TSX drops during May 15-19 trading week
Stocks ended the May 15-19 trading period with a modest drop as investors considered drawn-out negotiations about the U.S. government’s debt ceiling while Canadian and U.S. April retail sales landed…
molybdenum
Oroco rises on ‘robust’ copper resource at Santo Tomas in Mexico
Shares in Oroco Resource (TSXV: OCO; US-OTC: ORRCF) gained after the explorer said a deposit estimate for the Santo Tomas copper project in northwest Mexico “significantly” expands on 1990s studies. The…
Army gives glimmer of hope for Pebble copper-gold project in Alaska
The United States Army is improving the slim odds for the Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) Pebble project in southwest Alaska which has already been blocked by environmental…
Far North Snapshot: Eight companies exploring for gold, critical minerals and more
The Far North contains a wealth of minerals, and although remote, many Far North regions have a rich history of mining. Here’s a glimpse of eight companies advancing some of…
Lundin Mining pays $950M for controlling stake in Chilean copper mine
Lundin Mining (TSX: LUN) is buying a majority stake in the Caserones copper-molybdenum mine in Chile for about US$950 million, adding to a flow of deals as miners seek to…
Global Exploration Snapshot: Eight companies seeking base, precious and energy metals
From Botswana to Ecuador, Spain and Jamaica – it may sound like a travel destination bucket list, but these are just some of the places these eight juniors are exploring…
Los Andes Copper prefeasibility for Vizcachitas outlines ‘Tier 1 asset’
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has completed a positive prefeasibility study for its 100% owned Vizcachitas project in Chile, highlighted by a US$2.8-billion post-tax net present value using…
Torex Gold picks up the pace on Media Luna build
Torex Gold (TSX: TXG) plans to invest between US$390 million and US$440 million in its flagship Media Luna gold project in Mexico this year to speed up development, with commercial production anticipated in…
Exclusive video: Stuhini CEO on molybdenum’s ‘dramatic’ price move and the Ruby Creek project
Stuhini Exploration’s president and CEO Dave O’Brien says molybdenum, which has seen a recent price rise, is the ‘canary in the coal mine’ for mining sector shortages to come. O’Brien…
U.S. agency blocks Northern Dynasty’s Pebble project in Alaska
Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) contentious Pebble project in southwest Alaska is on the rocks again after the Environmental Protection Agency denied environmental approvals. The EPA on…
Osisko Metals drills wide copper intercepts at historic mine in Quebec
Drilling towards the northwest under the past-producing pit at the Gaspe copper project in Quebec returned 1,011 metres grading 0.46% copper, 3.19 grams silver per tonne and 0.02% molybdenum from…
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…