Mexico’s ‘shock’ new mining law hurts juniors most
A new mining regime blindsided Canadian juniors in Mexico on Apr. 29 after the Mexican Senate rushed through a contentious bill that experts say will deter investment. Under the new…
2023
Wyloo extends deadline for Mincor takeover bid
Andrew Forrest’s Wyloo Metals said on Wednesday it was extending its takeover offer for Australian nickel explorer Mincor Resources (ASX: MCR) until the end of trading in the Australian market on…
Gold Fields buys half of Osisko’s Windfall high-grade gold project in Quebec
Gold Fields (NYSE: GFI; JSE: GFI), the eighth-largest miner by market value, has joined with Osisko Mining (TSX: OSK) to back the Windfall gold project in Quebec, one of Canada’s…
Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid
As an exclusive four-week due diligence period for Newmont (NYSE: NEM; TSX: NGT) to assess the Newcrest Mining (TSX: NCM; ASX: NCM) data room draws to a close, Newmont says…
Generation Mining in US$400M debt deal to advance Marathon project
Generation Mining (TSX: GENM; OTC: GENMF) has arranged a senior finance facility of up to $540 million (US$400 million) for its 100%-owned Marathon palladium-copper project in northern Ontario. A syndicate…
Northern Miner Podcast: Efficiency is main path to environmental mining, ft Safescape’s Steve Durkin
In this week’s episode, we have the pleasure of hosting Steve Durkin, director at Safescape, Bortana, and 3ME Technology. In this in-depth interview, Steve delves into the current state of…
BMC Minerals expands Yukon portfolio with $3.6M Kona copper-gold deal
BMC Minerals has acquired 100% of the Kona copper-gold deposit from Pacific Ridge Exploration (TSXV: PEX) in southern Yukon as part of a $3.6-million deal. In late March, BMC made…
Atlas Lithium lands US$20M royalty deal for Neves project in Brazil
Atlas Lithium (NASDAQ: ATLX) saw its share price explode on Tuesday after securing US$20 million funding for its flagship hard-rock lithium project in the Lithium Valley area of Minas Gerais,…
Fortescue Metals begins magnetite production at Iron Bridge
Fortescue Metals Group (ASX: FMG), the world’s No. 4 iron ore miner, has achieved first production at its US$3.9-billion Iron Bridge Magnetite operation in Pilbara, Western Australia, 20 years after…
RANKED: World’s biggest nickel projects
Nickel is a crucial component in the batteries that power electric vehicles, and as the the world shifts towards electrification, data from International Nickel Study Group shows a massive 22% year…
Emerita readies first resource for La Romanera in Spain
Iberian Pyrite Belt-focused explorer Emerita Resources (TSXV: EMO; US-OTC: EMOTF) on Monday reported a strong batch of drill results from its La Romanera polymetallic deposit ahead of an initial resource…
NexGen, Fission power ahead at Rook I, PLS uranium projects
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…