Serabi, Vale to jointly explore for copper in Brazil
The JV will explore Serabi’s Matilda prospect and other targets within the Tapajos region of Brazil, within its Palito Complex.
Copper
Canadian group led by Lassonde plans to buy Teck’s coal mines
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, jumped on Tuesday on news that a consortium led by mining veteran Pierre Lassonde had proposed to buy…
SSR Mining adds 40% stake in ‘world-class’ Hod Maden project in Turkey to portfolio
SSR Mining (TSX: SSRM; NASDAQ: SSRM ASX: SSR) Tuesday after adding another “world-class” project in Turkey to its development pipeline, and potentially, its fifth producing asset. On Monday, the Canadian…
American Eagle shares soar on Teck investment updraft
American Eagle Gold (TSX: AE; US-OTC: AMEGF) shares jumped nearly 50% on Monday on news that Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) is buying a 15% stake in the British…
TSX Venture ekes out a gain during May 1-5 trading week
The S&P/TSX Venture Composite Index inched 2.02 points or 0.3% higher over the May 1-5 trading session to close at 615.4. Sigma Lithium led the charge among value gainers, which…
TSX gold miners rise over May 1-5 trading week
Over the May 1-5 trading period, the S&P/TSX Composite Index shed 94.51 points or 0.46%, to close at 20,542.03. The S&P/TSX Global Mining Index gained 1.79 points or 1.58% to…
Barrick on the hunt for new mines, not deals, CEO says
Barrick Gold’s (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow says he is searching for more gold and copper assets to add to the company’s portfolio, but not necessarily through…
RANKED: Top 10 new copper projects by mine life
Demand for copper, an economic indicator in itself because of its widespread use in wiring and plumbing, is expected to vastly expand as the world transitions to greener energy to…
Faraday Copper PEA ‘scratches the surface’ with a US$2.7B, 32-year Copper Creek plan
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has released a preliminary economic assessment (PEA) outlining a long-life project at its Copper Creek project in southern Arizona that could produce 51,100 copper-equivalent…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Clean Air Metals shares rise on new Thunder Bay North resource
Clean Air Metals‘ (TSXV: AIR; US-OTC: CLRMF) shares ended the day 14% higher after the junior posted an updated resource for its Thunder Bay North critical metals project, where it’s…
Oroco rises on ‘robust’ copper resource at Santo Tomas in Mexico
Shares in Oroco Resource (TSXV: OCO; US-OTC: ORRCF) gained after the explorer said a deposit estimate for the Santo Tomas copper project in northwest Mexico “significantly” expands on 1990s studies. The…