Ontario snapshot: Seven companies in discovery and development mode
From the nickel hotbed of the Sudbury Basin to the high-grade gold of Red Lake and newer critical metal discoveries in between, Ontario hosts some of the world’s most productive…
News
Paladin becomes sole owner of Michelin uranium project in Labrador
Shares in Australia’s Paladin Energy (ASX: PDN) rose Wednesday after the company announced it had increased its interest in the Michelin uranium project, in Labrador to 100% from 75% previously. As…
Codelco makes first foray into lithium with US$245M deal for Aussie developer
Chilean state-owned copper miner Codelco, the world’s largest copper producer, has reached a deal with Lithium Power International (ASX: LPI) to buy the Australian producer of the battery metal for…
Supreme Court ruling to reshape Canadian environmental assessment rules
In a landmark decision that has reignited the age-old debate about the division of powers between federal and provincial authorities, Canada’s Supreme Court has declared certain provisions of the Impact…
Teck faces $11M fine for alleged breach of enviro permit in Chile
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, is facing two charges from Chile’s environmental regulator SMA for alleged breaches of its permit at the Carmen…
Royal Road pivots to Morocco with Saudi-backed copper-gold exploration
Royal Road Minerals (TSXV: RYR), a Jersey-based explorer with projects in South America, is expanding to a copper-gold project in Morocco with an option to purchase Izughar Resources for nearly…
Oroco shares rise on PEA for Santo Tomas copper project in Mexico
Oroco Resource (TSXV: OCO; US-OTC: ORRCF) has put out a preliminary economic assessment (PEA) as well as updated mineral resource estimate for the North and South zones of its Santo…
Podcast: Northern Miner event producer Mayra Lugo on the Canadian Mining Symposium and the resilience of real-world conferences
In this week’s episode, Northern Miner event producer Mayra Lugo joins host Adrian Pocobelli to discuss the Canadian Mining Symposium and the enduring value of in-person conferences. Lugo delves into…
Explorers in Colombia keep spending amid Petro government’s leftist rhetoric
More than a year after Colombia’s leftist president Gustavo Petro took power, investment by public companies is rising along with their exploration activity, despite initial concerns the government would restrict…
Winshear Gold moves on from Tanzania project, takes US$30M settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project. On Monday, the parties…
Rio Tinto cuts Canadian iron ore guidance
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…
Newmont starts ramp-up at Peñasquito as strike ends
Newmont (TSX: NGT; NYSE: NEM), the world’s largest gold producer, has begun restarting operations at its Peñasquito mine in Mexico, after reaching a definitive agreement with striking workers last week….