Teck Resources hikes cost of QB2 copper project in Chile again
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least…
Zinc and Lead
Gatos Silver shares rise on record quarterly production
Gatos Silver (NYSE, TSX: GATO) is coming off its best ever quarter of production, with the 70%-owned Cerro Los Gatos mine in Mexico producing a record 2.7 million oz. of silver…
TSXV ekes out a gain in Oct. 3-7 trading week
The S&P/TSX Venture Composite Index gained 13.89 points or 2.3% over the Oct. 3-7 trading session to end at 608.02, after reaching an intra-week high of 623.23 on Oct. 4….
Prairie Creek zinc project to get push from equity firm buyout of NorZinc
Resource Capital Funds, a Denver-based private equity company focused on mining, is buying the rest of NorZinc (TSX: NZC) to boost its Prairie Creek zinc project in the Northwest Territories….
USGS, NASA to map southwestern United States for critical mineral potential
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral potential. The US$16-million, five-year, government-funded…
Gatos Silver shares rise on revised reserve at Cerro Los Gatos
Gatos Silver (TSX/NYSE: GATO) shares rose almost 10% Monday despite the release of a revised update that reduced reserves at its Cerro Los Gatos (CLG) mine in northern Mexico by…
NorZinc completes permitting process for Prairie Creek mine in NWT
Following the receipt its land use permit last month, NorZinc (TSX: NZC; US-OTC: NORZF) has now received a new water licence from the government of Northwest Territories for an expanded…
Sierra Metals halts 2022 production and finance guidance on Peru mine blockade
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has…
Moody’s downgrades mining sector outlook to negative
Credit rating firm Moody’s Investors Service said on Thursday it had changed its outlook for the global metals and mining industry from stable to negative as a global economic slowdown…
Silvercorp updates resources at Ying property, extends life of mine to 2037
Silvercorp Metals (TSX: SVM) has published an updated technical report that outlines the mineral resources and reserves contained within the Ying property in Henan province of east-central China, and extends…
Callinex shares jump on strong copper intervals at Rainbow
Shares in Callinex Mines (TSXV: CNX) rose more than 15% today after the Vancouver-based company reported drilling results from its Pine Bay copper, gold, silver and zinc project in Manitoba. …
Trevali CEO resigns after two managers convicted of involuntary manslaughter
Trevali Mining (TSX: TV)’s president and chief executive Ricus Grimbeek has left the company following a Burkina Faso court’s verdict that found two employees guilty of involuntary manslaughter. The convictions…