First Majestic stock plunges on Jerritt Canyon suspension
First Majestic Silver (TSX: FR; NYSE: AG) is taking action to reduce overall costs by temporarily suspending all mining activities and reducing its workforce at the Jerritt Canyon gold mine…
United States
Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance
Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price. Despite the solid financial performance, the…
Ivanhoe’s electro-pulse tech may expand Santa Cruz copper project in Arizona
Ivanhoe Electric (TSX: IE; NYSE-AM: IE) says visible copper in a drill hole suggested by the company’s new technology bodes well for adding high-margin ore to the resource at the…
Peninsula Energy delays Wyoming uranium project restart, shares plunge
Peninsula Energy (ASX: PEN) has delayed the restart of commercial production at its Lance project in Wyoming, from the first quarter of this year until mid-2023. According to the Australia-based…
Newmont to study direct air carbon capture in its tailings
Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings. The…
High-tech capital takes a bet on mining innovators
In its quest for bonanza returns, high-tech capital is willing to take a bet on mining, an industry not noted for producing steady returns and challenged by its comparatively small…
EnCore makes production decision on Alta Mesa, its second uranium facility
EnCore Energy (TSXV: EU; NYSE-AM: EU) has made a formal production decision resuming uranium production from the Alta Mesa central processing plant in Texas in early 2024. This will be…
Silicon Valley Bank failure knocked NYSE lower last week
Stocks fell Mar. 6-10 as investors shifted from concerns over inflation to the outlook for the economy after regulators shut California-based Silicon Valley Bank following losses that prevented it from…
TSXV retreats during March 6-10 trading week
The S&P/TSX Venture Composite Index retreated by 31.49 points or 4.9% over the Mar. 6-10 trading session, ending at 611.49. Artemis Gold was the week’s top value gainer, adding 48¢…
TSX markets nosedive during Mar. 6-10 trading week
Over the Mar. 6-10 trading period, the S&P/TSX Composite Index fell a substantial 806.66 points or 3.9%, to 19,774.92. The S&P/TSX Global Mining Index lost 8.65 points or 7.5% to…
JV Article: Century Lithium signs engineering contract with Koch Technology Solutions
Century Lithium (TSXV: LCE; US-OTC: CYDVF) is on track to complete a feasibility study by mid-year on its 100%-owned Clayton Valley lithium claystone project in southwestern Nevada, with a plan…
NioCorp shareholders approve merger that brings US$285M in funding for Elk Creek
NioCorp Developments (TSX: NB; US-OTC: NIOBF) announced on Friday that its shareholders have approved a merger with GX Acquisition Corp. II and up to $81 million in financing deals to…