TSX moves higher during Jan. 23-27 trading week
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
Africa
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
Fortuna Silver trims Yaramoko reserve estimate after evaluation, drill work
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has updated reserves and resources for the Yaramoko mine complex in Burkina Faso following its July 2021 purchase of the project through the…
Weaker consumer confidence dents plug-in electric vehicle uptake, critical minerals briefing hears
Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Stillwater expands resource, nickel by more than half at Montana project
Stillwater Critical Minerals (TSXV: PGE; OTC: PGEZF) has increased its resource estimate tonnage significantly at its Stillwater West battery and platinum metals project in Montana as it looks to emulate…
Canaccord bullish on gold price, Endeavour, Kinross and Probe
Investment bank Canaccord Genuity is upbeat on the gold price and production margins as recession looms and the United States dollar retreats. It also picks Endeavour Mining (TSX: EDV; LSE:…
Vedanta to sell zinc assets for US$2.98 billion in cash
Multinational Indian miner Vedanta Ltd. (NSE: VEDL) is selling its zinc assets to a unit of the company, Hindustan Zinc, in a US$2.98 billion all-cash deal. Vedanta Ltd. and Hindustan…
B2Gold meets production guidance for seventh year running
B2Gold (TSX: BTO; NYSE-AM: BTG) produced 1.03 million oz. gold last year with 367,870 oz. or about 36% of the total coming from the fourth quarter. Annual production, which included…
GoviEx sells Falea uranium project in Mali
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO; US-OTC: NDENF) in a $5.5 million cash and share deal….
Barrick on the backfoot as FY22 output misses guidance
Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold’s (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on…
Push tech jobs to attract women to industry, forum panel says
The industry needs to encourage mentors, adjust mindsets and offer technology jobs to boost the level of women from just 8% of the global mining workforce, according to a panel…