Future Minerals Forum returns to Saudi Arabia in 2023
The Kingdom of Saudi Arabia is gearing up for the 2023 edition of the Future Minerals Forum (FMF), one year after the inaugural conference was held. The forum, scheduled for Jan….
Zinc
Galway Metals suspends drill programs due to market conditions
Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due…
Curipamba delivers high-grade assays for Adventus and Salazar
Infill drilling from the underground portion of the El Domo volcanogenic massive sulphide deposit in central Ecuador returned 9.46 metres of 7.49% copper, 2.37 grams gold per tonne, 2.93% zinc,…
Trafigura puts Auby zinc smelter on care and maintenance
“Challenging market conditions” have forced Trafigura to put its Auby smelter in France on care and maintenance. Netherlands-based Nyrstar, which is majority owned by Trafigura, reported the closure on Dec….
Southwest US snapshot: Eight companies to watch
The U.S. Southwest is among the top mining regions in North America, with mine operations dating back to the 19th century. Here’s a glimpse of eight companies exploring for precious metals,…
Amex reports the best VMS intercept yet at Perron
Amex Exploration (TSXV: AMX) has reported the best drill intercepts to date from its copper-rich volcanogenic massive sulphide (VMS) QF Zone, highlighting the continued exploration upside of the company’s flagship…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
‘Winter’ approaches for base metals equities, warns Haywood report
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday. Analyst Pierre Vaillancourt expects the constellation of base metals companies under…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Cost inflation hit miners’ Q2 results but might signal an attractive buyback chance, says BMO
Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend BMO Capital Markets Metals & Mining analyst Jackie Przybylowski first picked…
VIDEO: VMS deposits present exciting new zinc-copper-gold discovery opportunities in Mexico
Volcanogenic massive sulphide (VMS) deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…