First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
M&A, Financing and Restructuring
Lithium Ionic grows Baixa Grande resource by 32%, boosting Brazil’s lithium ambitions
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) has boosted its lithium resource for the Baixa Grande project in Minas Gerais by 32%, reinforcing Brazil’s growing role in the global lithium market….
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Gatos Silver posts solid 2024, preps takeover by First Majestic
Gatos Silver (TSX: GATO; NYSE: GATO) has topped its 2024 production guidance at the Cerro Los Gatos mine in Mexico. Record throughput and higher-than-expected silver-equivalent output drove strong results. The…
New Gold falls short of 2024 gold guidance
New Gold (TSX, NYSE-A: NGD) shares fell on Friday after the company missed its production forecast in a challenging finish to the year. The mid-tier miner cited December mechanical failures…
Torex Gold meets 2024 guidance while prepping Media Luna in Mexico
Torex Gold (TSX: TXG) says it’s achieved its annual production guidance for the sixth consecutive year even after a brief shutdown last month. The Toronto-based company produced 452,523 oz. gold…
London Symposium JV Video: Geopolitical tensions elevate mining’s strategic role, EY expert says
The growing importance of critical minerals amid rising geopolitical tensions is spotlighting mining’s role in global politics, a London conference heard. Theo Yameogo, professional services firm EY’s metals and mining…
Scottie Resources drills more high-grade BC gold ahead of initial resource statement
Scottie Resources (TSXV: SCOT) reported high-grade gold cuts from its namesake project in northern British Columbia on Monday before releasing the asset’s first resource estimate. The company’s 2024 drilling program,…
Thunder Gold’s Tower Mountain drilling in Ontario cuts best gold hit in 50 years
Thunder Gold (TSXV: TGOL; US-OTC: TGOLF) has intersected high-grade gold from surface over broad intervals at its Tower Mountain property in Ontario, sending shares to a 12-month high on Tuesday….
US Forestry Service OKs Perpetua’s Stibnite gold mine in Idaho, lifting shares
Perpetua Resources’ (TSX: PPTA; NASDAQ: PPTA) shares jumped 19% Monday to a 12-month intra-day high after receiving a federal forestry service permit for the Stibnite gold project in Idaho. After…
Nioko’s buyout offer for Hummingbird to be declared unconditional
Nioko Resources’ £13.8 million ($24.6 million) takeover of Hummingbird Resources (AIM: HUM) has moved closer to completion, as the bidder announced its all-cash offer will be declared unconditional upon submission….
London Symposium Video: How innovation and accountability could help green gold portfolios
Mining executives argued for a sharper industry focus on economic solvency, environmental accountability and public perception at a London event this month. The Northern Miner’s International Metals Symposium on Dec….