SolGold to cut back on exploration projects
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold…
News
TSX Venture rises, Aug. 30-Sept. 3
The S&P/TSX Venture Composite Index rose 40.77 points or 4.60% to finish the August 30 to September 3 trading week at 932.22. Spot gold climbed 0.60% or US$10.80 per oz….
TSX posts small gain, Aug. 30-Sept. 3
The S&P/TSX Composite Index rose 176.80 points or 0.86% to finish the August 30 to September 3 trading week at 20,821.40. The S&P/TSX Global Mining Index fell 0.92 points or…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…
JV Article: Battery Mineral Resources acquires Punitaqui copper complex in Chile, drill program underway
Battery Mineral Resources (TSXV:BMR) has released initial drill core assay results from the ongoing 2021 exploration and in-fill drill program at its recently acquired cornerstone asset, Minera Altos de Punitaqui…
Major Drilling results confirm rebound in exploration – as well as rising costs for miners
Rebounding exploration activity has propelled Major Drilling’s (TSX: MDI) revenues and earnings to a nine-year high. In the company’s first quarter of fiscal 2022, ended July 31, the Moncton-based drilling company reported revenues of $151 million – up 69% from the same…
RANKED: World’s ten biggest copper mining companies
Following the rampant surge in copper prices earlier this year, competition amongst miners to supply the metal vital to the green energy transition is fierce. Global copper supply is dominated…
Barrick, NovaGold closer to Donlin mine decision
Joint-venture partners Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG) have published the first results of their 24,000-meter drill program for their Donlin gold project in southwestern…
Australia’s Orminex acquires gold projects in Canada
Western Australia-focused Orminex (ASX: ONX) is acquiring Nippon Dragon Resources’ (TSXV: NIP) interest in two gold projects in Canada’s Abitibi region. The projects — Rocmec, 35 km west of Rouyn-Noranda,…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Violence escalates in West Africa’s tri-border Sahel region
As the world watched the Taliban assume control of Afghanistan this summer and the U.S. withdraw its last troops from the war-torn country, another conflict, thousands of kilometers away in…
Kirkland Lake Gold adds 10M oz. gold to Detour Lake resources
Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has released a mid-year updated resource estimate for its Detour Lake mine in Ontario, adding another 10.1 million oz. of contained…