MMG shuts Las Bambas copper mine amid Peru protests
China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world’s second largest producing nation of the metal, on care and maintenance due to ongoing…
Silver
US markets post gains over Jan. 23-27 trading week
The Dow Jones Industrial Average advanced 602.59 points or 1.81% to finish the Jan. 23-27 trading week at 33,978.08 and the S&P 500 rose 97.95 points or 2.47% to 4,070.56….
TSX moves higher during Jan. 23-27 trading week
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
TSX Venture edges lower during Jan. 23-27 trading
The S&P/TSX Venture Composite Index was little changed over the Jan. 23-27 trading period, losing 1.8 points to end at 622.01. American Lithium gained 64¢ a share during the week,…
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Discovery Silver expands Cordero project output as costs limit returns
Discovery Silver’s (TSX-V: DSV, OTC: DSVSF) preliminary feasibility study on its Cordero project in northern Mexico expands output by 40% while increasing construction costs by nearly a quarter compared with…
Mexican court allows Fortuna Silver to keep mining at San Jose for now
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) reported Wednesday that the Mexican federal administrative court has granted a provisional injunction to allow the company’s San Jose mine to continue to…
Vizsla Silver updates Panuco resource tonnage in Mexico by 50%
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has increased the indicated mineral resource tonnage by half at its Panuco silver-gold project in Sinaloa, western Mexico. The indicated mineral resource rose to 7.5 million tonnes grading…
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…
B.C. mineral exploration expenditures hit a record in 2022, says Premier
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in Vancouver. The figure surpasses the…
Canaccord bullish on gold price, Endeavour, Kinross and Probe
Investment bank Canaccord Genuity is upbeat on the gold price and production margins as recession looms and the United States dollar retreats. It also picks Endeavour Mining (TSX: EDV; LSE:…