TSX Venture falls during July 11-15 trading week
Over the July 11-15 trading week, the S&P/TSX Venture Composite Index fell 21.95 points or 3.7% to end at 584.43. Shares of IsoEnergy rose 21¢ to $3.03 during the trading…
Canada
TSX sees more pain during July 11-15 trading week
July 11-15 was another painful week for metals markets and equities. The S&P/TSX Composite Index slid 628.41 points, or 3.3% to 18,394.45; the S&P/TSX Global Mining Index lost 5.44 points…
Barrick close to final deal with Pakistan on US$7B copper project
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it’s close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the…
Gold Fields unlikely to further sweeten Yamana deal: CEO
South African miner Gold Fields (NYSE: GFI; JSE: GFI) trusts that Yamana Gold’s (TSX: YRI; NYSE: AUY) shareholders will back its planned US$6.7-billion takeover of the Canadian gold miner. The…
CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan, stock surges
CanAlaska Uranium (TSXV: CVV; OTC: CVVUF) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint…
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) flagged on Friday a cost increase of $300 million for the ongoing expansion of its massive Oyu Tolgoi copper-gold mine in Mongolia….
Rio Tinto invests US$188M to upgrade aluminum smelter in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing US$188 million to increase the production capacity for low-carbon, high-value aluminum billets at its Alma smelter in Lac-Saint-Jean, Que., by…
Barrick sees 5.4% bump in quarterly gold output; copper production up 18.8%
Barrick Gold (NYSE: GOLD; TSX: ABX) has reported its preliminary second quarter operating results, showing total gold production of 1 million oz. and copper production of 120 million lb. During…
Wallbridge spins out nickel assets to focus on gold
Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is selling its nickel assets to Archer Exploration (CSE: RCHR) in an all-share deal worth $53.6 million. The company said it wants to focus…
Osisko Metals updates Pine Point PEA, showing zinc project with $602M after-tax NPV
Osisko Metals (TSXV: OM; US-OTC: OMZNF) has released an updated preliminary economic assessment (PEA) for its wholly owned Pine Point base metals project located near the town of Hay River,…
Rock Tech signs framework agreement with car maker in Germany
Rock Tech Lithium (TSXV: RCK; US-OTC: RCKTF) has signed a framework agreement with an unnamed global car maker headquartered in Germany to supply lithium hydroxide over an initial five-year period….
Ecuador court endorses environmental permits for Dundee’s Loma Larga
Dundee Precious Metals (TSX: DPM) has scored a win in Ecuador as a local court upheld the validity of the company’s environmental permits for exploration at its Loma Larga gold underground…