Orla Mining threatens arbitration in Panama
Canada’s Orla Mining (TSX: OLA; NYSE: ORLA) may take Panama to an arbitration court following the government’s rejection of a permit extension for the three mining concessions in the Cerro…
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Lithium Ionic expands Brazil resources by a quarter
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) says it has grown its combined resources at the Salinas and Bandeira projects in Minas Gerais state, Brazil by 26%. The Bandeira project holds 23.7 million…
Flying Nickel adds 42% to Minago resource, issues first PGM estimate at Manitoba project
Flying Nickel Mining (TSXV: FLYN; US-OTC: FLYNF) increased its pit resource at the Minago project in Manitoba by 42% and added a platinum group metals (PGM) estimate for the first…
CleanTech Lithium CEO steps down amid loan issue
Chile-focused explorer and developer CleanTech Lithium (LSE: CTL) accepted on Friday the resignation of its CEO, Aldo Boitano, who was suspended earlier this week for failing to disclose a share-backed…
Denarius sees quick restart for former Lundin nickel-copper mine in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) has released a prefeasibility study that supports the reopening of its 50%-owned Aguablanca nickel-copper mine in Spain. Last operated by Lundin Mining (TSX: LUN)…
Glencore tussles with farmers in Australian court over carbon storage plan
Australian farmers are taking mining giant Glencore (LSE: GLEN) to federal court to block a carbon capture and storage plan they say will pollute an underground water reservoir a fifth…
Forget groceries, Costco sells up to US$200M of gold bars and silver coins every month
Given its pricing and shipping costs, analysts with Wells Fargo wrote that it’s likely a “very low-profit business at best.”
The big crunch is here as copper decouples from market cycles, BofA says
Copper is increasingly ‘dancing to its own tune’, with prices of the red metal forecast to reach about US$12,000 per tonne by 2026, say Bank of America analysts. BofA analysts…
Canada Nickel starts working on Crawford, eyes 2027 production
Canada Nickel (TSX-V: CNC) has kicked off front end engineering design (FEED) at its flagship Crawford nickel project in northern Ontario, which it expects to bring into production in 2027. Ausenco…
Video: Tudor Gold discovers ‘Brucejack-style’ supercell at Treaty Creek’s Goldstorm
Tudor Gold‘s (TSXV: TUD) Goldstorm deposit in British Columbia surprised geologists with a high-grade structure called a ‘supercell’ when it updated the resource statement in February, CEO Ken Konkin says…
Video: Generation Mining poised to build Marathon mine if palladium price improves, chairman says
Generation Mining’s (TSXV: GENM) Marathon palladium-copper project in northwest Ontario is construction ready, with more than $1 billion in financing lined up, pending higher metal prices, founder and chairman Kerry…
Sibanye-Stillwater to axe 4,000 jobs in South African gold mines restructuring
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says the planned reorganization of its four gold operations in South Africa could lay off 4,022 workers — 3,107 employees and 915 contractors. The company…