Bolivia looks to mineral wealth as gas era fades
Once hailed for its growth, Bolivia is facing an economic reckoning. The huge gas reserves on which the country has prospered for the last two decades are dwindling. Years of…
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NGEx Minerals more than doubles private placement to $85M
Due to strong demand, NGEx Minerals (TSXV: NGEX) has opted to more than double its private placement financing from $40 million to $85 million, issuing approximately 13 million common shares…
Excellon Resources’ shares drop after failed bid to acquire La Negra silver mine
Excellon Resources’ (TSX: EXN; NYSE: EXN) shares plummeted following the news that its $50-million planned acquisition of the past-producing La Negra silver mine in Mexico, announced in January, has fallen…
Orea shares surge on revised deal for Nordgold’s stake in French Guiana project
Orea Mining (TSX: OREA; OTC: OREAF) has signed a revised agreement to acquire Nordgold’s 55.01% interest in the Montagne d’Or gold project in French Guiana, the company said on Thursday. …
Probe Gold sees resource rise 28% in update for Val-d’Or properties
Resources at Probe Gold‘s (TSX: PRB; OTC: PROBF) Val-d’Or project properties have increased by 28% over the 2021 estimate, according to an update released on Wednesday. Total pit-constrained and underground…
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…
Antofagasta’s Arriagada, Collahuasi boss among top picks for Codelco’s CEO job
Chile’s state-owned miner Codelco, the world’s top copper producer, is said to have narrowed down the list for the company’s potential new chief executive to about five candidates, including Antofagasta’s…
Westhaven Gold PEA gives Shovelnose 534,000-oz output over 9.5-year life
Westhaven Gold‘s (TSXV: WHN) Shovelnose gold project in south-central British Columbia could produce a total of 534,000 oz. gold and 2.7 million oz. silver over 9.5 years, according to a…
New Found extends strike length at Keats West in latest drilling
New Found Gold (TSXV: NFG; NYSEA: NFGC) has announced the results from seven diamond drill holes completed as part of a drill program designed to test the newly discovered Keats West…
First Majestic upbeat on drill results from Mexico mines, Jerritt Canyon in Nevada
First Majestic Silver (TSX: FR; NYSE: AG) has delivered positive drilling results from its San Dimas and Santa Elena mines in Mexico and the Jerritt Canyon project in Nevada. In…
Rio Tinto flags cost hike at Argentina lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has noted a likely cost estimate and schedule review for its Rincon lithium project in Argentina’s Salta Province, an emerging hub for…
Tata Group to build $6-billion gigafactory in the UK
Tata’s first gigafactory outside of India will supply locally-made batteries to the company’s its Jaguar Land Rover factories.