‘Capital markets are collapsing,’ PDAC’s Killeen says
Jeff Killeen, PDAC’s director of policy and programs, sat down with The Northern Miner podcast host Adrian Pocobelli ahead of the 93rd edition of the Prospectors & Developers Association of…
Stock Markets/Investing
PDAC: How size, location affect investor picks
Big discoveries trump jurisdictional issues but sometimes case by case analysis turns that on its head, Scotiabank’s mining and metals investment team leader told a session at the Prospectors &…
Fourth-largest gold producer due for IPO
The biggest gold company you may never have heard of — may, because The Northern Miner did cover it at length two years ago — could be heading towards an…
Policy paralysis leaves B.C. mining with $38B in limbo, EY report finds
British Columbia’s grassroots exploration sector faces a structural shift as flagship projects mature and early-stage exploration funding dries up, a new survey found. Exploration spending dropped 14% to $552 million…
Implats mulls shutting Ontario palladium mine
South African miner Impala Platinum (JSE: IMP; US-OTC: IMPUY) may close its Canadian palladium mine earlier than planned after prices for the metal used in gasoline vehicles have plummeted more than…
First Atlantic Nickel shares soar on discovery
First Atlantic Nickel (TSXV: FAN; OTCQB: FANCF) soared to its highest in over two years after a new high-grade discovery was made at the company’s district-scale project in central Newfoundland….
Sibanye dumps $490M lithium investment
South African precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has scrapped its planned investment in the Rhyolite Ridge lithium-boron project in Nevada due in part to weak prices for…
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the battery metal’s price from historical…
Allied Gold nets nearly $500M from UAE for Mali
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Exploding fire extinguisher kills Fortuna miner
Canadian precious metals miner Fortuna Mining (TSX: FVI; NYSE: FSM) reported Tuesday the death of a contracted employee at its Séguéla gold mine in Côte d’Ivoire, following an incident involving…
Ivanhoe expands Makoko copper deposit in DRC
Africa-focused Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has pushed its Makoko copper deposit past 13 km in strike length and found fresh high-grade copper at Kitoko, it said Monday in…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…