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…
base metals
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;…
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…
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…
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at eight projects in Africa, Eastern…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Vale and China’s GEM say new, US$1.4B Indonesian nickel plant will be net zero
The plant will process nickel laterite ore from the Vale unit into 66,000 tons of mixed hydroxide precipitate annually.
How oil and gas will fare in the Trump era
Trump is back, and the threat of tariffs looms large over China’s economy. On Wednesday, base and precious metal prices took a dive. Resource markets are deeply concerned about Trump’s…
Private equity deals in mining tumble by half in 2024 – S&P
Private equity and venture capital transactions in the global metals and mining industry dropped sharply this year after reaching a five-year record last year, S&P Global Market Intelligence says. Total…
BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.
Quebec snapshot: Eight companies seeking gold, base metals, lithium and more
Quebec has a rich mining history and prospective geology for precious and base metals, critical minerals and more. Just as important, the provincial government offers an array of incentives to…