuss the recent developments surrounding Glencore’s $23-billion takeover bid for Teck Resources. Cecilia unpacks the key aspects…
Tearlach confirms Gabriel lithium discovery in Nevada
The first rush assay results from Tearlach Resources’ (TSXV: TEA) initial drilling program on the Gabriel lithium project in Nevada have confirmed a discovery last year by Blackrock Silver (TSXV:…
Lumina’s Cangrejos ranks as 26th-largest global gold asset, according to new PFS
A new prefeasibility study on Lumina Gold’s (TSXV: LUM, US-OTC: LMGDF) Cangrejos gold-copper project in El Oro province, southwest Ecuador, substantially improves the large but low-grade project’s economics. The study,…
Endeavour Silver greenlights Terronera mine despite capex rise
The board of Endeavour Silver (TSX: EDR; NYSE: EXK) has decided to build its Terronera mine in Jalisco state, Mexico, despite cost pressures that have emerged from systemic inflation and…
B2Gold kicks off phased closure of Namibia mine
B2Gold (TSX:BTO; NYSE: BTG) said on Tuesday it had begun the phased closure of its Otjikoto gold mine in Namibia, once the country’s largest producer of the precious metal. The…