Building a ‘Canadian mining Champion’
Whatever one thinks of the logic behind the ‘merger of equals’ announced this week between Agnico Eagle Mines and Kirkland Lake Gold, one thing is abundantly clear: The business combination…
Canada
Sayona Mining acquiring another Quebec lithium project
Emerging Australian lithium producer Sayona Mining (TSX: SYA; US-OTC: SYAXF) has agreed to acquire control of the Moblan lithium project in the Eeyou-Istchee James Bay region of northern Quebec. Sayona…
Rio Tinto disputes report saying mismanagement caused Oyu Tolgoi’s woes
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project’s…
Global Mining Symposium: Peter Marrone on Yamana’s ‘generational’ mines
Peter Marrone, executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), shared his views on the company’s ‘generational’ strategy and assets — mines with several decades…
GoGold Resources releases assays from new drilling program in Mexico
Halifax-based GoGold Resources (TSX: GGD) has released results for the initial holes drilled at its Mololoa target, part of the company’s Los Ricos North exploration project in Mexico’s Jalisco state,…
Rescue of 39 from Totten nickel mine succeeds
Early this morning Vale SA (NYSE: VALE) announced that all 39 miners had been brought safely to the surface from the Totten mine. “I’d like to congratulate our rescue team,” Vale…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Iamgold pledges net negative GHG emissions by 2050
Iamgold (TSX: IMG; NYSE: IAG) pledged this week that it will achieve net negative greenhouse gas (GHG) emission no later than 2050. To reach that goal, the company has two…
Kirkland Lake shares up on M&A rumour
Kirkland Lake Gold (TSX: KL) rose nearly 8.5% in early trading Monday after IKN News released a statement Sunday saying the gold miner was “marketing itself to the highest bidder.”…
JV Article: Headwater Gold targets bonanza gold in the western US
The western United States has long been a source of mining riches, with Nevada a prime example. The state has one of the highest gold endowments on the planet, annually…
Hudbay drills three new zones at Copper World project, near Rosemont
Hudbay Minerals (TSX: HBM; NYSE: HBM) has drilled more high-grade copper sulphide and oxide mineralization at its near-surface Copper World project, 7 km from the Rosemont project in Arizona. Drilling…
First Cobalt resumes drilling at Iron Creek
First Cobalt (TSXV: FCC; US-OTC: FTSSF) said today that it has begun drilling at its Iron Creek cobalt-copper project in Idaho, seeking to double production as higher demand for electric…