TNM Drill Down: Top Ten copper drill results year to date
Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the “green metal” for its central importance…
South America
McEwen Copper completes US$81.9M financing, including US$25M investment by Rio Tinto
McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each….
Junior exploration sector poised for value investment, say analysts
The beaten-down junior mining complex currently sits at an attractive investment entry point as the sector continues to trade lower relative to gold and other equities, Haywood Capital Markets analysts…
Chile’s President says proposed mining tax, criticized as ‘extreme and dogmatic’, up for discussion
Chile’s President Gabriel Boric said late on Tuesday he is open to discuss changes in the country’s tax law that would affect the mining sector as lawmakers are scheduled to…
Nexa Resources halts Peruvian zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by a local community. The zinc producer, controlled by…
TNM Drill Down: Top Ten best gold drill results year to date
While rising interest rates have weighed on the gold price since it hit its most recent peak of over US$2,050 per oz. in March, exploration for the yellow metal is…
Collective Mining drills 180.6 metres of 2.43 g/t gold equivalent at Apollo target in Colombia
Three diamond drills are turning at Collective Mining’s (TSXV: CNL; US-OTC: CNLMF) newly discovered copper-gold-silver Apollo target in west-central Colombia. Apollo is one of eight porphyry-related targets the company has…
TSX Venture ends Aug. 22-26 trading session down slightly
The S&P/TSX Venture Composite Index drifted slightly lower over the Aug. 8-12 trading session by 0.6% or 3.99 points to end the week at 645.92. Shares in lithium developer Sigma…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
TNM Drill Down: Top Ten best nickel drill results year to date
The need to discover new sizeable economic nickel deposits has never been more acute as the world transitions to a clean-energy-driven economy that relies heavily on nickel-based battery technologies and…
Colombia abandons plan to tax gold exports
Colombian finance minister José Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…