Newmont touts Goldcorp synergies as clock ticks on Newcrest takeover bid
As an exclusive four-week due diligence period for Newmont (NYSE: NEM; TSX: NGT) to assess the Newcrest Mining (TSX: NCM; ASX: NCM) data room draws to a close, Newmont says…
Canada
Generation Mining in US$400M debt deal to advance Marathon project
Generation Mining (TSX: GENM; OTC: GENMF) has arranged a senior finance facility of up to $540 million (US$400 million) for its 100%-owned Marathon palladium-copper project in northern Ontario. A syndicate…
BMC Minerals expands Yukon portfolio with $3.6M Kona copper-gold deal
BMC Minerals has acquired 100% of the Kona copper-gold deposit from Pacific Ridge Exploration (TSXV: PEX) in southern Yukon as part of a $3.6-million deal. In late March, BMC made…
RANKED: World’s biggest nickel projects
Nickel is a crucial component in the batteries that power electric vehicles, and as the the world shifts towards electrification, data from International Nickel Study Group shows a massive 22% year…
Emerita readies first resource for La Romanera in Spain
Iberian Pyrite Belt-focused explorer Emerita Resources (TSXV: EMO; US-OTC: EMOTF) on Monday reported a strong batch of drill results from its La Romanera polymetallic deposit ahead of an initial resource…
NexGen, Fission power ahead at Rook I, PLS uranium projects
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…
Eldorado Gold shares rise on Q1 production jump, earnings beat
Eldorado Gold (TSX: ELD) has reported a 21% bump in first-quarter production to 112,533 oz. gold from the same period last year on the back of higher gold production at…
Hudbay on track for carbon-neutral operations at Constancia in Peru
Hudbay Minerals (TSX: HBM; NYSE: HBM) says a renewable energy contract it’s inked in Peru for its Constancia copper operations marks a major milestone towards meeting its 2030 goal to…
Glencore says takeover bid for Teck stands after spinoff fails
Glencore (LSE: GLEN) is far from giving up on its plan to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) as it confirmed on Thursday its bid for Canada’s largest…
SPC Nickel drills historic Sudbury project en route to late 2023 resource
SPC Nickel (TSXV: SPC) has announced new assay results from drilling at its West Graham project, located in the nickel-copper mining district of Sudbury, Ont. West Graham is made up…
Nighthawk soars on NWT gold project’s two-year payback
Shares in Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) jumped more than 20% after the company said its Colomac project in the Northwest Territories could pay for itself in about two…
Teck takes restructuring plan off the table ahead of vote
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has decided to withdraw its plan to split up the company into two — a base metals and a coal…