TNM Drill Down: Top gold assays for the week of Oct. 21-28, 2022
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our…
Canada
PureGold Mining seeks creditor protection
Canadian precious metals miner PureGold Mining (TSXV: PGM; LSE: PUR) has applied for an initial order for creditor protection from the Supreme Court of British Columbia, having considered its cash…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Federal government stiffens guidelines on foreign involvement in Canada’s critical mineral sectors
The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada’s critical minerals sectors. In a joint news release issued…
Teck Resources hikes cost of QB2 copper project in Chile again
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least…
Indigenous-led EAs are on the horizon
At the recent Indigenous Led Projects Forum in Toronto in late September — the first event of its kind — co-host Michael Fox shared some of the big changes that…
Osisko Mining bulk sample averages 65.5 grams gold per tonne
Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau. Recently…
Cameco reports Q3 uranium contracting gains, touts scooping Russian market share
Canadian uranium major Cameco (TSX: CCO; NYSE: CCJ) has narrowed its September-quarter loss, citing building momentum in long-term contracting by power utilities amid concern about global energy security and the…
Commerce’s Ashram rare earth sample signals Quebec project’s global green metal ambition
Commerce Resources (TSXV: CCE ; US-OTC: CMRZF) has produced its largest rare earth oxides sample yet from its Ashram project in northern Quebec as it develops what it calls the…
Teck exits oilsands with $1B sale of Fort Hills stake to Suncor
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, is exiting the oilsands business with the sale of its 21.3% stake in the Fort Hills project to Suncor…
First Quantum posts disappointing Q3, revises guidance on Kansanshi struggles
First Quantum Minerals (TSX: FM) has reported considerably lower third-quarter financial results, citing margin compression because of a declining copper price, cost inflation, and challenged performance from its Kansanshi copper…
Denison in ‘milestone’ EIS submission for Wheeler River uranium project
Denison Mines (TSX: DML; NYSE: DNN) has filed its environmental impact statement (EIS) with the Saskatchewan Ministry of Environment and the Canadian Nuclear Safety Commission, reaching another milestone for its…