Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
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Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur Mining (NYSE: CDE) announced Friday the closing of the sale of its southern Nevada projects to a subsidiary of AngloGold Ashanti (NYSE: AU). Coeur’s southern Nevada portfolio comprises the…
Equinox Partners website names and shames gold mining directors with little skin in the game
Equinox Partners, a long-term value investor, announced Thursday the launch of directorswithoutstock to amplify its investment stewardship policy. The New York-based hedge fund, with over US$700 million in total assets under management with more…
Barrick falls to new 12-month low as Q3 profit drops on lower output, higher cost
Canada’s number-one gold producer Barrick Gold (TSX: ABX; NYSE: GOLD) has reported a sharp drop in third-quarter earnings as lower production and higher costs weighed on its September-quarter financial results….
Lithium Americas to split into two companies
Lithium Americas (TSX: LAC; NYSE: LAC) plans to separate its North American and Argentine businesses into two independent public companies by the end of the year, it said on Thursday.The…
AbraSilver updates resource for Diablillos in Argentina
AbraSilver Resource (TSXV: ABRA) has updated a September 2021 resource estimate for its Diablillos project in Argentina’s Salta province, significantly expanding the high-grade Tesoro zone, which is the highest-grade area…
EDM to modernize mothballed Nova Scotia zinc mine for 2023 restart
Secretariat won the Triple Crown that year, NASA launched Skylab and Watergate intensified.It was 1973, the same year Esso Minerals and Cuvier Mines began developing the Gays River underground zinc…
Cashed-up Nevada Copper works towards underground mine restart in H2 2023
Nevada Copper (TSX: NCU; US-OTC: NEVDF) has provided an update on operational activities at its Pumpkin Hollow underground copper mine located near Yerington in Nevada’s Lyon County. The company recently…
Astra Exploration to acquire SQM’s 20% of Pampa Paciencia in Chile
Astra Exploration (TSXV: ASTR; US-OTC: ATEPF), which owns 80% of the Pampa Paciencia project in northern Chile, has signed an agreement to acquire the remaining 20% of the project from…
Ottawa forces Chinese divestments in critical minerals companies
The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On…
Nutrien earnings outlook sours on pared potash guidance
Canada’s top potash producer Nutrien (TSX: NTR) has guided for lower full-year headline profit as September-quarter sales volumes and prices slid lower than expected. The Saskatoon, Saskatchewan-based crop nutrient producer,…
Arizona Sonoran Copper rises on thick Parks-Salyer drill hit
Arizona Sonoran Copper’s (TSX: ASCU) ongoing 32,000-metre infill drill program at its Parks-Salyer (P/S) porphyry copper deposit has delivered an intercept of 217.7 metres grading 1.01% copper. The robust intersection…