Newmont sells Éléonore mine in Quebec for US$795M
The miner said the deal and other 2024 sales will raise $3.6 billion.
Stock Markets/Investing
Calibre strikes high-grade gold near Valentine mine build as production nears
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has found gold a kilometre from its Valentine mine in Newfoundland, just months before production is expected to start. The grades are 40% higher…
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
Filo expands copper-gold Aurora Zone in Argentina amid $4.1B sale
Filo Corp. (TSX: FIL) said Friday new drill results from its Filo del Sol project in Argentina add scale and grade. The results come as the company works to complete…
Artemis nears initial pour at Blackwater, BC’s first gold mine since 2017
Artemis Gold (TSXV: ARTG) says its Blackwater mine in central British Columbia is now in the final stages of construction and commissioning, tracking towards its scheduled first gold pour by the end…
Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
Solaris Resources (TSX: SLS; NYSE: SLSR) has hired Glencore’s (LSE: GLEN) former head of copper as its new CEO and advanced plans to move its office to Switzerland from Canada…
Marimaca eyes ASX dual listing to boost Chile project
Marimaca Copper (TSX: MARI) has begun the process to dual list on the Australian Securities Exchange, a strategic move to boost growth and access to capital as it advances its…
Troilus offered US$1B in European loan guarantees
Troilus Gold (TSX: TLG) has inked preliminary deals for US$1 billion in loan guarantees from Germany, Sweden and Finland to help restart a former copper and gold mine in Quebec. …
Gold looks good on Trump tariffs, tax cuts
Donald Trump’s presidential win is likely to be gold positive in the medium term, according to John Reade, chief market strategist for the World Gold Council. The potential for higher…
Permitting delays impact BC projects valued at $38B, AME says
British Columbia’s exploration sector has over 60 critical mineral projects waiting for permits. It’s a $38-billion pileup of economic opportunities, some waiting indefinitely, Association for Mineral Exploration (AME) president and…
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
Osisko Metals shares rise on Gaspé copper resource boost
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gaspé copper project, near Murdochville, Que., that increases contained copper-equivalent pounds by…