TNM Drill Down: Delta Resources’ namesake project in Ontario tops gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (May 5-12). Drill holes are ranked by gold grade x width, as identified by our…
News
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
Silvercorp to buy copper-gold focused junior Celsius Resources
Silvercorp Metals (TSX: SVM) is moving towards being a diversified precious-base metals producer with the signing of a preliminary agreement to acquire Australia’s Celsius Resources (ASX: CLA) in a stock-plus-cash…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Sonora police remove blockaders from Fresnillo’s La Herradura mine
Minera Penmont, a subsidiary of Fresnillo (LSE: FRS), announced that the Sonora police removed a number of blockades installed at different entry points of the company’s La Herradura operation located…
Lucara loses lustre as diamond production, sales disappoint
Lucara Diamond (TSX: LUC; BSE: LUC) has reported lower production and sales figures during the March quarter as mine sequencing and persisting soft market conditions weighed on the bottom line,…
Delta Resources shares soar after reporting bonanza gold grades in Ontario
Delta Resources (TSXV: DLTA) is closing in on a 52-week high on Friday following the release of bonanza-grade results from drilling at its Delta-1 gold project, located 50 km west…
Silver price surge set to continue on lower mine supplies, growing green demand
Global mined silver production has fallen 10% below the record highs of the past decade and underpins the recent price rally and potential further gains, new Bank of America analysis…
AngloGold to move primary listing, head office out of South Africa
AngloGold Ashanti (NYSE: AU; JSE: ANG; ASX: AGG) is transferring its primary listing to New York from the Johannesburg Stock Exchange (JSE), further cutting its ties to South Africa, the…
Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples
Glencore (LSE: GLEN) faces an uphill battle to buy Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) because of Canadian nationalism despite surging mergers and acquisitions in the critical minerals space. The…
Polymetal plans exile to Kazakhstan as Russia ties cause a London stink
Top-ten gold producer Polymetal (LSE: POLY) on May 10 proposed a plan to delist from the London Stock Exchange (LSE) and redomicile to the Astana International Financial Centre (AIFC) in…
Ivanhoe Electric buys private land by copper project in Arizona
Robert Friedland’s Ivanhoe Electric (TSX: IE; NYSE: IE) said on Thursday it will buy 6,205 acres of private land for US$120.5 million by its Santa Cruz copper project near Casa…