Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
Glencore (LSE: GLEN) said on Thursday is buying a 30% stake in Brazil’s alumina refinery Alunorte from Norwegian aluminum producer Norsk Hydro and a 5% stake in Mineracao Rio do…
2023
JV Article: Silver Bullion builds one of the world’s highest capacity precious metals vaults in Singapore
Singapore-based Silver Bullion is expanding its The Safe House precious metals vault in Changi and will be moving into newly renovated facilities within what it calls “The Reserve” by the…
Glencore says takeover bid for Teck stands after spinoff fails
Glencore (LSE: GLEN) is far from giving up on its plan to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) as it confirmed on Thursday its bid for Canada’s largest…
SPC Nickel drills historic Sudbury project en route to late 2023 resource
SPC Nickel (TSXV: SPC) has announced new assay results from drilling at its West Graham project, located in the nickel-copper mining district of Sudbury, Ont. West Graham is made up…
Nighthawk soars on NWT gold project’s two-year payback
Shares in Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) jumped more than 20% after the company said its Colomac project in the Northwest Territories could pay for itself in about two…
Japan Gold raises $10M to fund its own exploration
Japan Gold (TSXV: JG; US-OTC: JGLDF) is raising gross proceeds of $10 million to fund its 2023 exploration campaign through a private placement of 50 million common shares priced at…
Teck takes restructuring plan off the table ahead of vote
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has decided to withdraw its plan to split up the company into two — a base metals and a coal…
BMC Minerals’ Kudz Ze Kayah polymetallic project in Yukon hangs on judge’s ruling
BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon has hit a roadblock on its permitting path amid a legal dispute with the Kaska Nation. The Vancouver-based BMC,…
First Quantum’s issues in Panama hit earnings, production
First Quantum Minerals’ (TSX: FM) earnings in the first quarter of the year fell by more than 80% to US$75 million from the US$385 million recorded in the same period…
Canada can’t build great mining companies fast enough to meet demand
Mining runs on M&A — one of the only constants in a business that’s full of uncertainty. Still, it’s been painful to watch so many home-grown metals and mining companies…
PNG landowners hope to stymie Barrick’s restart of Porgera gold mine
Landowners served Barrick with a no trespass notice last week.
Collective Mining shares rise on new high-grade find at Apollo in Colombia
Collective Mining (TSXV: CNL; US-OTC: CNLMF) says it’s found another high-grade zone at the Guayabales gold-silver-copper project in Colombia. The company’s shares rose more than 8%. The discovery in…