BofA sees strong 2025 for copper, while iron ore prices to drift lower
While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.
News
Midnight Sun solves Zambian licence error
Midnight Sun Mining (TSXV: MMA) says the Zambian government admits making a mistake in June when it posted the rejection of an exploration licence renewal for the company’s main Solwezi copper…
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project
An updated preliminary economic assessment (PEA) for Magna Mining’s (TSXV: NICU; US-OTC: MGMNF) Crean Hill project near Sudbury, Ont. bumps its internal rate of return more than five times to…
Lucara unearths sixth diamond larger than 1,000 carats at Karowe mine
Last month, the miner unearthed the second-largest diamond ever found.
Tribal warfare kills at least 20 near Porgera mine in PNG
Tribal warfare near Barrick Gold‘s (TSX: ABX: NYSE: GOLD) 49%-owned Porgera gold mine in Papua New Guinea has escalated into a violent shootout that’s killed at least 20 people and…
Letter to the editor: Where has Yukon’s sense of urgency gone on Eagle cleanup?
The forced receivership of Victoria Gold has exposed a troubling pattern of mismanagement and double standards by the Yukon government. The government’s initial emphasis on urgency and environmental concerns seems…
Dearth of quality new gold discoveries to crimp supply — report
In recent years, gold discoveries around the world have become more scarce and smaller in size, dampening the outlook for future supply of the metal, according to the latest analysis…
Chinese investor steps in to block Paladin’s Fission buy
Australia’s Paladin Energy (ASX: PDN) has hit a roadblock in its proposed acquisition of Canada’s Fission Uranium (TSX: FCU) after a Chinese investor in the takeover target opposed the tie-up. …
Gowest Gold preps to go private as Chinese investors hold almost half of shares
Gowest Gold (TSXV: GWA) is about to go private after the Ontario Superior Court of Justice approved a plan for shareholders to buy the company’s remaining shares. Under the plan,…
Atlantic Mining to pay Nova Scotia $80M gold mine clean-up bond as it appeals conditions
The Nova Scotia subsidiary of Australia’s St Barbara (SBM:ASX) says the province has agreed to accept the remaining $38.7 million of a bond by the end of the month for cleaning…
Wheaton Precious Metals unveils US$1M tech challenge
Wheaton Precious Metals (TSE: WPM) and Foresight Canada are launching the Future of Mining challenge, offering a US$1-million prize for groundbreaking technology. The competition, which is open to cleantech companies from…
Beaver Creek: Rule, Hathaway, Giustra reflect on surging gold price, humdrum equities
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week even as many gold equities…