Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Stock Markets/Investing
Northern Dynasty gets Pebble court dates
Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) has secured its first detailed court schedule in months for its long-running dispute with U.S. authorities over one of the world’s largest undeveloped…
Barrick sells Chile gold project to Boroo for $50M
Barrick Mining (NYSE:B; TSX:ABX) is selling its Alturas gold project in Chile to a Singapore-based unit of Boroo for $50 million (C$69 million) in cash, plus a 0.5% net smelter…
Minera Alamos buys Equinox’s Nevada assets for $115M
Minera Alamos (TSXV: MAI) agreed to buy some Nevada assets from Equinox Gold (TSX: EQX; NYSE-A: EQX), a move that it says will provide cash flow to support the company’s…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
OceanaGold hits new high as gold prices lift Q2 results
OceanaGold (TSX: OGC; OTCQ-X: OCANF) set a new all-time high on Thursday after the company reported record quarterly profit and revenue thanks to rising gold prices. Shares of OceanaGold rose…
Rio Tinto OKs $180M expansion at Amrun bauxite mine
Rio Tinto (ASX, LSE: RIO) has approved a $180-million investment in the Norman Creek bauxite project on Queensland’s Cape York Peninsula, aiming to unlock nearly half of the 978 million…
Glencore says DRC cobalt stockpile has ‘no impact’
Glencore (LSE: GLEN), the world’s second-largest cobalt producer, says its growing stockpile of unsold cobalt won’t materially affect the company as it contends with export restrictions in the Democratic Republic…
Site visit: PLS now runs world’s biggest hard-rock lithium resource
Australia’s PLS (ASX: PLS), formerly Pilbara Minerals, has increased the resource at its Pilgangoora lithium operation in Western Australia by nearly a quarter through gains in tonnage and grade, overtaking…
SSR Mining soars on strong earnings beat
SSR Mining (Nasdaq, TSX: SSRM), the third-largest U.S.-based gold miner by output, soared to its highest share price in nearly two years on Wednesday after reporting second-quarter results that incorporated…
NexGen doubles uranium sales ahead of Rook I OK
NexGen Energy (TSX, NYSE: NXE; ASX: NXG), advancing the largest development-stage uranium deposit in Canada, said Wednesday it has secured a major new offtake contract with a large U.S.-based utility. …
The Metals Co. posts first deep-sea resource
The Metals Company (Nasdaq: TMC) has released a prefeasibility study and a resource — the first of its kind — for its seabed mining plans that show a potential return…