Vedanta to sell zinc assets for US$2.98 billion in cash
Multinational Indian miner Vedanta Ltd. (NSE: VEDL) is selling its zinc assets to a unit of the company, Hindustan Zinc, in a US$2.98 billion all-cash deal. Vedanta Ltd. and Hindustan…
Copper
Carmacks PEA lifts Granite Creek Copper shares
Yukon-focused explorer Granite Creek Copper’s (TSXV: GCX; US-OTC: GCXXF) Toronto-quoted equity closed in positive territory Thursday after it released strong initial economics for the Carmacks copper-gold-silver project. Located in the…
Talon Metals finds new nickel and copper zone several kilometres from Tamarack
Talon Metals (TSX: TLO; US-OTC: TLOFF) says it has found a new system of nickel and copper mineralization just 3.2 km from its Tamarack project in central Minnesota. Talon is…
Ero Copper reports record copper and gold production
Following a strong fourth quarter, Ero Copper (TSX: ERO; NYSE: ERO) boasts record annual production for 2022 at its Caraiba operations in Brazil’s northeastern Bahia state and its Xavantina operations in the country’s…
GoviEx sells Falea uranium project in Mali
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO; US-OTC: NDENF) in a $5.5 million cash and share deal….
Antofagasta meets 2022 guidance and releases 2023 forecast
Antofagasta (LSE: ANTO) produced 646,200 tonnes of copper at net cash costs of US$1.61 per lb. last year and forecasts this year it will produce 670,000 to 710,000 tonnes at…
Barrick on the backfoot as FY22 output misses guidance
Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold’s (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on…
CaNickel PEA gives Bucko Lake 13-year mine life
CaNickel Mining (TSXV: CML) has released results of a preliminary economic assessment (PEA) and mineral resource estimate on the company’s Bucko Lake nickel mine, outlining a 13-year project with average…
TSX, spot gold rise during Jan. 9-13 trading week
The S&P/TSX Composite Index rose 545.6 points or 2.75% to finish the Jan. 9-13 trading week at 20,360.10 and the S&P/TSX Global Mining Index gained 4.94 points or 4.25% to…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Northwest Copper shares jump on strong results from Kwanika
Northwest Copper (TSXV: NWST; US-OTC: NWCCF) shares surged 17% to 24.5¢ apiece in Monday afternoon trading in Toronto on assay results from its Kwanika copper-gold deposit near the town of…
Excelsior to test Rio Tinto’s Nuton copper tech in Arizona
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) has entered into a collaboration with Nuton LLC, a Rio Tinto venture, to evaluate the use of its Nuton copper heap leaching technologies at…