TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals…
2021
JV Article: Kirkland Lake Gold partnership could lead to world-class discoveries, says Stephen Stewart of Orefinders and Mistango
A new strategic partnership and equity investment by Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) into Orefinders Resources (ORX: TSXV) and Mistango River Resources (CSE: MIS) will allow the two Canadian juniors to “unlock…
Gold price: 45% chance for a record by December – Incrementum report
Incrementum AG sees a 45% probability of the gold price hitting a new all-time high at US$2,100 per oz. or higher as early as December 2021. Authored by Ronald Stoeferle…
Peru voters divided ahead of June 6 presidential election
A surprise win by a left-wing candidate in the first round of Peru’s presidential elections has alarmed foreign investors and the mining sector. But the bigger threat could be the…
Global Mining Symposium: Garofalo on Gold Royalty’s role in reversing the reserve decline
The precious metals-focused royalty and streaming business model continues to unlock value through win-win deals for exploration and development, Gold Royalty (NYSE-AM: GROY) CEO David Garofalo told The Northern Miner’s…
Lithium outlook ‘bright as ever’ – Fitch report
Over the next ten years, the outlook for the lithium sector is “as bright as ever” amid fast production and demand growth, a new report from Fitch Solutions and Country…
Lithium Americas, Ganfeng planning Stage 2 expansion at Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) and partner Ganfeng Lithium have approved a second-stage expansion at the Caucharí-Olaroz lithium project in Jujuy province, Argentina. Caucharí-Olaroz, named after the two salars…
DRC concentrate export ban may tighten global copper, cobalt supply
The Democratic Republic of Congo has reinstated an export ban on copper and cobalt concentrates, but will allow mining companies that hold waivers to continue with shipments. The DRC, the…
World’s third-largest pension fund to limit coal-linked investing
South Korea’s state pension fund, the world’s third-largest, says it will stop funding new coal power projects at home and abroad, joining global efforts to reduce carbon emissions and pursue…
Snapshot: Eight companies at work in South America
South America is home to rich deposits — not only of gold and silver, but of copper, zinc and lithium. Here are eight Canadian companies that are making the most…
79North reports new gold discovery at Nassau project in Suriname
79North (CSE: JQ; US-OTC: SVNTF) has made a new discovery at its 20,000 hectare Nassau gold project in Suriname, about 20 km south of Newmont’s (TSX: NGT; NYSE: NEM) Merian…
Danakali to use filtered sea water at Colluli potash mine
Australia’s Danakali (ASX: DNK; LSE:DNK) says filtered seawater is a reliable, unlimited and economic option to use in the sulphate of potash (SoP) production process at its Colluli project in…