TSX rises, Nov. 8-12
The S&P/TSX Composite index rose 312.70 points or 1.46% to finish the November 8-12 trading week at 21,768.50. The S&P/TSX Global Mining Index gained 5.97 points or 6.12% to 103.55…
Copper
Australia’s crush on Canada
Newcrest Mining, Australia’s largest gold producer, will soon become the biggest gold producer in the Canadian province of British Columbia once its $3.5 billion (US$2.8 billion) acquisition of Pretium Resources…
US Southwest Snapshot: Eight companies to watch
The southwestern United States has a long history of mining and remains one of the nation’s top mineral regions. The region has good infrastructure, an established regulatory and permitting regime…
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
HudBay expands drill program at Copper World in Arizona
Drilling at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Copper World project in Arizona this year has identified three new deposits bringing the total number to seven, with a combined strike…
Capstone’s Pinto Valley mine fully permitted to 2039
Capstone Mining (TSX: CS) has received final approvals from the U.S. Forest Service for a new mine plan for the Pinto Valley copper mine 125 km east of Phoenix, Arizona….
BHP in talks with Wyloo over Noront takeover
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has begun talks with Australian billionaire Andrew Forrest’s Wyloo Metals concerning the imminent takeover of Canada’s Noront Resources (TSX-V: NOT), as part of…
Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Peru central bank warns against anti-mining protests
A rising wave of anti-mining protest in Peru, which has paralyzed several operations in the world’s second largest copper producing country in the last few months, is already affecting investors’…
Orford Mining partners with Wyloo Metals to explore West Raglan in Quebec
Well before Wyloo Metals began its fight with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for Noront Resources (TSXV: NOT), the Australian company signed a definitive agreement with Toronto-based junior…
TSX Venture Exchange climbs, Oct. 25-29
The S&P/TSX Venture Composite Index rose 1.59 points or 0.17% to finish the October 25-29 trading week at 950.43. Spot gold climbed US$8.50 per oz. or 0.47% to US$1,784.30 per…