New Gold halts New Afton mine on tailings safety woes
Shares in New Gold (TSX: NGD; NYSE: NGD) fell more than 11% in Toronto on Thursday after it halted underground mining activities at its New Afton gold-copper mine in Kamloops,…
2023
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…
Ecuador’s president asks court to resume environmental consultations
Ecuador’s President Guillermo Lasso has asked the country’s constitutional court to revoke a decision issued last week to suspend a decree enabling environmental consultations prior to issuing mining licences. Popular…
Snowline Gold soars by enticing investors with near-record Yukon drill results on Rogue project
Dawson City, Yukon — Shares in Yukon-focused Snowline Gold (TSXV: SGD; US-OTC: SNWGF) have rocketed 90% year-to-date with analysts saying another discovery this month at its Rogue project makes it…
Triple Flag shares rise following another quarter of record results, dividend hike
Triple Flag Precious Metals (TSX: TFPM, NYSE: TFPM) saw a bump in its share price Wednesday on the back of record quarterly results and another dividend hike. The stock closed…
Ramaco shares dive as coal outlook softens, board okays rare earths buildout
U.S.-based coal miner Ramaco Resources (NASDAQ: METC) saw its stock price fall over 13% on Wednesday amid lower sales expectations due to higher production costs in the coming months. That…
Lucara shares up on report of fourth diamond recovery north of 1,000 carats
Lucara Diamond (TSX: LUC; BSE: LUC) shares rose by more than 12% Wednesday after it reported pulling a 1,080 carat diamond from its Karowe diamond mine in Botswana. It’s the…
Cornish Lithium secures initial $67M to keep UK project alive
The much-needed funding will allow Cornish Lithium will allow it to progress its Trelavour project to a construction-ready status.
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
Site visit: Will Rio Tinto bet more on Western Copper and Gold’s Casino project in Yukon?
Near Carmacks, Yukon — Decision time for Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) $3.6 billion Casino project in remote Yukon looms less than four months away. Rio Tinto…
Standard Lithium study pegs South West Arkansas project NPV at US$3.1B
Standard Lithium’s (TSXV: SLI) South West Arkansas project in the namesake state could produce 30,000-35,000 tonnes per year of battery-quality lithium hydroxide monohydrate (LHM) over a 20-year operating life, according…
Nunavut copper finds send Aston Bay Holdings shares jumping
Shares in Australian-Canadian exploration partners American West Metals (ASX: AW1) and Aston Bay Holdings (TSXV: BAY) shot to 12-month highs on Tuesday after announcing a major copper discovery at the…