Alamos targets 1M oz in gold output by 2030
Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs decrease. The stock rose. Gold…
Canada
Sprott uranium buying hits milestone
It’s retail therapy this quarter for the Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) which this week bought 250,000 lb. of uranium oxide (U3O8) as part…
VRIC Video: Wheaton sees 1M oz sooner as production growth accelerates
Wheaton Precious Metals (TSX, NYSE, LSE: WPM) is coming off its best year ever with the help of four new mines entering production and stronger output from existing assets, CEO…
Fitch Solutions’ BMI boosts industrial metals forecasts
Analysts at Fitch Solutions’ BMI have lifted their price forecasts for industrial metals to reflect the speculative momentum in the sector as well as strong market fundamentals and macroeconomic forces….
AME Video: DRC export curbs revive cobalt, Adamas Intelligence says
The Democratic Republic of Congo’s surprise move last year to curb cobalt exports helped lift prices and pushed higher costs back into the electric-vehicle supply chain, Adamas Intelligence battery-metals analyst…
Glencore hints at 2027 smelter closure absent deal
Glencore (LSE: GLEN) said it’s halting all spending on emissions reduction at its Horne smelter in northern Quebec after failing to reach a deal with the provincial government on a…
Torngat eyes Strange Lake feasibility study as timing slips for Quebec rare earths project
Privately held developer Torngat Metals has pushed back its target for starting rare earths production at the $2-billion (US$1.46-billion) Strange Lake project in northern Quebec by about a year due to permitting and other delays. Until recently, the Montreal-based company had been saying…
Skeena clears final permit for Eskay Creek restart
Skeena Gold & Silver (TSX: SKE) shares rose on Tuesday after the company secured its final regulatory approval to advance the Eskay Creek project in British Columbia. The miner received…
Editorial: Gold loves chaos. Mines don’t.
In this editorial for the February edition of The Northern Miner, we take a look at how the first month of the new year has seemed crazier than most. Precious…
Macro forces driving metals jump still intact: Jefferies
Gold’s sharp pullback last week may have handed investors a new entry point into mining equities because wider economic forces driving the recent “metals melt-up” remain intact, Jefferies argues in…
VRIC JV Video: Trinity One buys Ecuador’s Silver-1
Vancouver-based Trinity One Metals (TSXV: TOM; US-OTC: ARJNF) has agreed to acquire Ecuador’s past-producing Silver-1 mine, a deal CEO Thomas Wood said would give the roughly $9-million microcap a primary-silver…
JV Video: Toogood extends Quinlan, lines up Mélange
Toogood Gold (TSXV: TGC; US-OTC: TGGCF) drilling last year expanded the Quinlan discovery at its 164-sq.-km project in Newfoundland and helped sharpen targets for the next round of step-outs. The…