First Quantum launches US$1B debt offering
First Quantum Minerals (TSX: FM) is offering US$1 billion in senior notes to repay existing loans and redeem previously issued notes. First Quantum’s stock was up 1.2% by 11:30 a.m….
Canada
Osisko cofounder Wares praises private equity, scolds debt financiers, nips NIMBYism
Osisko Metals (TSX: OM; US-OTC: OMZNF) is part of a rising trend tapping private equity to help build projects, but it’s wary of the growing role of “predatory” debt financing. …
Faraday cuts 46 metres of 1.68% copper at Arizona project
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has assays from six recent holes at its Copper Creek project in Arizona, and the best of them tested 1.68% copper, 0.33 gram gold…
Canagold adds to gold resource at New Polaris project in BC
An updated resource from Canagold Resources’ (TSX: CCM, US-OTC: CRCUF) raises the indicated ounces at its flagship New Polaris gold project in British Columbia by 89%, the company said Tuesday. …
Alamos brings Midas touch to Puerto Del Aire near Mulatos
Drilling by Alamos Gold (TSX: AGI; NYSE: AGI) has extended high-grade gold mineralization outside the Puerto Del Aire (PDA) underground deposit next to its cornerstone Mulatos open pit in Sonora…
TNM Drill Down: Delta Resources’ namesake project in Ontario tops gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (May 5-12). Drill holes are ranked by gold grade x width, as identified by our…
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
Silvercorp to buy copper-gold focused junior Celsius Resources
Silvercorp Metals (TSX: SVM) is moving towards being a diversified precious-base metals producer with the signing of a preliminary agreement to acquire Australia’s Celsius Resources (ASX: CLA) in a stock-plus-cash…
Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Lucara loses lustre as diamond production, sales disappoint
Lucara Diamond (TSX: LUC; BSE: LUC) has reported lower production and sales figures during the March quarter as mine sequencing and persisting soft market conditions weighed on the bottom line,…
How to invest in lithium explorers: pitfalls and pointers
Exploring for lithium, a key component in electric vehicle batteries, is all the rage as companies seek to plug the gap between low supplies and surging demand to fuel the…
Delta Resources shares soar after reporting bonanza gold grades in Ontario
Delta Resources (TSXV: DLTA) is closing in on a 52-week high on Friday following the release of bonanza-grade results from drilling at its Delta-1 gold project, located 50 km west…