Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…
Copper
Drill challenges at Arctic won’t influence timeline, says Trilogy Metals
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) says lower than expected drilling productivity due to adverse weather and staffing shortages at its Arctic copper project in remote northwestern Alaska will not…
SolGold to cut back on exploration projects
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold…
TSX posts small gain, Aug. 30-Sept. 3
The S&P/TSX Composite Index rose 176.80 points or 0.86% to finish the August 30 to September 3 trading week at 20,821.40. The S&P/TSX Global Mining Index fell 0.92 points or…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…
RANKED: World’s ten biggest copper mining companies
Following the rampant surge in copper prices earlier this year, competition amongst miners to supply the metal vital to the green energy transition is fierce. Global copper supply is dominated…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Namibia top court hands Deep-South small win in battle for copper project
The company has successfully prevented anyone else from exploring its Haib copper project as battle over refused licence renewal continues.
Torex releases three-year guidance for ELG, Media Luna plans
Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City. The…
Ontario Snapshot: Eight companies to watch
Ontario is a world-class destination for the mining industry. Here’s a list of eight companies with interesting projects to follow. AURCREST GOLD AurCrest Gold (TSXV: AGO; US-OTC: TBMIF) is one…
LME launches digital sustainability passport for aluminum and other metals
The digital credential, known as the LMEpassport, stores electronic Certificates of Analysis (CoAs) or quality assurance documents based on a metal’s size, shape, purity and other characteristics.
Noront tells Wyloo to make its offer official
Noront Resources (TSXV: NOT) has responded to Wyloo Metals‘ increased offer of 70¢ per share by inviting the company to formally engage with it, and reminding shareholders that BHP‘s (NYSE:…