Fission Uranium updates PLS progress, arranges $50M ATM program
Fission Uranium (TSX: FCU; OTC: FCUUF) has provided an update on the feasibility study slated to be completed later this year for its 100%-owned Patterson Lake South (PLS) project in…
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Teck strikes deal to earn into Chile copper project
Australia’s Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, to develop the Loreto copper…
As cyber threats rise, how vulnerable are mining companies?
Rising geopolitical risks ever since Russia launched its attack on Ukraine, combined with a massive digital transformation in the mining sector in recent years to boost efficiency, has vastly increased…
TSX Venture Exchange falls, Apr. 18-22
The S&P/TSX Venture Composite Index tumbled by 51.58 points or 5.8% over the Apr. 18-22 trading session to end at 836.63. The week’s most actively traded stock was Alphamin Resources, which…
US markets fall during Apr. 18-22 trading week
The Dow Jones Industrial Average fell 600.29 points or 1.77% to 33,811.40 and the S&P 500 fell 119.91 points or 2.8% over the week to 4,271.78. Shares of Endeavour Silver…
TSX falls during Apr. 18-22 trading week
Over the Apr. 18-22 trading period, the S&P/TSX Composite Index fell 692.03 points or 3.2% to 21,186.38. The S&P/TSX Global Mining Index decreased 15.14 points or 12.85% to 117.82 and…
Rosatom, Nornickel to develop lithium project in Russia
Russia’s state-owned nuclear power supplier Rosatom and Nornickel, the world’s largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country’s northwest,…
Palladium One reports near 250% increase in indicated resource at LK in Finland
Palladium One Mining (TSXV: PDM; OTC: NKORF) has released a resource update on its 100% owned Läntinen Koillismaa (LK) PGE-copper-nickel project in north-central Finland that increases tonnage in the indicated…
Kinross sells Chirano gold mine in Ghana to Asante in $225M deal
Kinross Gold (TSX: K; NYSE: KGC) is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold (CSE: ASE) in a cash and shares deal…
Vital Metals blazing path to commercial production with Canada’s first rare earth mine
It’s a year of many firsts for Australia’s Vital Metals (ASX: VML; US-OTC: VTMXF) and its rare earth elements operation in the Northwest Territories. Following the establishment in 2021 of…
Chile constitution drafters reject mining-adverse proposal
Chile’s constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country’s natural resources, which would have hit the…
The view from England: Miners suffering from unintended consequences
As mining booms, the industry is suffering from the employment consequences of earlier bear-market bites. Most of us are aware from an early age that every action has consequences. Adults…