McEwen buys claims near El Gallo
McEwen Mining (TSX: MUX; NYSE: MUX) is acquiring claims in Mexico — 10 km from the company’s El Gallo mine in Sinaloa state — that it believes could extend the…
South America
Panoro derisks Antilla in Peru
Shares in Panoro Minerals (TSXV: PML) rose 9% after company sketched out the economics of its Antilla project in a preliminary economic assessment (PEA). The Antilla copper-molybdenum porphyry deposit sits…
Anglo American sells assets to China Moly for US$1.5B
One of China’s largest molybdenum and tungsten concentrates producers is buying Anglo American’s (US-OTC: AAUKF; LSE: AAL) phosphate and niobium businesses in Brazil for US$1.5 billion in cash. The sale…
TSX climbs, April 18–22
Canada’s benchmark index enjoyed another weekly gain, rising 236.8 points, or 1.7%, to close at 13,874 points, on the back of higher oil prices and encouraging economic data. The S&P/TSX…
Brazil Resources completes maiden resource on Island Mountain
Brazil Resources (TSXV: BRI; US-OTC: BRIZF) hasn’t wasted any time since acquiring the Whistler project last year from prospect generator Kiska Metals Corp. (TSXV: KSK) in an all-share deal worth…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
Editorial: What happened to the copper rally?
With Cesco Week’s World Copper Summit — the world’s largest annual gathering of copper miners and traders — coming to a close on April 3 in Santiago, Chile, attendees have…
Cordoba, HPX move San Matias forward
When Mario Stifano found himself alone in an elevator with mine-finder Robert Friedland at the end of a long day of presentations at the BMO Conference, the stars just seemed…
Trevali nears commercial production at Caribou
Pure-play zinc producer Trevali Mining (TSX: TV; US-OTC: TREVF) expects to reach commercial production at its second zinc mine before July. The company is commissioning its 3,000-tonne-per-day Caribou underground operation…
Lithium Americas finds a partner in Chilean giant SQM
Lithium Americas (TSX: LAC) has taken a big stride in securing the technical backing to advance its Cauchari-Olaroz lithium brine deposit in northwestern Argentina, as lithium fundamentals improve. The Vancouver-based junior…
US equities tumble, March 21–24
U.S. indexes snapped five weeks of gains after terrorist attacks in Brussels, which left 35 dead and hundreds injured, shook global markets. The S&P 500 Index fell 0.7% to 2,035.94…
Lower taxes in Argentina help NGEx Resources
BUENOS AIRES, ARGENTINA — Argentina’s recent elimination of an export retention tax on copper concentrate exports improves the economics of NGEx Resources’ (TSX: NGQ; US-OTC: NGQRF) Constellation copper-gold-silver project, the company…