Rising uranium price, sales volume boost Cameco earnings
Higher sales volumes and realized prices for uranium production and fuel services meant that Cameco’s (TSX: CCO; NYSE: CCJ) 2023 net earnings and cash from operations more than doubled from…
Canada
Video: Mazumdar highlights sector’s challenges; need for sentiment shift
Of the many challenges facing the mining sector right now, the biggest one is investor sentiment, says Joe Mazumdar, mining analyst, editor and writer of the Exploration Insights Newsletter. Mazumdar,…
Cash crunch has junior miners feeling ‘despondent’
According to Mining Intelligence data, mining financings tumbled by around 13% last year, after falling a precipitous 45% the previous year. Numbers from the Prospectors and Developers Association aren’t in…
Sun Peak shares rise as it looks to resume exploration in Ethiopia
Shares in Canadian junior miner Sun Peak Metals (TSXV: PEAK; US-OTC: SUNPF) rose to their highest level in nearly three years on Wednesday after announcing it’s prepared to resume exploration…
Temas Resources’ La Blance PEA pushes shares to 12-month high
An assessment for Vancouver-based Temas Resources’ (CSE: TMAS) La Blache titanium-vanadium-iron project in eastern Quebec boasts a $6.8-billion net present value that is more than six times higher than its…
Li-Metal completes concept study for world’s first carbonate-to-metal lithium plant
Once in production, the facility would have an annual capacity of up to 1,000 tonnes.
JV Video: Red Pine Exploration looks to double resource at Wawa gold project
Red Pine Exploration (TSXV: RPX) is hoping to double the resource at its Wawa gold project in Ontario when it releases its next update in the fourth quarter, says CEO…
Ivanhoe, Trafigura to be first users of African rail through Angola
Canada’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and commodities trader Trafigura on Wednesday made a deal to transport copper by rail from the Democratic Republic of Congo (DRC) to neighbouring…
Video: Fundraising data reveal ‘bifurcated’ junior mining market
Despite the gloomy sentiment in the junior mining sector, Kai Hoffman, CEO of Soar Financial says last year was actually pretty good in terms of total funds raised. However, Hoffman,…
Tanzania backs SilverCorp takeover of ASX-listed gold developer OreCorp
Silvercorp Metals’ (TSX: SVM; NYSE: SVM) planned takeover of African gold developer OreCorp (ASX: ORR) has been cleared by the Tanzanian Fair Competition Commission (FCC). The decision paves the way for…
JV Video: Fury Gold Mines preps Eau Claire resource update, work on Newmont JV
Fury Gold Mines (TSX: FURY) is working on a resource update at its flagship Eau Claire project in Quebec, says Bryan Atkinson, senior vice-president of exploration. But the project, where…
Breaking down Canada’s new Modern Slavery Act: Compliance tips for miners
It’s finally here; Canada’s Modern Slavery Act officially came into effect on Jan. 1. With long-awaited additional guidance on reporting obligations only released at the end of 2023 and mandatory…