Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….
2021
Centerra Gold to launch arbitration against Kyrgyzstan over Kumtor mine
Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company’s Kumtor mine. In early May, lawmakers in Kyrgyzstan…
TSX Venture down, May 10-14
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce. Filo Mining jumped $3.57…
US markets slip, May 10-14
The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20 per oz., or 0.72%, to…
TSX mixed, May 10-14
The S&P/TSX Composite Index fell 0.54% to 19,366.69 during the May 10-14 trading week. The S&P/TSX Global Mining Index slipped 2.25% to 113.84, and the S&P/TSX Global Base Metals Index…
Exploration at Argonaut’s Magino project yields exciting results
About four months into the planned two-year construction of Argonaut Gold’s (TSX: AR) new cornerstone Magino project in northeastern Ontario, smooth progress and encouraging new exploration results have CEO Peter…
World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation…
A realistic path for improved carbon performance in mining
The demand for improved environmental and social governance (ESG) continues to intensify. Of the many issues that ESG covers, it is carbon emissions that are receiving the most attention due…
Marathon raises $50m for Valentine project
Marathon Gold (TSX: MOZ) is raising $50 million (US$41.27 million) in a private placement to support exploration and development activities at its Valentine gold project in Newfoundland. A single institutional…
Chinese EV makers may be looking at western markets, CRU report says
China, the country leading global sales of new energy vehicles (NEVs), not only will maintain its market position accounting for half of all expected global NEV during the next decade,…
Iamgold to restart Westwood in second half of 2021
Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Québec in the second half of the year. The gold mine has been…
JV Article: Osino Resources’ Twin Hills on track to be Namibia’s next multi-million-ounce gold mine
Osino Resources (TSXV: OSI; US-OTC: OSIIF) plans to make its Twin Hills gold project in the Karibib gold district of central Namibia, 150 km northwest of the capital Windhoek, the “quickest discovery…