TSXV registers a gain during Mar. 20-24 trading week
The S&P/TSX Venture Composite Index increased 6.8 points or 1.1% over the Mar. 20-24 trading session, ending at 611.88. The week’s top value gainer was Houston, Texas-based Itafos, which closed…
Copper
US indices inch higher during Mar. 20-24 trading week
The Dow Jones Industrial Average gained 604.76 points or 1.89% and the S&P 500 closed 72.15 points or 1.6% higher at 3,979.15 over the Mar. 20-24 trading week. Mexico and…
Mexico okays Pan American Silver-Yamana Gold deal
Mexico’s antitrust authority Cofece has approved Pan American Silver‘s (TSX: PAAS; NASDAQ: PAAS) acquisition of all issued and outstanding common shares of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), which…
Panama launches public consultations on new contract with First Quantum Minerals
The Panamanian government launched a 30-day non-binding public consultation process related to the contract it signed with First Quantum Minerals (TSX: FM), the operator of the Cobre Panama mine. Following…
Video: Patricia Mohr outlines Canada’s key advantages in the critical minerals space
Canadian Mining Journal Editor-in-Chief Tamer Elbokl spoke with economist, founder of the publication Critical Metals for a Sustainable World, and former vice-president with Scotiabank, Patricia Mohr at PDAC 2023 in…
Mitsubishi to buy 5% stake in Western Copper to advance Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan’s Mitsubishi Materials to advance the company’s Casino copper-gold project in Yukon towards development. Mitsubishi…
WoodMac expects steel, aluminum and copper to benefit most from renewed Chinese growth
A new report by market analyst Wood Mackenzie argues that steel, aluminum, and copper stand to benefit most from an uptick in China’s gross domestic product growth this year. WoodMac…
Chile’s top steel producer bets on green hydrogen
Chile’s top steel producer CAP is developing a green hydrogen pilot plant to decarbonize steel production at its unit in the south-central Talcahuano city, located about 500 km from capital…
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…
Newmont said to be mulling sweetened bid for Newcrest
Newmont Mining (TSX: NGT; NYSE: NEM), the world’s largest gold producer, may be preparing a sweetened takeover offer for Newcrest Mining (TSX: NCM; ASX: NCM), which rejected the miner’s unsolicited…
Chile open to modify copper royalty bill on miners objections
Chile’s government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the…
Peru exploration in 2023 focused on copper, gold and zinc
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of…