Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
Zinc and Lead
Strike at Newmont’s Peñasquito ends with 8% raise
Workers at Peñasquito, Mexico’s largest gold mine, accepted a proposal from operator Newmont (NYSE: NEM; TSX: NGT) late on Thursday, ending a four-month-long strike that cost the miner millions of dollars…
Buenaventura suspends Peru mine on permitting delays
Buenaventura (NYSE: BVN), Peru’s top publicly traded precious-metals producer, has halted its Colquijirca’s Tajo Norte zinc-lead-silver mine for up to three years due to permitting delays. The approval of a modified…
Canadian Copper adds to Murray Brook resource ahead of PEA
Canadian Copper (CSE: CCI) has released a new resource estimate for its Murray Brook copper-zinc project near Bathurst, N.B. The company took a majority stake in Murray Brook earlier this…
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…
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,…
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…
Cornish Metals updates South Crofty tin resources, targets 2024 feasibility
Cornish Metals (TSXV: CUSN; AIM: CUSN), owner and operator of the South Crofty tin project located in Cornwall, U.K., has put out an updated resource estimate, placing it on track…
Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Vedanta Resources (LSE: VED) announced on Thursday it had appointed former Gold Fields (NYSE: GFI; JSE: GFI) chief executive, Chris Griffith, to head its base metals unit, including its recently…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
New Pacific’s Carangas in Bolivia holds 200M oz silver, plus gold and base metals
New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. The report released on Tuesday divides Carangas…
Taliban says it signed mining deals worth over US$6.5B
Afghanistan’s Taliban has signed seven mining contracts that would bring roughly US$6.5 billion in investments to the ruling government, the Associated Press reported on Thursday. This figure, AP says, represents…