TSX Venture dips, Jan. 6-10: K92, ScoZinc, Eloro
The S&P/TSX Venture Composite Index fell 0.87% to 582.35. Spot gold moved higher to US$1,562.10 per oz., up US$9.80 per ounce. Shares of K92 Mining rose 20¢ to $3.20 on…
South America
TSX moves higher, Jan. 6-10: Kirkland Lake, Detour, Equinox, Teck
The S&P/TSX Composite Index rose 0.99% to 17,234.49 during the first full trading week of January. The S&P/TSX Global Mining Index fell 1.15% to 80.85, the S&P/TSX Global Base Metals…
Chile’s top court backs Barrick in Pascua Lama water case
Chile’s Supreme Court handed another small victory to Barrick Gold (TSX: ABX; NYSE: GOLD) after rejecting an appeal by a local indigenous community asking for a revision of the water…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the royalty and streaming company’s portfolio…
China’s JCHX takes stake in Cordoba Minerals
Cordoba Minerals (TSXV: CDB) says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is…
Sierra Metals grows resource at Bolivar mine
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico, based on 13,698 metres of infill drilling and 41,553 metres of…
Site visit: Growth ambitions undiminished for Brazil’s Nexa Resources
SAO PAULO, BRAZIL — With prices down nearly 10% in 2019, now is not an easy time for zinc miners. Measured from the highs hit from March to April, the…
Gold Fields receives environmental permit for Salares Norte in Chile
The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields’ (NYSE: GFI) Salares Norte project in northern Chile — paving the way for the company to…
O3 Mining’s Jose Vizquerra has tough act to follow
When Jose Vizquerra was considering working full-time on exploration projects in Canada with Osisko Mining (TSX: OSK), the first thing he needed to know was whether he had the blessing…
State-owned Codelco struggles to maintain output
In October, the wheels started turning on one of the world’s largest conveyor systems. Once in full operation, 14 km of belts will bring 140,000 tonnes of ore a day…
Snapshot 2020: Eight companies making waves in the year ahead
The past year was a time of growth and transformation for many mining and exploration companies. Here’s a list of eight companies with milestones to hit next year. Barrick Gold…
Kinross sells stake in Lundin Gold for $150M
Kinross Gold (TSX: K; NYSE: KGC) is selling 20.7 million shares, or its 9.2% stake, in Lundin Gold (TSX: LUG) for $150 million. Shareholders Newcrest Mining (ASX: NCM) and the…