Summit going public in Eagle Royalties takeover
Summit Royalty, a precious metals-focused royalty and streaming company, plans to list on the stock market via a reverse takeover (RTO) of Canadian junior royalty firm Eagle Royalties (CNSX: ER;…
News
Board cites poor drainage for Eagle gold leach failure
A Yukon Independent Review Board report blames the heap-leach failure at Victoria Gold’s Eagle mine last June on poor drainage that trapped water above a weak layer in the leach…
Faraday Copper jumps on BLM exploration plan approval
Faraday Copper (TSX: FDY; US-OTC: CPPKF) got the go-ahead from the Bureau of Land Management for the next phase of exploration at its Copper Creek project in Arizona. That pushed…
Lupaka Gold skyrockets on arbitration win against Peru
Shares of Lupaka Gold (TSXV: LPK) skyrocketed to a three-year high on Wednesday after an international tribunal announced it would award the Canadian miner $65 million (C$88.3 million) in its…
Energy Fuels’ Pinyon Plain uranium output keeps rising
Production at Energy Fuels’ (TSX: EFR; NYSE: UUUU) Pinyon Plain mine in northern Arizona almost doubled in June from April, company totals show. Shares rose. Uranium oxide (U3O8) output at…
B2Gold in first yellow metal pour at Goose mine
B2Gold (TSX: BTO; NYSE: BTG, NSX: B2G) has made the first gold pour at its Goose mine in southwestern Nunavut, making it the company’s first producing mine in Canada and…
Group Eleven cuts best zinc-silver result yet at Ballywire
Group Eleven Resources’ (TSXV: ZNG; US-OTC: GRLVF) says it has cut the strongest intercept yet at its Ballywire target in southwest Ireland, with a highlight result of 39.7 metres grading…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Podcast: Russian influence rises in the Sahel, ft Critical Risk Team’s George McLeod on geopolitics and mining
This week’s episode features George McLeod, Mining Leader at Critical Risk Team, in conversation with host Adrian Pocobelli. McLeod unpacks recent developments in Africa’s Sahel region, including the expropriation of…
Site visit: FireFly Metals seeks high-grade copper crown
BAIE VERTE, N.L. – Hundreds of metres underground inside a tunnel in northwest Newfoundland, and illuminated only by head lamps, is the precise area where FireFly Metals’ (ASX, TSX: FFM)…
Canada advances plan to freeze Giant mine’s toxic waste
Canada’s $4.4-billion plan to cope with a poisonous legacy at a former gold mine in the Northwest Territories risks complicating local efforts to find a permanent solution. Ottawa is moving…
CMOC’s IXM cites force majeure on cobalt deliveries
IXM, a metals trading unit of CMOC Group, a partially Chinese state-owned entity, has declared force majeure on its cobalt supply contracts due to an ongoing export ban in the…