Alrosa nixes dividend as economic sanctions bite
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
Canada
Gold price may be set to rise – but so are risks for miners
Amid the frenzied analyses of supply, demand and spiking prices for green metals and critical minerals, another metal may be preparing to steal the spotlight: gold. While the price of…
Hudbay Minerals needs US$1.9B for Copper World project in Arizona
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) unveiled Wednesday a preliminary economic assessment (PEA) for its Copper World Complex in Arizona, which includes recently discovered deposits at the property as well as the…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
Tahltan-BC agreement puts Indigenous consent at centre of permitting process for Skeena’s Eskay Creek
Skeena Resources (TSX: SKE; NYSE: SKE) is welcoming the historic consent-based decision-making agreement reached earlier between the province of British Columbia and the Tahltan Central Government, the political arm of…
GMS: Maureen Jensen on the ‘advent of digital finance’
The brisk, sweeping changes Industry 4.0 brings to the financial landscape are forcing miners to rethink how they operate while regulators closely watch and prepare to implement new rules to…
GMS: Quebec ready to partner with critical mineral explorers and developers
Backed by its recent actions in the critical minerals space, the Quebec government laid out a strong case for why mineral exploration and mining development in the francophone province is…
Westhaven continues to extend FMN zone at Shovelnose, intersecting highest silver intercept to date
Westhaven Gold (TSXV: WHN) continues to obtain high-grade results from ongoing drilling at its 100% owned Shovelnose gold project, with elevated gold and silver encountered in different areas of mineralization at the…
JV Article: Stuhini Exploration weighs up potential of Ruby Creek molybdenum project in BC
Stuhini Exploration (TSXV: STU) is exploring and developing base and precious metal projects in Western Canada, where it controls over 809 sq. km of prospective mineral tenures. The Canadian junior’s focus…
TSXV falls during May 30-June 3 trading week
Over the May 30 to June 3 trading week, the S&P/TSX Venture Composite Index fell 4.08 points or 0.6% to end at 720.11. Shares in Los Andes Copper gained $1.20…
Toronto Exchange to launch battery metals index
Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition. The S&P/TSX Battery Metals Index…
Maritime closing in on feasibility for Hammerdown gold project
Maritime Resources (TSXV: MAE) has provided an update on its 100%-owned Hammerdown gold project, which it is advancing towards the feasibility stage, after finalizing the project design and obtaining most…