Canada Nickel grows Main and East zones at Crawford
Canada Nickel (TSXV: CNC) has released full assays for hole CR20-33 as well as nickel assays for hole CR20-32, which step out the East zone nickel-PGM mineralization by 400 metres…
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BofA forecasts metal price recovery post-COVID-19
Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic disruptions caused by the coronavirus…
EPA declines to evaluate Northern Dynasty’s Pebble project despite concerns
Northern Dynasty Minerals (TSX: NDM) appears to be back on track towards obtaining final permits for its proposed massive copper-gold mine in Alaska after the US Environmental Protection Agency (EPA)…
Codelco profits down 85% despite output increase
Chile’s Codelco, the world’s largest copper producer, saw profit nosedive in the first three months of the year as prices for the metal dropped to an average of US$2.49 per…
BMO raises long-term precious metal price forecasts
BMO Capital Markets has hiked its long-run gold and silver price forecasts to US$1,400 per oz. and US$18.25 per oz., increases of 16.7% and 5.8%, respectively. The bank’s long term…
Hudbay increases exposure to gold in Canada
After beginning the year by formally appointing Peter Kukielski as its CEO, and this month settling a long-drawn-out boardroom battle with its second-largest investor, Canadian copper producer Hudbay Minerals (TSX,…
Streaming company Nomad Royalty lists on TSX
Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of…
Wesdome Gold plans low-cost mine at Kiena
Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d’Or and 100 km east of Rouyn-Noranda…
O3 Mining to raise $35M for Quebec exploration
O3 Mining (TSXV: OIII) has entered an agreement with a syndicate of underwriters to raise $35 million (upsized from $30 million) for exploration at its projects in Quebec and for…
Marathon Gold a ‘takeover target’ says National Bank Financial
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has completed a bought deal financing raising $34.5 million that will be spent on permitting, development and exploration at its wholly owned Valentine gold…
Lithium prices to jump as pandemic hinders expansions, analyst says
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in…
Rio Tinto extracts high-purity scandium in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO) has developed a way to extract high-purity scandium oxide from waste at its titanium dioxide production facilities in Quebec. The company has been using…