SSR Mining soars on strong earnings beat
SSR Mining (Nasdaq, TSX: SSRM), the third-largest U.S.-based gold miner by output, soared to its highest share price in nearly two years on Wednesday after reporting second-quarter results that incorporated…
Canada
NexGen doubles uranium sales ahead of Rook I OK
NexGen Energy (TSX, NYSE: NXE; ASX: NXG), advancing the largest development-stage uranium deposit in Canada, said Wednesday it has secured a major new offtake contract with a large U.S.-based utility. …
US courts Cook Islands for deep-sea mining
The United States has begun talks with the Cook Islands for research on seabed mineral exploration and development, just months after the South Pacific nation inked cooperation pacts with China that…
Denison shares rise on key Saskatchewan approval
Canada’s first potential in-situ recovery (ISR) uranium project has moved one step closer to reality with Denison Mines (TSX: DML; NYSE: DNN) receiving its environmental assessment (EA) approval from Saskatchewan….
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
First Quantum scores $1B Royal Gold streaming deal
Canadian miner First Quantum Minerals (TSX: FM) has secured a $1-billion (C$1.38 billion) gold streaming deal with a subsidiary of Royal Gold (Nasdaq: RGLD), the companies announced Tuesday. The agreement…
Fortuna rises on larger gold resource in Senegal
Fortuna Mining (NYSE: FSM; TSX: FVI) has boosted the resource for its Diamba Sud gold project in Senegal ahead of a preliminary economic assessment (PEA) later this year. The project…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
Canada’s Voisey’s Bay, Sudbury expansions boost Vale nickel, copper output
Vale’s (NYSE: VALE) Canada operations led its second-quarter performance with a 44% rise in nickel output at Voisey’s Bay in Labrador and higher output at its Sudbury operations. Nickel sales…
Ivanhoe’s Friedland raises Kamoa-Kakula cost outlook
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has started a second stage of dewatering Kamoa-Kakula, Africa’s largest copper operation, but increased its production cash cost forecast by 12%. Two submersible…
Eldorado Gold keeps $1B Skouries on track
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) says its Skouries copper-gold project in Greece is on track with its February forecast of first production in early 2026 and commercial output…
JV article: Rackla drills Grad project in Far North
After discovering several precious metals deposits in Central America and Mexico, four of which became mines, veteran mining financer Simon Ridgway has returned to his prospector roots in Canada. The…