U.S. inflation knocks NYSE lower last week
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected inflation for January of 6.4%…
Canada
TNM Drill Down: New Pacific Metals reports top gold hit during Feb. 17-24
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Base and battery metals Snapshot: Eight companies targeting critical minerals
The growing demand for clean energy technologies is driving exploration and development of critical mineral deposits around the world. Here’s a look at eight companies on the hunt for everything…
GMS: Wyloo hopes to integrate Ontario-based Ring of Fire nickel supply chain
Multinational Wyloo Metals has reiterated its commitment to establishing an Ontario-centric integrated critical minerals supply chain, CEO Luca Giacovazzi told The Northern Miner’s recent Global Mining Symposium. The privately-held Australian…
Lithium Royalty to issue IPO with eye on Quebec investment
Lithium Royalty, a Toronto-based investor in battery metal producers, is planning to list on the city’s stock exchange to raise capital as it considers opportunities in Quebec for the fast-growing…
GMS: Risk-averse Wheaton eyes Australia as China buoys gold price
Resurgent Chinese demand can overcome a potential recession while the gold price remains strong and Wheaton Precious Metals (TSX: WPM; NYSE: WPM) expands its production by 40% over four years,…
Victoria Gold issues new mine plan for Eagle, adds to resource
Victoria Gold (TSX: VGCX) has issued an updated life-of-mine plan for the Eagle gold mine in central Yukon, and posted an increase in resources. The Eagle mine is part of…
Eldorado says gold production to grow 55% in five years with Skouries restart
Eldorado Gold (TSX: ELD; NYSE: EGO) expects production to significantly increase over the next five years thanks to the addition of the Skouries gold-copper mine in northern Greece. The company’s…
GMS: Hecla chairperson promotes family offices, solar power, North America focus
Catherine Boggs, chairperson of Hecla Mining (NYSE: HL), the largest silver producer in the United States, sees opportunities for juniors to tap private wealth, a new lifeline in solar panels…
Rio Tinto to spend U$40M on Diavik diamond mine expansion
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is going ahead with a US$40-million expansion of its iconic Diavik diamond mine in the Northwest Territories, which will extend the operation’s…
Uranium market gathers momentum – towards a supply shortfall
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in…
Site visit: Arizona juniors keen to shore up made-in-America copper supply
A handful of Arizona-focused copper juniors are making steady progress delineating resources and fine-tuning potential development plans towards feeding an independent, Western supply chain. Near the semi-desert town of Casa…