Lavras Gold upbeat despite ‘sell the news’ share selloff
Lavras Gold (TSXV: LGC; US-OTC: LGCFF), an exploration stock that ran up a blistering 600% last August and September, lost some of its heat today on new results from the…
South America
Founders finds gold-infused Donut target, Cupcake next at Antino project in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) says assays from the Donut target show a significant discovery linking two zones at the Antino gold project in Suriname. The shares gained. Drill hole…
Diamond producers warn of pitfalls in G7’s Russia gem ban
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the European Union to rethink the potentially “irreparable” market outcomes of…
Sigma Lithium shares rise on low cost guidance for Brazil mine
Shares in Sigma Lithium (TSX–V: SGML; NASDAQ: SGML) rose almost 7% Tuesday on news the company’s operating cost guidance for spodumene production at its facility in Brazil is almost half…
TNM Drill Down: Wesdome’s Eagle River tops gold assays as it expands Ontario mine
Our TNM Drill Down features highlights of the best gold assays of the past week, Feb. 16-23. Drill holes are ranked by gold grade x width as identified by data…
Reunion Gold adds underground resource at Oko West ahead of Q2 PEA
South America-focused Reunion Gold‘s (TSXV: RGD; US-OTC: RGDFF) updated resource estimate for its Oko West project in Guyana shows a substantial increase in both grades and contained gold since its…
Newmont to sell mines in Canada, Australia after Newcrest buy
Newmont (TSX: NGT; NYSE: NEM) says it plans to sell six inessential assets including mines in Quebec, Ontario, the Yukon and Western Australia to cut debt. The list contains the…
Anglo American to produce iron ore from Vale’s deposit in Brazil
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.
Teck hits record copper production on Quebrada Blanca ramp-up
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) beat profit estimates for the fourth quarter of 2023 on the back of higher steelmaking coal sales, record copper production and strong prices…
First Quantum inks US$500M offtake amid Panama turmoil
First Quantum Minerals (TSX: FM) says it’s landed a US$500-million offtake agreement with its largest shareholder, China’s Jiangxi Copper, to help shore up finances shredded by its Cobre Panama mine…
Global exploration snapshot: Eight companies seeking copper, precious metals and more
As explorers continue to hunt for precious metals and critical minerals needed for the green energy transition, their pursuit takes them to every corner of the world. Here are eight…
New study saves US$1B in upfront cost as SolGold shops Cascabel project
SolGold (TSX: SOLG; LSE: SOLG) has managed to slash the upfront cost of its 100%-owned Cascabel project in Ecuador while the company continues to explore the potential sale of its…