Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
Zinc and Lead
South32’s fast-tracked Hermosa goes before public
South32’s (ASX: S32) proposed zinc-manganese Hermosa mine in Arizona reached a permitting milestone on Friday following the release of its draft environmental impact statement by the U.S. Forest Service. Hermosa…
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…
Viken ranks No. 2 for uranium resource: District Metals
A new estimate for District Metals’ (TSXV: DMX) Viken project in central Sweden raises uranium resources so much it’s now the world’s second largest deposit of the nuclear metal, the…
Vizsla reports high-grade discovery in Mexico
Vizsla Silver (TSX, NYSE: VZLA) says a high-grade find bodes well to expand its flagship Panuco silver-gold project in Mexico. Hole AM-25-90 returned 653 grams silver per tonne, 4.26 grams gold, 0.02%…
Silver Storm gains strength, nearly doubles tonnes at La Parrilla in Mexico
A resource update for Silver Storm Mining’s (TSXV, US-OTC: SVRS) La Parrilla project in east-central Mexico almost doubles its indicated tonnage, spurring Red Cloud Securities to start coverage on Tuesday….
Abitibi’s B26 hits high-grade copper in Quebec
Drilling at Abitibi Metals’ (CSE: AMQ; US-OTC: AMQFF) main B26 polymetallic project in western Quebec has returned results as high as 13.25% copper, the company reported Wednesday. Shares rose. Highlight…
Video: Certainty lacks in BC permitting process, mining association exec says
Mining Association of British Columbia president Michael Goehring says red tape chokes a generational opportunity in the province’s critical minerals boom. Speeding up mine approvals is key to unlocking $36…
Teck invests $40M to restart Bunker Hill in Idaho
Teck Resources (TSX: TECK.A/TECK.B, NYSE: TECK) says it’s investing $40 million (C$57 million) in Bunker Hill Mining (TSXV: BNKR, US-OTC: BHLL) as part of a strategy to improve efficiency at…
PDAC: Canada, Australia risk falling behind in investment race, BHP boss says
Canada and Australia could end up trailing emerging mining nations such as Argentina if their governments don’t speed up permitting and lower costs, BHP (NYSE, LSE, ASX: BHP) CEO Mike…
Policy paralysis leaves B.C. mining with $38B in limbo, EY report finds
British Columbia’s grassroots exploration sector faces a structural shift as flagship projects mature and early-stage exploration funding dries up, a new survey found. Exploration spending dropped 14% to $552 million…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…