South32 tapped for US$166M funding for Arizona manganese plant
South32 (LSE: S32; ASX: S32) says its Hermosa project in Arizona has been tapped for a United States government grant of up to US$166 million, part of U.S. energy department…
Zinc and Lead
Nexa Resources sells Peru copper asset for up to US$29.3M
Latin America-focused Nexa Resources (NYSE: NEXA) has sold its Pukaqaqa copper project in Peru to Canada’s Olympic Precious Metals for an initial US$4.3 million. The price tag could reach up to US$29.3 million…
Update bumps zinc resource four-fold for Fireweed Metals’ Macpass project in Yukon
A resource update for Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) Macpass zinc-lead-silver project in Yukon boosts indicated tonnage and contained zinc more than four times over a previous estimate. Indicated…
Teck restructures, promotes staff after coal exit
Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK) says its new company structure will revolve around two regional business units, North America and Latin America, as it shifts to produce…
Canada imposes tariffs on Chinese EVs, steel to boost mining sector
Canada on Monday introduced weighty tariffs on steel, aluminum and electric vehicle (EV) imports from China in a move the government said will protect the mining sector and domestic jobs…
Canadian rail lines restore service but supply snags need to be smoothed
Canada’s rail disruption has ended after Ottawa imposed binding arbitration but cargo piled in loading yards could take a few weeks to sort out, officials said. Workers at Canadian National…
People in Mining: Stephen Stewart’s tactical moves lift Ore Group on several fronts
A decade ago, Stephen Stewart launched Ore Group with a clear strategy: capitalize on distressed assets from the global financial crisis and develop them into high-potential projects. His approach has…
Feds end Canada’s rail strike
Ottawa has stepped in to end a rare strike halting both of Canada’s major railways less than a day after it began. Labour Minister Steve MacKinnon on Thursday afternoon ordered…
Video: Aurania pivots from Ecuador to Europe
Aurania Resources (TSXV: ARU; US-OTC: AUIF), led by a key member of the Aurelian Resources team that discovered the rich Fruta del Norte gold mine in Ecuador, is turning away…
Video: ‘Grade smearing’ top junior sector misdeed, Brent Cook says
Retail investors can struggle to make sense of drill results, but some junior mining explorers make things worse with misleading reporting practices that inflate the value of their projects, industry…
TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…