RANKED: World’s biggest nickel projects – 2022
Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far…
News
Kinross in negotiations to sell Russian mines
Canada’s Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets. As part…
S&P upgrades Barrick credit rating
S&P Global Ratings has upgraded Barrick Gold’s (TSX: ABX; NYSE: GOLD) long-term corporate credit rating a notch from BBB to BBB+. With a ‘stable’ outlook, S&P in a note said…
The Northern Miner Podcast – episode 284: Gold ‘mimicking the 1970s charts’, ft Gareth Soloway on markets, metals and speculative asset bubbles
This week’s episode features InTheMoneyStocks.com chief market strategist Gareth Soloway in conversation with host Adrian Pocobelli on recent developments in financial markets. Gareth explains the nature of technical analysis while…
Mountain Province rises to 12-month high on diamond market recovery
The Toronto-quoted equity of Mountain Province Diamonds (TSX: MPVD) has achieved a new 12-month high on March 29 after the company overnight reported record free cash flow in 2021 and…
Inomin shares rise on nickel, cobalt intercepts at Beaver project in BC
Shares of Inomin Mines (TSXV: MINE) traded at its highest price in the last five years as the company reported new discoveries of nickel, magnesium and chromium at its Beaver…
Osisko Development closes US$32.8M final tranche of non-brokered financing
Osisko Development (TSXV: ODV) has closed the second tranche of its previously announced non-brokered private placement. More than 9.4 million subscription receipts of the company were issued under this tranche…
Rio Tinto secures lithium project in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following Australia’s Foreign Investment Review Board (FIRB) approval…
Pure Gold Mining needs to raise $50M to keep its Red Lake mine running
Shares of Pure Gold Mining (TSXV: PGM) fell to its lowest in a year after the company announced it will need to raise funds within the next 30 days to…
Osisko Metals to buy former Gaspé copper mine in Quebec from Glencore
Osisko Metals (TSXV: OM; OTC: OMZNF) has signed an option to purchase the former Gaspé copper mine from Glencore Canada. The mine, located near Murdochville, Quebec, was developed and operated…
TSX Venture Exchange rises, Mar. 21-25
The S&P/TSX Venture Composite Index rose 19.65 points or 2.3% over the Mar. 21-25 trading week to end at 866. The top two gainers on the Venture Exchange by value…
TSX falls during Mar. 21-25 trading week
Over the Mar. 21-25 trading period, the S&P/TSX Composite Index fell 3.19 points or 0.014% to 22,005.94. The S&P/TSX Global Mining Index increased 2.06 points or 1.61% to 127.39 and…