Torex Gold’s mining suspension in Mexico lifted
Torex Gold Resources (TSX: TXG) can resume work at its Morelos mine after Mexico’s Director General of Mines lifted its temporary suspension on Wednesday. The company was ordered to suspend…
Gold
London Symposium Video: Rick Rule predicts soaring gold prices amid US fiscal imbalance
Veteran resource investor Rick Rule foresees a significant surge in gold prices, citing the unsustainable fiscal path of the United States, he told an industry event in London. Rule pointed…
Skeena’s Eskay Creek bulk sample permit unlocks US$200M in gold project funding
Skeena Resources (TSX: SKE; NYSE: SKE) can proceed with a 10,000-tonne bulk sample and infrastructure construction at its Eskay Creek gold project in northwestern British Columbia under a new permit that…
London Symposium Video: ESG needs realistic overhaul, O’Toole says
American voter backlash against environmental, social and governance (ESG) principles threatens Canada’s mining industry and its role in the continent’s emerging clean energy supply chain, the former head of the…
Miners navigate high risks, ransoms in West Africa
Mali’s military government is trying to arrest the CEO of the world’s second-largest gold company while the junta in Niger has tightened its stranglehold on a French state-owned uranium mine….
Hummingbird Resources sold to Nioko Resources in £13.8M cash deal
Nioko Resources, a subsidiary of creditor CIG, on Monday agreed to buy Hummingbird Resources (AIM: HUM) in an all-cash deal worth about £13.8 million. Nioko, which owns 41.81% of debtor…
Canadian Critical Minerals confirms 10.4% in XXIX Metal Corp.
Canadian Critical Minerals (TSXV: CCMI; US-OTC: RIINF) now has a 10.4% stake in XXIX Metal Corp. (TSXV: XXIX), which controls two of the largest copper projects in Eastern Canada, CCMI confirmed…
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…
London Symposium Video: Quebec mining investment on the rise thanks to government support, panel hears
Quebec attracts substantial mining investment thanks to strong government support, a well-developed critical minerals strategy and innovative technologies, an industry panel heard this month in London. That enables companies like…
Court approves $105M borrowing to fund Yukon Eagle mine cleanup
A court has raised PricewaterhouseCoopers’ (PwC) borrowing limit to $105 million to fund the cleanup of Victoria Gold’s Eagle mine in Yukon as costs are said to range from $100…
London Symposium Video: Sustainability innovations are reshaping mining, London panel hears
A renewed focus on sustainable industry is driving innovation to achieve it, a panel heard early this month in London. Dundee Sustainable Technologies (CSE: DST) vice president Brent Johnson spoke…
O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about $204 million. The…