Rio2 starts Fenix gold mine build in Chile
Rio2 (TSXV: RIO; US-OTC: RIOFF) announced on Friday it has kicked off construction at the Fenix gold mine in Chile, having successfully completed its permitting four months ago and subsequently…
Wheaton Precious Metals
AME JV video: Silvercorp preps for 2026 production start at El Domo mine in Ecuador
Silvercorp Metals (TSX: SVM; NYSE: SVM) enters this year buoyed by a 43% quarterly revenue increase from its two mines in China as it advances two projects in South America…
Canadian Mining Hall of Fame adds Boyd, Giustra, MacLean, Sheahan
Sean Boyd, the chair of Agnico Eagle Mines (TSX: AEM; NYSE: AEM), recalled when the company’s performance prompted CNN’s Mad Money host Jim Cramer to eat a crow sandwich on…
Wheaton strikes US$175M streaming deal for Ethiopia’s first commercial gold mine
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) has reached a streaming deal with Allied Gold (TSX: AAUC) for the Kurmuk gold project in western Ethiopia. Under the agreement, the Canadian…
Lumina Gold secures ‘slightly better’ Ecuador terms with Cangrejos mining permit, analyst says
Lumina Gold (TSXV: LUM) has secured an exploitation permit with attractive financial terms from Ecuador, keeping its Cangrejos gold-copper project on track for a mid-2025 feasibility study. The contract includes…
Blue Moon acquires two brownfield copper projects in Norway for US$67M
Blue Moon Metals (TSXV: MOON) (OTCQB: BMOOF) says it’s buying two former copper-producing assets in Norway to diversify from its zinc project in California while emphasizing near-term output. The Vancouver-based…
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
Montage lands US$825M for new West Africa gold mine
Montage Gold (TSXV: MAU; US-OTC: MAUTF) has secured a financing package worth US$825 million to fund the construction of its flagship Koné project in Côte d’Ivoire. Shares gained 11.7%. The…
Blue Moon shareholder battle spotlights shades of grey in junior market
A minority group of shareholders in Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), which holds a first-resource-stage zinc-silver project in California, says its CEO issued defensive stock offerings that destroyed an…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…