O3 Mining investor knocks Agnico offer
A minority shareholder in O3 Mining (TSXV: OIII) is urging Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to sweeten its all-cash offer for the company, saying the current proposal significantly undervalues…
Stock Markets/Investing
Lithium Argentina investors OK Canada exit
Lithium Argentina (TSX: LAAC) shareholders have approved the company’s plan to redomicile to Switzerland from Canada, seeking to retain a Chinese investor in the face of Ottawa’s concerns over resource ownership….
GoGold sees Los Ricos South permits in March
GoGold Resources (TSX: GGD; US-OTC: GLGDF) says a new feasibility study shows the Los Ricos South (LRS) project in Mexico would cost US$227 million to build and provide a 28%…
Robex extends Mali mine as it plans exit
Robex Resources‘ (TSXV: RBX) Nampala gold mine in Mali has enough new mineral reserves to extend its life by six months, according to an updated technical report. The mine in…
Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
SSR’s Turkey mine deaths blamed on design
SSR Mining (Nasdaq, TSX: SSRM; ASX: SSR), the third-largest U.S.-based gold miner, says an independent review shows a heap leach design flaw mostly likely killed nine workers at the Çöpler…
Standard Lithium, Equinor secure US$225M to develop Arkansas project
Standard Lithium (TSXV: SLI) announced on Thursday that it has closed a US$225-million grant from the U.S. Department of Energy to to support the stage-one construction of the South West…
First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
Antofagasta misses copper target, keeps guidance
Chilean miner Antofagasta (LSE: ANTO) reported on Thursday that its copper production for 2024 fell below company expectations, despite exceeding its total output for the previous year. The company, Chile’s…
Atlas to build NA’s first salt mine in decades
Atlas Salt (TSXV: SALT) says it plans to develop the Great Atlantic Salt (GAS) deposit in Newfoundland and Labrador into the continent’s first mine for the kitchen and winter road…
Hummingbird reaches $16.4M deal with Mali
Africa-focused Hummingbird Resources (AIM: HUM) announced on Wednesday it had reached an an agreement with Mali’s military-led government to operate the Yanfolila gold mine under the country’s new mining code. As part…
Arafura secures A$200M for Nolans rare earths project nearing build decision
Arafura Rare Earths (ASX: ARU) has secured a A$200-million ($180-million) investment from the Australian government’s National Reconstruction Fund Corp. to advance the A$2.8-billion capex Nolans rare earth project in the…