Lundin Gold eyes resource expansion at Fruta del Norte in Ecuador
Lundin Gold (TSX: LUG; OTC: LUGDF) has discovered a new mineralized zone south of its rich Fruta Del Norte (FDN) mine in southeast Ecuador, with recent drilling also confirming that…
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Industry scolds U.S. for mining ban in Minnesota wilderness area
The mining industry is criticizing a United States government decision to remove a large swath of northeastern Minnesota from development for 20 years even as the administration promotes critical minerals…
Weaker consumer confidence dents plug-in electric vehicle uptake, critical minerals briefing hears
Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Discovery Silver expands Cordero project output as costs limit returns
Discovery Silver’s (TSX-V: DSV, OTC: DSVSF) preliminary feasibility study on its Cordero project in northern Mexico expands output by 40% while increasing construction costs by nearly a quarter compared with…
Mexican court allows Fortuna Silver to keep mining at San Jose for now
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) reported Wednesday that the Mexican federal administrative court has granted a provisional injunction to allow the company’s San Jose mine to continue to…
Wesdome CEO resigns in surprise move after delayed projects, output
Wesdome Gold Mines (TSX: WDO) president and chief executive officer Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals. …
The Northern Miner Podcast – episode 327: Alcoa faces ‘challenging markets’ on higher input costs, lower European demand and uncertainty out of China
This week’s episode features highlights from Alcoa’s Q4 2022 conference call on Jan. 18, 2023. Chief executive officer Roy Harvey explains how high energy costs, China’s closure due to zero…
New Age Metals starts second phase drilling at Lithium Two in Manitoba
New Age Metals (TSXV: NAM; US-OTC: NMTLF) has commenced drilling on its Lithium Two project, part of its portfolio of early stage hard-rock lithium assets in Manitoba. The company plans…
McLaren intersects high-grade gold at McCool near Timmins
McLaren Resources (TSXV: MCL) has reported high-grade gold assays from drilling at its McCool property near Timmins in northeastern Ontario. Highlights include diamond drill hole MCC22-04, which cut 6 metres…
Vizsla Silver updates Panuco resource tonnage in Mexico by 50%
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has increased the indicated mineral resource tonnage by half at its Panuco silver-gold project in Sinaloa, western Mexico. The indicated mineral resource rose to 7.5 million tonnes grading…
SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp
SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper…