Rio Tinto, Codelco join forces to find more copper in Chile
Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in…
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NYSE gains July 24-28 as economic growth, declining inflation offset interest rate hike
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
TSX wrap for week of July 24: Base metals rise, Global Atomic shares drop
Over the July 24-28 trading period, the S&P/TSX Composite Index lost 28.14 points or 0.14%, to 20,519.37. The S&P/TSX Global Mining Index added 1.13 points or 1% to 110.62 and the S&P/TSX…
TSXV inches higher during July 24-28 trading week
The S&P/TSX Venture Composite Index added 13.1 points or 2.1% over the July 24-28 trading session to end at 625.1. This week, leading in terms of value gainers was Sigma…
Serabi Gold shares jump on deal with Brazil Indigenous groups
Shares in Serabi Gold (TSX: SBI; LSE: SRB) jumped in London on Monday after the Brazil-focused gold miner said it had inked an agreement with representatives of Indigenous communities confirming…
Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…
Bolivian Indigenous group declares local emergency as gold mining co-ops eye protected areas
The Indigenous Peoples of La Paz Central Group (CPILAP) issued a local state of emergency in the Bolivian department of La Paz following an attempt by gold mining cooperatives to…
Chile’s Supreme Court awards $1.4M to 31 of the 33 miners trapped in 2010
Chile’s Supreme Court awarded $1.4 million to 31 of the 33 miners that were trapped for two months, back in 2010, 700 metres below the surface in the San José…
Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…
Newmont teams with Teck on Galore Creek development
NovaGold Resources (TSX: NG; NYSE: NG) said on Jul. 27 it has received a further US$25 million payment from Newmont (TSX: NGT; NYSE: NEM) as part of the major’s acquisition…
Top ten US juniors to mid-tiers, outside of precious metals, coal
Nuclear fuel providers again led the largest United States-based junior and mid-tier mining companies valued from US$250 million to US$2 billion, excluding precious metals and coal producers. The data as…
Founders Metals drills 12 metres of 19.2 g/t gold in Suriname, stock surges
Initial drill results from Founders Metals‘ (TSXV: FDR) Antino project in southeastern Suriname have confirmed the presence of high-grade gold mineralization, sending the junior’s stock up by 8.5% this morning….