Iamgold gives Cote the green light
Iamgold (TSX: IMG) and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their Côté gold project in northern Ontario. Construction at the US$1.3 billion, open-pit project…
2020
Skeena tables resource for Snip gold project in BC
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has released a maiden underground resource for its wholly owned Snip gold project, within B.C.’s prospective Golden Triangle. The resource is made up of…
Jiangxi Copper sells some shares in First Quantum
Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported. The sale represents less than about 0.2% of First…
Discovery drills high-grade silver at Cordero
Discovery Metals (TSXV: DSV; US-OTC: DSVMF) has released results from eight holes completed at its Cordero project in Mexico’s Chihuahua state, including 1 metre grading 1,907 grams per tonne silver-equivalent…
Yamana to list on London Stock Exchange
Yamana Gold (TSX: YRI; NYSE: AUY) is in the advanced stages of its London Stock Exchange (LSE) listing, the company says. The Toronto-based miner, currently listed on the TSX and…
Cardinal Resources receives key approvals amid takeover battle
Cardinal Resources’ (TSX: CDV; ASX: CDV) Namdini mining licence has officially received sovereign parliamentary ratification in Ghana, the company says. “This ratification and the recent issuing of the Environmental Protection…
Sourcing cobalt remains a challenge for electric vehicle manufacturers
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete…
Scorpio Gold to acquire Manhattan property claims in Nevada
Scorpio Gold (TSXV: SGN) is acquiring land in Nevada’s Manhattan mining district that adjoins the southwestern boundary of its Goldwedge property and includes two past-producing mines. The acquisition of the…
RBC hikes silver price forecasts
The mining and materials equity team at RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022. RBC now forecasts…
Triple Flag closes US$550M gold and silver stream on Northparkes mine
Mine financing company Triple Flag Precious Metals has closed a US$550 million gold and silver stream on future production from China Molybdenum’s Northparkes mine in Australia. The deal gives Triple…
Barrick reduces power supply to communities near Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs. The company said in a statement from…
Top 10 US-based mid-tier and junior precious metals companies
U.S. firms have been atop the industry pursuing precious metals across the globe. The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies by market…