Rio2 gets lift on permits for Fenix gold mine in Chile
Rio2 (TSXV: RIO; US-OTC: RIOFF) shares traded as much as 11¢ or 17.7% higher today after it said it’s received the final permits needed to begin construction at its Fenix…
Precious Metals
Iamgold closer to buying back 9.7% stake in Côté gold mine
Iamgold (TSX: IMG; NYSE: IAG) is a step closer to buying back the 9.7% interest in its Côté gold mine in Ontario from Sumitomo Metal Mining, after issuing a 60-day…
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…
Aussie investors buy Yorbeau’s Rouyn gold project for $25M
Quebec-focused explorer Yorbeau Resources (TSX: YRB) is selling its flagship Rouyn gold property to a group of Australian investors for $25 million — a move that it says will help…
Video: New commodity supercycle to lift gold, copper and uranium stocks, fund manager says
Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview. Latif, the chief investment officer at Texas-based Sarmaya Partners,…
Teck steps into Ring of Fire with Canterra option
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) has made its first step into Ontario’s Ring of Fire. The Vancouver-based major has entered into an option agreement with Canterra Minerals…
Barrick negotiates with Mali junta as it arrests four
Barrick Gold (TSX: ABX; NYSE: GOLD) said it was negotiating financial terms with the Malian government after authorities arrested four employees of its Loulo-Gounkoto mine. “Details of the agreement, based in…
Quebec snapshot: Eight companies seeking gold, base metals, lithium and more
Quebec has a rich mining history and prospective geology for precious and base metals, critical minerals and more. Just as important, the provincial government offers an array of incentives to…
JV video: Alamos Gold eyes 80% growth, mostly from within portfolio, CEO says
After digesting a series of acquisitions made at lower gold prices, Alamos Gold (TSX: AGI; NYSE: AGI) president and CEO John McCluskey says the company aims to grow production by…
Asante Gold raises US$100M from mystery investor to grow Ghana mines
Asante Gold (CSE: ASE) has secured US$100 million ($136 million) through the sale of shares to a strategic investor, which it will use to fund growth and development at its…
Quebec to become ‘anchor’ for Gold Fields diversification strategy, CEO says
Gold Fields‘ (NYSE: GFI; JSE: GFI) $2.2-billion Osisko Mining (TSX: OSK) buy, set to close before year-end, will help balance the South African company’s aging assets in Ghana and Peru,…
How mining figures in the BC election
The NDP and Conservative parties vying to govern British Columbia agree critical minerals projects need to be fast-tracked through permit stages. This week they released their platforms on mining. Premier…