TSX Venture Exchange advances, Apr. 4-8
The S&P/TSX Venture Composite Index advanced 22.21 points or 2.6% over the Apr. 4-8 trading session to end at 888.21. The week’s most actively traded stock was Pure Gold Mining,…
2022
Mexican president reignites debate around mining reform with focus on lithium
During a recent press conference, Mexican president Andrés Manuel López Obrador warned that if Congress does not approve a constitutional reform on electrical matters, following a decision by the Supreme…
Barrick pulls the trigger on Pueblo Viejo expansion
The Dominican Republic has completed a review of the location for a new tailings storage facility for Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$1.4 billion Pueblo Viejo gold mine expansion…
Wyloo targets net-zero mine, world-class battery production after Noront takeover
Australian billionaire Andrew Forrest’s Wyloo Metals has completed the acquisition of Noront Resources almost a year after placing its initial offer to buy the company and edging out the world’s…
Bradda Head Lithium flies high following Basin East resource growth
A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource…
Civil claim filed against junior miner Pure Gold in BC Supreme Court
Pure Gold Mining (TSXV: PGM; LSE: PUR) has been named in a civil claim in the British Columbia Supreme Court for allegedly failing to disclose information relating to its operations…
Chile sues BHP, Albemarle, Antofagasta over water use
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar…
World’s top diamond miner Alrosa hit by US sanctions
Alrosa (MCX: ALRS), the world’s top diamond producer by output, has been hit by fresh sanctions imposed by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). The OFAC…
Federal budget proposes $3.8B to support Canada’s critical minerals industry
Canada’s 2022 Budget has proposed to provide a total of up to $3.8 billion over eight years to develop electric vehicle components such as batteries and permanent magnets and ensure…
The view from England: Perception trumps reality
The mining industry is playing by the wrong rules, and has been for decades. Many of us are scientists, and believe truth is discovered by establishing all of the facts….
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains. Moody’s…
Kinross to post first resource for Great Bear in 2022, with prefeasibility study to follow
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of…