London Symposium: Rule, Roosen call for smarter junior mining investment
“No one ever won the Kentucky Derby with the best jockey on a donkey,” Osisko Development (TSXV: ODV; NYSE: ODV) founder and CEO Sean Roosen told an industry event last…
Stock Markets/Investing
GoviEx initiates arbitration against Niger in uranium permit dispute
GoviEx Uranium (TSXV: GXU; USOTC: GVXXF) is going to arbitration with Niger for revoking its permit on the feasibility-stage Madaouéla project, one of the world’s largest uranium developments. Niger’s military…
Germany to backstop Savannah’s spodumene lithium project in Portugal
Germany’s export credit agency Euler Hermes has signed a non-binding letter of interest for a project finance loan guarantee of up to US$270 million for Savannah Resources (LSE: SAV) to…
Torex Gold plunges after gas leak kills three at Mexican underground mine
Torex Gold Resources (TSX: TXG) says a fatal carbon monoxide gas leak at its El Limón Guajes (ELG) underground mine in Guerrero state, Mexico has claimed the lives of three…
SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor deal
The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
Iamgold (TSX: IMG; NYSE: IAG) shares fell Thursday after it cut 202,300 oz., or 17%, off the December 2023 Westwood Complex reserve estimate in Quebec. The downgrade follows new classification…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
G2 Goldfields advances G3 spin-out of Guyana assets
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) plans to seek shareholder approval to spin out its non-core Guyanese assets into a new company, G3 Goldfields, as an updated resource for its…
Madagascar lifts suspension on Energy Fuels’ critical minerals project
Madagascar has lifted its suspension on Energy Fuels‘ (TSX: EFR; NYSE: UUUU) Toliara critical minerals project, aiding the company’s diversification from uranium as it restarts development on what could be…
Blue Moon acquires two brownfield copper projects in Norway for US$67M
Blue Moon Metals (TSXV: MOON) (OTCQB: BMOOF) says it’s buying two former copper-producing assets in Norway to diversify from its zinc project in California while emphasizing near-term output. The Vancouver-based…
Far north Tombstone Belt gains exploration traction with Cantex, Rackla progress
The Eastern Tombstone Belt in the Yukon and Northwest Territories is gaining momentum as Cantex Mine Development (TSXV: CD; OTCQB: CTXDF), Rackla Metals (TSXV: RAK), and Fireweed Metals (TSXV: FWZ;…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…