Perseus sells Montage Gold stake for $61M
Perseus Mining (ASX, TSX: PRU) has divested its equity stake in Canada’s Montage Gold (TSXV: MAU) for $61.4 million to help finance an investment in a Guinea gold project. The…
Stock Markets/Investing
Podcast: ‘The gold price action is not a Western story’, ft Canaccord Genuity’s Cam Currie
In this week’s episode, Cam Currie, senior investment advisor at Canaccord Genuity and founder of Currie Metals and Mining Group, joins host Adrian Pocobelli to analyze the recent surge in…
SQM profit falls 63%, sees more weak lithium prices
Chile’s SQM (NYSE: SQM), the world’s second-biggest lithium producer, reported a sharp 63% decline in quarterly profit on the back of slumping prices of the key metal used in the…
Brazil Potash plans IPO to fund US$2.5B Autazes project
The company has filed a preliminary prospectus for the offering with the US Securities and Exchange Commission.
E3, Pure Lithium advance battery plant plan to tap Alberta brine
E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) has extended its partnership with Pure Lithium to advance the design of an anode and battery pilot plant in Alberta as well as study…
Regis takes US$130M hit on Australian project in new heritage zone
Regis Resources’ (ASX: RRL), the third-largest gold miner on the ASX, says its McPhillamys project in Australia has lost almost all of its value after the federal government issued an…
Oroco boosts economics at Santo Tomas copper project in Mexico to lead peers
Oroco Resource (TSXV: OCO; US-OTC: ORRCF) says a new study makes its Santo Tomas copper project in western Mexico one of the world’s most capital-efficient by hiking its value 23% while…
Electra surges on US$20M Washington funding for Ontario cobalt refinery
Electra Battery Materials’ (TSX-V: ELBM; NASDAQ: ELBM) shares jumped 40% Monday on news it received US$20 million from the United States’ Department of Defense (DoD) to help develop its cobalt…
Euro Manganese shares jump after offtake deal with US cathode specialist
The seven-year deal will account for a “significant percentage” of Chvaletice manganese production.
Regis Resources says Australian project ‘not viable’ after minister’s order
Australian gold miner Regis Resources (ASX: RRL) warned on Monday that its McPhillamys project is “not viable” due to a last-minute environmental protection declaration by the federal government. The company…
Video: EMX Royalty touts record cash flows as portfolio matures
EMX Royalty (TSXV: EMX; NYSE-AM: EMX) has changed from prospect generator to cash generator, reporting a record US$37 million in revenue last year, CEO David Cole says. This growth is…
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector, with further consolidation still ahead,…