Osisko says new assays extend Gaspé deposit’s depths
Canadian mine developer Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its Gaspé copper project in Quebec extended the deposit’s vertical depths to almost 1,000 metres. The stock…
Stock Markets/Investing
Los Andes leak nixes CEO’s cabinet post in Chile
The former CEO of Los Andes Copper (TSXV: LA; US-OTC: LSANF) won’t become Chile’s new Minister of Mines following a communications mix-up. CEO Santiago Montt said Tuesday he had submitted his resignation…
Liberty Gold says Idaho project gets FAST-41 nod
Liberty Gold (TSX: LGD; US-OTC: LGDTF) said its past-producing Black Pine gold project in southeastern Idaho has joined the FAST-41 federal government program to quicken permitting. The stock surged. Black…
US streamlines permitting for deep-sea miners
The Trump administration has adopted new rules slashing the permitting process for deep-sea mining in half. Effective immediately, the two-step process of getting an exploration license and then a commercial…
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Fortuna lifts Côte d’Ivoire gold ounces, extends mine life
Canadian miner Fortuna Mining (TSX: FVI; NYSE: FSM) extended the projected life of its Séguéla property in Côte d’Ivoire as it reported a 31% increase in gold reserve ounces. Séguéla…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Sibanye’s Keliber lithium plant due within weeks
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says it’s on track to complete construction and cold commissioning of its Keliber lithium project in Finland this quarter. The €783-million (C$1.23-billion) capital cost Keliber…
Montage moves up Côte d’Ivoire gold pour
Canadian developer Montage Gold (TSX: MAU, US-OTC: MAUTF) is advancing first production at its flagship Koné project in Côte d’Ivoire by six months after construction crews made faster-than-expected progress. The…
Indonesia quota cut keeps nickel above $17,500
Nickel prices held above $17,500 (C$24,270) a tonne on Monday after Indonesia said last week it would cut next year’s nickel ore mining quota by about a third in a…
Lupaka may seize Peru assets over $67M ruling
Lupaka Gold (TSXV: LPK) may consider seizing Peruvian state-owned assets unless the South American government pays the company its arbitration award, chairman Gordon Ellis told Bloomberg. In June, the Canadian…
Petra’s 42-ct blue diamond sparks hope for miners
Africa-focused Petra Diamonds (LSE: PDL) has unearthed an ultra-rare blue diamond weighing just under 42 carats at its Cullinan Mine in South Africa, a discovery that could sell for as…