Video: Hecla Mining targets productivity growth
Hecla Mining (NYSE: HL), the largest silver producer in the United States, wants to improve productivity after a fire and safety breaches last year. The company is rebounding from a mile-deep…
Zinc and Lead
Video: Fireweed Metals prepares Macmillan Pass resource update
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) is planning a resource update by June on its Macmillan Pass zinc-lead-silver project in the Yukon, chief geologist Jack Milton says. The company, backed the Lundin family and Teck…
Mexico’s president proposes ban on open pit mining, says it ‘transgresses human rights’
Mexican President Andrés Manuel López Obrador, known as AMLO, has proposed a series of constitutional reforms, including a ban on open-pit mining. Speaking before parliament, López Obrador argued that open-pit…
Nexa Resources halts Peru zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted production at its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by the Joraoniyoc community since earlier this week. The zinc producer, controlled by…
Peru unveils platform to speed up permitting
Officials from Peru’s Ministry of Energy and Mines met with representatives from the largest mining companies operating in the country to offer details on a new digital initiative expected to…
Canadian Copper inks offtake, credit facility for Murray Brook in NB
Canadian Copper (CSE: CCI) has entered into an offtake agreement for copper concentrates from its Murray Brook deposit and an unsecured credit facility with Ocean Partners U.K. The offtake deal…
Falco deal with Glencore paves way for Horne 5 development
Falco Resources (TSXV: FPC) shares gained as much as 41% today on news of an agreement with Glencore (LSE: GLEN) that will allow it to use part of Glencore’s lands…
American Pacific shares jump on copper results from Palmer VMS project
Shares of American Pacific Mining (CSE: USGD; US-OTC: USGDF) skyrocketed Thursday after the company released the third and final batch of assay results from its 2023 drill program at the…
Rokmaster’s Revel Ridge BC project offers 21% return
Rokmaster Resources (TSXV: RKR) says its Revel Ridge gold-silver project in southeast British Columbia may produce a double-digit return for investors, according to a preliminary economic assessment. The study…
Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says
Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Colorada Skarn project in Mexico could mine 50,000 tonnes of ore a day to produce 17.2 million oz. a year of silver,…
Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
Foran Mining launches $200M private placement
Foran Mining (TSX: FOM; US-OTC: FMCXF) plans to raise $200 million through a private placement to support the exploration and development of its projects in Saskatchewan. The offering includes up…