Roxgold (TSX: ROXG) announced Thursday that the deal to acquire from Newcrest a portfolio of 11 exploration permits in Côte d’Ivoire, including the Séguéla gold project, has completed. The Canadian miner paid $20 million upfront, to be...
Read moreNewmont Mining’s $10 billion acquisition of Canada’s Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world’s largest gold producer by market value, output and reserves. The mammoth company, to be...
Read moreThe price of copper jumped on Wednesday after upbeat industrial activity data from China, consumer of half the world’s industrial metals, provided evidence that Beijing’s stimulus program is finally filtering through to the real economy. Copper...
Read moreBotswana’s state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world’s top producers. The 20.46-carat, oval-shape...
Read moreShares of Millennial Lithium Corp (TSX.V:ML) traded up 12.4% at the open on Wednesday to an intraday high of C$1.92, lifting the Vancouver-based company’s market capitalization to over C$150 million. Over 120,000 shares were traded by early...
Read moreThe writing is on the wall for Canadian mining companies and it has been for quite some time. Their glory days as a global leaders are fading – and mega-mergers won’t bring salvation. Market signals are already showing troubling signs of this...
Read moreNew Gold Inc. (TSX: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada. The Minister of Environment and Climate Change announced that the proposed project can...
Read moreFundamental Research analyst Sid Rajeev provided an update report recently on Telson Mining (TSXV:TSN) and maintained a BUY rating on the company. Some of the highlights include the following: “Telson Mining Corporation (“Telson”, “company”) sold...
Read moreThe price of copper dipped on Monday despite trade data showing Chinese imports of refined copper rebounding in March while ore and concentrate shipments continue to strengthen. Copper for delivery in May traded as low as $2.916 per pound ($6,430...
Read moreShares of Taseko Mines Ltd. (TSX:TKO) jumped over 8% and hit a five-week high on Monday afternoon, bringing the company’s market capitalization to nearly C$220 million. The company has just announced that its Florence copper production test...
Read moreCanada’s Lundin Mining (TSX:LUN) has agreed to acquire a copper-gold operation in Brazil from fellow miner Yamana Gold (NYSE: AUY), (TSE: YRI) in a $1 billion-deal as it looks to beef up its base metals portfolio. The Chapada mine, in the...
Read moreGeneral Lithium Corp, China’s fourth-biggest lithium producer, plans to start building a plant to convert mineral ore to lithium that will more than triple its capacity by the end of 2020, a company official said on Friday. The plant will...
Read more
