Canadian mint introduces bullion coin using Éléonore gold
The Royal Canadian Mint’s newest single-mine Gold Maple Leaf coin is entirely sourced from Newmont’s (NYSE: NEM; TSX: NGT) Éléonore mine in northern Quebec. The coin weighs one Troy ounce…
Canada
Lithium Americas shares soars in first day of trading as North American pure-play miner
Canada’s Lithium Americas began trading Wednesday on the Toronto and New York exchanges under its new ticker (LAC) as a result of the recent separation of its North American and…
Barrick to invest US$2B in Zambia copper mine expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) will invest almost $2 billion in an expansion of its Lumwana copper mine in Zambia, the company said on Wednesday. The project will increase…
Canadian Copper adds to Murray Brook resource ahead of PEA
Canadian Copper (CSE: CCI) has released a new resource estimate for its Murray Brook copper-zinc project near Bathurst, N.B. The company took a majority stake in Murray Brook earlier this…
Vale taps BluestOne to repurpose nickel refinery waste in Brazil
Vale (NYSE: VALE) has inked a commercial off-take and non-binding deal with BluestOne, a Brazilian company that transforms waste to products for agriculture, to extract materials from its Onça Puma…
Canadian miners drive value in TSX Top 30 rankings
Seven out of the 30 companies on the Toronto Stock Exchange’s TSX30 list, which ranks the top-performing stocks over three years, are in the mining sector. While the industry at…
Labour costs: Canadian miners see modest pay raises
Hourly wages at mines in Canada climbed at less than half the rate of salaries at top jobs, a new survey shows. The annual pay for a mine general manager…
Processing unit of Canada’s only rare earths miner goes bankrupt
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, has declared bankruptcy for a Canadian subsidiary after a review of its half-finished $55-million processing facility in…
Resource stocks ready for a comeback
You’d be hard-pressed to find anyone who’s overtly bullish on commodities right now. But that’s exactly why you should be taking notice. Negative sentiment is opening up colossal buying opportunities…
Argonaut Gold mulls Mexican asset sale to sharpen focus on flagship Magino mine in Ontario
As it nears commercial production at its Magino mine in Ontario — its first in Canada — Argonaut Gold (TSX: AR) is considering a path leading away from its aging…
Fission set on 2025 Patterson Lake South construction start
With construction of its Patterson Lake South uranium mine planned to start in 2025, Fission Uranium (TSX: FCU; US-OTC: FCUUF) is managing important upcoming milestones to realize its vision of…
Northvolt to build multibillion-dollar battery plant in Quebec
Swedish lithium-ion battery manufacturer Northvolt announced on Thursday that it will build a giga lithium-ion battery plant in Saint-Basile-le-Grand and McMasterville, Que. Northvolt Six will have an annual cell production…