TSX, mining and metal indices see gains during Nov. 28–Dec. 2 trading week
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell could…
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Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town hall held in the town…
EPA in ‘regulatory overreach’ with renewed Pebble project veto, says proponent
The U.S. Environmental Protection Agency’s (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK). In…
Global Exploration Snapshot: Eight companies to watch
While the search for new gold deposits across the world never lets up, explorers are picking up the pace seeking out critical minerals. Here’s a glimpse of eight companies exploring for precious and…
Roscan secures $10M royalty financing from Osisko Gold for Mali project
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has entered into a royalty financing agreement with Osisko Gold Royalties (TSX: OR; NYSE: OR) to raise gross proceeds of $10 million. The royalty…
Aussie explorer Winsome Resources steps up to buy Power Metals stake from China’s Sinomine
A month after the federal government forced three Chinese companies to divest their stakes in three Canadian juniors with critical minerals projects, Australia’s Winsome Resources (ASX: WR1) has agreed to…
Gold Royalty sells mineral rights on 12 assets, keeps royalties
Gold Royalty Corp. (NYSE: GROY) has agreed to sell mineral rights and interests on 12 prospective properties in Quebec and Ontario to junior miner Val-d’Or Mining (TSX: VZZ). The Vancouver-based…
Volkswagen kicks off search for battery cell plant sites in Canada
Volkswagen AG has begun searching for a site in Canada to build its first battery cell factory in North America, a part of the German carmaker’s planned expansion of its electric vehicle…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive…
Orezone Gold’s Bomboré mine in Burkina Faso enters commercial production
Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced Thursday that its Bomboré gold mine in Burkina Faso has now entered commercial production. “Commercial production at Bomboré is a significant milestone and…