TSX tumbles, Nov. 22-26
The S&P/TSX Composite Index fell 1.99% or 429.10 points to finish the November 22-26 trading week at 21,125.90 points. The S&P/TSX Global Mining Index was down 0.76% or 0.76 points…
Nickel
TSX Venture drops, Nov. 22-26
The S&P/TSX Venture Composite Index fell 4.96% or 49.28 points to 944.05 during the November 22-26 trading week. Spot gold dropped US$57.80 per oz. or 3.13% to finish the wee…
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
Canada Nickel expands footprint in Ontario with 13 new properties
Canada Nickel Company (TSXV: CNC) has concluded 18 separate transactions resulting in the outright acquisition or earn-in to 13 additional properties within a 95 km radius of the company’s flagship…
London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
BHP extends Noront bid deadline amid talks with Wyloo
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources’ (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of…
The charging infrastructure needed to boost EV adoption – report
In a new insight published by McKinsey & Company, Frank Mühlon, president of the e-mobility division of ABB, and Giovanni Palazzo, president and CEO of Electrify America, said that nowadays…
Top 10 mines with world’s most valuable ore
In mining, grade is king.
Sherritt plans to expand Cuban nickel mine
Sherritt International (TSX: S) is making plans to expand production and lengthen the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and…
BHP in talks with Wyloo over Noront takeover
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has begun talks with Australian billionaire Andrew Forrest’s Wyloo Metals concerning the imminent takeover of Canada’s Noront Resources (TSX-V: NOT), as part of…
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…