Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
Canada
Luca Mining expands Tahuehueto mine with Fresnillo land deal
Canada’s Luca Mining (TSX-V: LUCA) has bought the Humaya 3 mining concession in Durango, Mexico, from Minera Mexicana La Ciénega, a unit of Fresnillo (LON: FRES), the country’s largest silver…
Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
Northern Graphite taps fed funds for Quebec mine
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has been given a lifeline to extend operations at its main Lac des Îles mine in Quebec, the only graphite producer in North America,…
Equinox Gold kicks off ore processing at Valentine
Equinox Gold (TSX, NYSE-A: EQX) has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected next month. “I am pleased to announce that…
Americas Gold & Silver hits bonanza grades in Idaho
Americas Gold & Silver (TSX: USA; NYSE-A: USAS) on Friday said it had traced a high-grade upper extension of the producing 149 Vein at its Galena Complex in Idaho. Drilling…
First Nations buy BC port serving Newmont mines
Two First Nations groups have partnered with a trucking company to buy a bulk terminal port near British Columbia’s border with Alaska serving Newmont’s (TSX: NGT; NYSE: NEM) Brucejack and…
$1M gold up for grabs as Canada Treasure Hunt begins
There’s more than $1 million in physical gold hidden somewhere in Canada, but rather than your grandfather’s pick axe and head lamp, only knowledge and wits are needed to find…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Ivanhoe maintains DRC zinc forecast, hits records
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says a program to remove constraints at its Kipushi zinc mine in the Democratic Republic of Congo was recently completed ahead of schedule and…
Electric Metals stock nearly triples on North Star manganese PEA
Electric Metals’ (TSXV: EML; US-OTC: EMUSF) shares more than doubled on a new preliminary economic assessment (PEA) for its North Star manganese project in Emily, Minn., showing it’s among the…
Evolve Royalties in $70M deal for Voyageur Explorers
Private firm Evolve Strategic Element Royalties is poised to acquire the Prairies- and copper-zinc-gold-focused Voyageur Mineral Explorers (CSE: VOY) in a reverse takeover valued at $70.3 million. Voyageur is…