TSX falls during Sept. 19-23 trading week
Stocks were pummelled over the Sept. 19-23 trading period as investors fled, fearing a global recession brought on in part by central banks raising interest rates to quell inflation. The S&P/TSX…
Copper
Los Pelambres union urges workers to support strike action
The union at Antofagasta’s (LSE: ANTO) Los Pelambres copper mine in Chile has rejected the company’s most recent contract offer and launched a strike threat. In a media statement, the…
Glencore buys Newmont’s stake in Argentina copper-gold project
Mining and commodities giant Glencore (LSE: GLEN) is buying Newmont’s (TSX: NGT; NYSE: NEM) minority stake in the Argentinean MARA copper-gold project, a joint venture created in 2020 between the…
Prairies Snapshot: Eight companies to watch
Manitoba and Saskatchewan consistently rank top among the world’s premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS &…
Sierra Metals halts 2022 production and finance guidance on Peru mine blockade
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has…
Electra to refine cobalt in Ontario for LG as EV demand surges
Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America’s only cobalt refinery today, agreeing to supply LG Energy Solution of Seoul with about…
Talon Metals drills record nickel-copper intercept at Tamarack
Talon Metals (TSX: TLO) has received more encouraging results from drilling at its Tamarack nickel-copper-cobalt project in Minnesota, including assays for 17 holes drilled on the western side of the…
Moody’s downgrades mining sector outlook to negative
Credit rating firm Moody’s Investors Service said on Thursday it had changed its outlook for the global metals and mining industry from stable to negative as a global economic slowdown…
Callinex shares jump on strong copper intervals at Rainbow
Shares in Callinex Mines (TSXV: CNX) rose more than 15% today after the Vancouver-based company reported drilling results from its Pine Bay copper, gold, silver and zinc project in Manitoba. …
JV Article: Doré Copper Mining on track to develop Quebec’s first modern copper mine
These are exciting times for Canadian miner Doré Copper Mining (TSXV: DCMC; US-OTC: DRCMF) as the company looks to restart the prolific Chibougamau mining camp in northern Quebec, roughly 500…
JV Article: Battery Mineral Resources accelerates path to production at Punitaqui copper complex in Chile
When Battery Mineral Resources (TSXV: BMR; OTCQB: BTRMF) received recent public approval by the Chilean Environmental Assessment Service for the Environmental Impact Declaration for mining at Minera Altos de Punitaqui,…
Trevali CEO resigns after two managers convicted of involuntary manslaughter
Trevali Mining (TSX: TV)’s president and chief executive Ricus Grimbeek has left the company following a Burkina Faso court’s verdict that found two employees guilty of involuntary manslaughter. The convictions…