Equinox Gold to buy Calibre for $2.56B
The combined company is expected to be Canada’s second-largest producer of gold.
Canada
Lucara shares up on annual diamond production record
Canada’s Lucara Diamond (TSX: LUC) achieved record-breaking production in 2024, highlighted by the recovery of two exceptional stones at its prolific Karowe mine in Botswana. Shares jumped 15.7%. The miner increased…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
Island expansion brings almost 1M oz output into focus for Alamos Gold
Alamos Gold’s (TSX, NYSE: AGI) organic growth plans are poised to boost the production profile to the near‐million-ounce club by the end of the decade, CEO John McCluskey tells The…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….
Grid Metals signs cesium supply deal with Tanco
Grid Metals (TSX: GRDM; US-OTC: MSMGF) agreed to supply China-controlled Tantalum Mining (Tanco) with cesium in exchange for exploration funding on the Donner and Falcon West projects in Manitoba. Tanco…
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from parent company TMX. Power Nickel…
Northisle PEA doubles value of BC copper-gold project
Northisle Copper and Gold (TSXV: NCX) has issued a new preliminary economic assessment (PEA) for its North Island project that almost doubles the net present value, raises the internal rate…