Canadian miners drive value in TSX Top 30 rankings
Seven out of the 30 companies on the Toronto Stock Exchange’s TSX30 list, which ranks the top-performing stocks over three years, are in the mining sector. While the industry at…
Silver
BC Supreme Court rules Mineral Tenure Act not addressing Indigenous consultation duty
First Nations leaders praised the British Columbia Supreme Court’s recent ruling that the province must consult with Indigenous groups before granting mineral claims, upholding the Crown’s duty to consult. The…
Idaho gold rush: These 3 companies work towards near-term production
A 21st-century gold rush is unfolding in Idaho — a state that, historically, has been overshadowed by its U.S. northwest neighbours’ rich mining legacies. Now emerging as an epicentre for…
New Pacific shares drop on news it’s raising $35M for Bolivia projects
Shares in New Pacific Metals (TSX: NUAG; NYSE: NEWP) dropped to their lowest level in months on Tuesday following the announcement it was raising $35 million to advance its Silver…
Fortuna Silver boosts presence in West Africa with Chesser buy
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has expanded its footprint in West Africa after completing the acquisition of Australian gold junior Chesser Resources. In the deal announced in May,…
Sierra Metals puts Cusi silver mine up for sale as it pivots to copper
Sierra Metals (TSX: SMT) is placing its Cusi silver mine in Mexico on care and maintenance and has started the process to sell the mine amid the company’s shift towards…
US government mulls 50-year mining ban in northern New Mexico
The US government is proposing to ban mining and oil drilling in northern New Mexico for up to 50 years as part of the Biden administration ongoing efforts to protect Native…
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
Adriatic Metals to begin silver production in Bosnia in November
Adriatic Metals (LSE: ADT1; ASX: ADT) said on Monday that it’s ready to kick off production at its Vares silver project in central Bosnia in November, which will make the…
First Majestic shares rise as it gets into the minting business
Shares of precious metals producer First Majestic Silver (TSX: FR; NYSE: AG) were up 5% on Friday after it announced it has opened a 100%-owned and operated minting facility in…
Gold Fields cuts production targets in Chile on project delay
Shares in Gold Fields (NYSE: GFI; JSE: GFI) took a hit on Friday after the South African miner said it will pour first gold at its Salares Norte project in…
Beaver Creek: Wide disconnect between equities and commodity prices offers buying opportunity
The discrepancy between mining company valuations and commodity prices is at its worst levels in decades, the Precious Metals Summit in Colorado heard this week. “This is probably the worst…