US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81. Leading value gainer for…
Silver
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town hall held in the town…
Global Exploration Snapshot: Eight companies to watch
While the search for new gold deposits across the world never lets up, explorers are picking up the pace seeking out critical minerals. Here’s a glimpse of eight companies exploring for precious and…
Strategic Metals reports high-grade copper, cobalt and gold mineralization in Yukon
Strategic Metals (TSXV: SMD) has announced high-grade results from its Batt property in southwestern Yukon. Its wholly-owned site covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein and fracture hosted,…
Fireweed Metals increases Lundin-backed financing, stock hits 52-week high
Due to strong investor interest, Yukon-focused critical minerals explorer Fireweed Metals‘ (TSXV: FWZ; OTC: FWEDF) says it will increase its previously announced financing to about $35 million. Earlier in the…
HighGold stock rises on best intersection drilled at JT deposit in Alaska
HighGold Mining (TSXV: HIGH, US-OTC: HGGOF) has reported assay results from four infill and expansion drill holes completed at the JT deposit, part of the company’s Johnson Tract polymetallic project…
Metalla buys First Majestic Silver royalty portfolio
Self-styled royalty consolidator Metalla Royalty & Streaming (TSXV: MYA; NYSE-AM: MTA) has signed a deal to acquire a portfolio of eight precious metals royalties from First Majestic Silver (TSX: FR;…
Austral Gold sells Pinguino project in Argentina to ASX-listed E2 Metals
Austral Gold (TSXV: AGLD; ASX: AGD) is selling its Pinguino polymetallic project in Argentina to E2 Metals (ASX: E2M) for US$10 million in cash and shares, the companies said on…
‘Intransigent’ creditors scuttle sale of Great Panther’s Coricancha, says would-be buyer Newrange
Great Panther Mining (US-OTC: GPLDK) and Newrange Gold (TSXV: NRG) have called off a planned share purchase agreement that would have seen Newrange take full control of the Coricancha gold-silver-lead-zinc-copper mine in Peru. The…
Atalaya Mining stock rises on new discoveries from regional exploration in Spain
Atalaya Mining (TSX: AYM) shares took off on Friday morning following the latest update on its regional exploration program in southern Spain, which included a potential new massive sulphide discovery…
RANKED: World’s top 10 biggest mines by ore throughput in 2022
The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry….
Crypto’s Bre-X moment means regulations are finally on the way
There’s got to be a sense of schadenfreude in some circles of the mining business watching the implosion of FTX this month. Somehow, cryptocurrencies have competed with the mining sector…