McFarlane Lake buys $30M Abitibi site from Aris
McFarlane Lake Mining (CSE: MLM; US-OTC: MLMLF) is acquiring what it considers to be “one of the largest undeveloped gold properties in Ontario” from Aris Mining (TSX: ARIS; NYSE-A: ARMN)…
Stock Markets/Investing
Dundee gets OK for Ecuador gold project
Dundee Precious Metals (TSX: DPM) has the full go-ahead to proceed with its Loma Larga underground gold project after the government of Ecuador granted the company its environmental licence for…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
Northern Dynasty in talks to settle EPA litigation
Shares of Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) were still up by about a quarter of their value after announcing a potential settlement on environmental issues to advance its…
South32 sells Cerro Matoso nickel mine
Australian miner South32 (NYSE: SOUHY; ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million (C$136 million). South32 has entered a…
Spanish Mountain PEA lifts both NPV and capex
Spanish Mountain Gold’s (TSXV: SPA; US-OTC: SPAUF) rescoped preliminary economic assessment (PEA) for its eponymous project in British Columbia’s Cariboo region boosts early cash flows but doubles upfront costs. Based…
Kinterra scores win in New World Copper takeover bid
Australia’s Takeovers Panel has blocked New World from issuing shares to CAML, giving Kinterra time to contest the deal.
Ero says Tucumã hits commercial copper output
Ero Copper (TSX, NYSE: ERO) said its Tucumã copper operation in Brazil achieved commercial production this week – though at least one analyst was left wondering if the company would…
‘Big beautiful’ U.S. bill would end crit-min tax credit
Legislation moving through the United States Congress could eliminate a key tax credit aimed at supporting domestic production of critical minerals, raising concern among mining companies and investors about the…
US Antimony aims to reboot Montana mine operations
United States Antimony (NYSE-A: UAMY) says it has been reacquiring mining claims next to its existing smelting operations in Montana this year and is now ready to reboot mine operations…
Faraday Copper jumps on BLM exploration plan approval
Faraday Copper (TSX: FDY; US-OTC: CPPKF) got the go-ahead from the Bureau of Land Management for the next phase of exploration at its Copper Creek project in Arizona. That pushed…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…