G2 Goldfields advances G3 spin-out of Guyana assets
G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) plans to seek shareholder approval to spin out its non-core Guyanese assets into a new company, G3 Goldfields, as an updated resource for its…
Metals and Minerals Markets
Lumina Gold secures ‘slightly better’ Ecuador terms with Cangrejos mining permit, analyst says
Lumina Gold (TSXV: LUM) has secured an exploitation permit with attractive financial terms from Ecuador, keeping its Cangrejos gold-copper project on track for a mid-2025 feasibility study. The contract includes…
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Calibre strikes high-grade gold near Valentine mine build as production nears
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has found gold a kilometre from its Valentine mine in Newfoundland, just months before production is expected to start. The grades are 40% higher…
Filo expands copper-gold Aurora Zone in Argentina amid $4.1B sale
Filo Corp. (TSX: FIL) said Friday new drill results from its Filo del Sol project in Argentina add scale and grade. The results come as the company works to complete…
White Gold grows Yukon resource base
White Gold (TSXV: WGO; US-OTC: WHGOF) reported an 18.5% rise in inferred and a 4.3% increase in indicated resources at its Yukon project, conceived by co-founder and veteran prospector Shawn…
B.C. creates new mining ministry to tackle critical minerals amid doubts over capacity
British Columbia Premier David Eby on Monday split the Ministry of Energy, Mines and Low Carbon Innovation into two: Mining and Critical Minerals and Energy and Climate Solutions, to fast-track…
Permitting delays impact BC projects valued at $38B, AME says
British Columbia’s exploration sector has over 60 critical mineral projects waiting for permits. It’s a $38-billion pileup of economic opportunities, some waiting indefinitely, Association for Mineral Exploration (AME) president and…
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
Silvercorp Metals (TSX: SVM; NYSE: SVM) and partner Salazar Resources (TSXV: SRL) can now build the Curipamba-El Domo copper-gold project in Ecuador it acquired in July after clearing a legal…
B2Gold hits bonanza gold at Goose; eyes extended mine life in Nunavut
Drill results from B2Gold’s (TSX: BTO; NYSE: BTG) Goose project in Nunavut, which is under construction and expected to yield first gold next year, may point to a longer mine…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…