Extended lockdowns hit copper production
Peruvian copper mine Antamina, owned by BHP (NYSE: BHP; LSE: BHP) and Glencore (LSE: GLEN), has reported 210 positive cases of coronavirus and said the date to restart operations is…
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Rio Tinto boosts budget for Citadel copper project in Australia
Rio Tinto ( NYSE: RIO; LSE: RIO) will spend a further A$9.2 million (US$5.9 million) on exploration at the Citadel copper-gold project, a joint venture with junior Antipa Minerals (ASX:…
Silvercorp to buy Guyana Goldfields in $105M deal
Silvercorp Metals (TSX: SVM; NYSE: SVM) is buying Guyana Goldfields (TSX: GUY) in a $105 million (US$75 million) cash and stock deal that creates a diversified precious metals producer with…
Bluestone Resources closes $92M financing deal
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has raised $92 million in a bought deal financing to advance its flagship Cerro Blanco gold project in Guatemala. Under the agreement, a syndicate of…
Precipitate Gold turns to second property near Pueblo Veijo following Barrick deal
After signing a deal with Barrick Gold (TSX: ABX; NYSE: GOLD) to earn a 70% stake in its Pueblo Grande project in the Dominican Republic earlier this month, Precipitate Gold…
PNG refuses to extend mining lease for Barrick’s Porgera mine
Papua New Guinea (PNG) is set to take control of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Porgera mine after refusing to extend the company’s lease on environmental and social grounds,…
CIBC raises gold price forecast; shares top stock picks
CIBC is increasing its gold price forecast to US$1,725 per oz. in 2020 and US$1,800 per oz. in 2021, up from its previous estimates of US$1,600 per oz. for both…
GoGold drill results show ‘significant potential’ at Los Ricos
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has reported assay results from 12 drill holes at its Los Ricos South project in the Mexican state of Jalisco, 100 km northwest of…
Silver investment demand jumped 12% in 2019: report
Despite the challenges presented by the COVID-19 pandemic in forecasting silver market conditions over the rest of the year, extended physical demand could drive the metal’s price higher in 2020,…
Emissions to drop 6% this year due to pandemic: WMO
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not…
Canada Nickel’s Mark Selby sees Dumont-style deposit at Crawford
Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC…
The Northern Miner Podcast – episode 183: PDAC, biogeochemistry, AI and space mining, ft Carl A. Williams
This week’s episode features an interview with Northern Miner senior reporter Carl A. Williams, who discusses all things mining and science, including biogeochemical prospecting, artificial intelligence and space mining. He…