US markets fall, March 7-11
The Dow Jones Industrial Average fell 670.61 points or 1.99% to finish the March 7-11 trading week at 32,944.19 and the S&P 500 dropped 124.56 points or 2.88% to 4,204.31….
News
Wyloo Metals earmarks $4.9 million to explore West Raglan project in Quebec
Wyloo Metals has approved a $4.9 million drill program to explore the West Raglan project in northern Quebec’s Nunavik region as part of its earn-in agreement with Orford Mining (TSXV:…
MAG Silver to acquire Gatling Exploration in all-share deal
MAG Silver (TSX: MAG; NYSE-A: MAG) is acquiring Canadian junior Gatling Exploration (TSXV: GTR) in an all-share deal. Gatling shareholders would receive 0.017 of a MAG common share for each…
Wheaton Precious shares drop on earnings miss
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the…
Guinea junta halts Rio Tinto’s Simandou project
Guinea’s ruling junta has ordered a full halt of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) vast Simandou iron ore project in the country’s southeast, with interim president Mamady…
Vizsla Silver intersects high-grade silver east of its Mexican Panuco project
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has released assay results from seven new drill holes targeting the Copala and Christiano veins, located east of the Tajitos resource area, at its…
GMS: Rise of ESG comes with risks and opportunities for miners
Environmental, social and governance (ESG) reporting has become more important in the mining industry, especially as companies seek fresh capital for projects, and as investors start to scrutinize ESG disclosures. …
Sanctioned Russian nickel could slow global EV adoption, report
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData. The result, such actions will…
Rio Tinto cuts ties with Russian businesses over Ukraine war
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has become the first major mining company to announce it was cutting all ties with Russian businesses, joining a massive exodus of…
MAC appeals for more investment ahead of federal budget
The Mining Association of Canada (MAC) has urged the government to invest more in critical minerals in this year’s budget to avoid “slipping behind” its competitors in the sector, while…
Talisker hits multiple high grades at Bralorne in BC
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has released more high grade results from drilling in the Bralorne West area of its Bralorne gold project in British Columbia. One highlight of…
Frontier Lithium boosts spodumene resources ahead of prefeasibility study
With the aim to supply raw materials for about half a million electric vehicles annually by 2025, Frontier Lithium (TSXV: FL; US-OTC: LITOF) has stepped up its pace by quadrupling indicated resources at its Spark deposit in northwestern Ontario. Spark now hosts 14.4 million tonnes grading 1.40%, up from the…