Equinox Gold sells massive stake in Solaris Resources
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has sold 11 million common shares in Solaris Resources (TSX: SLS) for aggregate gross proceeds of $70.4 million, cutting its ownership to less than…
Canada
Mosaic cuts back production at Colonsay potash mine
US fertilizer producer Mosaic (NYSE: MOS) has temporarily cut production at its Colonsay potash mine in Saskatchewan, Canada, due to slower-than-expected demand. Prior to the curtailment, Colonsay had been operating at…
Kodiak Copper stock rises following high-grade gold-silver find in BC
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) has made new high-grade gold-silver discovery from trenching at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The discovery was made…
Probe Metals, Midland, make polymetallic discovery at La Peltrie in Quebec
Probe Metals (TSXV: PRB) and Midland Exploration (TSXV: MD) have announced a new copper-gold-silver-molybdenum discovery at the La Peltrie project in Quebec’s Detour Lake region, with hole LAP-22-012 drilling 345 metres…
Eldorado Gold reports declining reserve base
Eldorado Gold (TSX: ELD; Nasdaq: ELD) has reported a 7% year-on-year drop in the reserve base underpinning its four operating mines in Turkey, Greece and Canada to 7.4 million oz….
Geotechnical instability forces Teck to suspend Highland Valley pit ops
Diversified miner Teck Resources (TSX: TECK.B, TECLK.A) temporarily closed the Highland Valley copper mine’s Valley pit on Monday. Teck said in a brief news release the closure was a proactive…
TNM Drill Down: Top gold assays for the week of Nov. 25. to Dec. 2, 2022
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81. Leading value gainer for…
TSX Venture Exchange ends Nov. 28–Dec. 2 trading week higher
The S&P/TSX Venture Composite Index ended the Nov. 29-Dec. 2 trading session at 599.20 points, up 23.56 points or 4.1% higher. Topping the percentage gainers this week was Queensland Gold,…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
EPA in ‘regulatory overreach’ with renewed Pebble project veto, says proponent
The U.S. Environmental Protection Agency’s (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK). In…
Global Exploration Snapshot: Eight companies to watch
While the search for new gold deposits across the world never lets up, explorers are picking up the pace seeking out critical minerals. Here’s a glimpse of eight companies exploring for precious and…