Detour Gold up 7% higher after reserve update
On Tuesday Detour Gold rose 7% higher to $28.20 on the TSX after releasing a reserve update for Detour Lake. In a […]
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Bucko mine restart grows closer
Crowflight Minerals of Vancouver is making a $30-million private placement, part of which is earmarked for acquiring mining equipment and restarting the […]
BHP puts coal prospecting rights up for sale in SA
Mining Weekly reports that BHP Billiton Energy Coal South Africa (Becsa) will divest some of its currently undeveloped coal prospecting rights to […]
Total’s Joslyn oil sands mine approved
A review panel has conditionally approved Alberta’s nineth oil sands mine, giving its blessing to an application from French energy giant Total […]
Deal reached in Labrador nickel strike
Brazilian mining giant Vale has reached a tentative settlement in an 18-month-long strike with workers at its Voisey’s Bay nickel mine in […]
Moly Mines receives $250 million of help from China Development Bank to develop molybdenum/copper mine
Moly Mines Ltd. announced on Sunday that it received a commitment letter from the China Development Bank for US$250 million to be […]
Selwyn Resources up 30% after high-grade drill results
Selwyn Resources is up 30% after high-grade drill results were released today. The assay results are from drilling the 98/99-lenses of the XY Central deposit.
Aurizon Mines bullish on Maraban project in Quebec
Aurizon Mines has the right to earn up to 65% of the Maraban project in Quebec, where the company is conducting a […]
RUSAL co-owner says he expects new Norilsk offer
RUSAL, the world’s top aluminium producer, expects a new offer from Norilsk Nickel for its 25 percent stake in the nickel giant, […]
VMS announces drill results from Reed Lake joint venture
Results are in from the in-fill diamond drill program at the Reed Lake deposit near Snow Lake, Manitoba, Canada. VMS Ventures Inc. says the latest results are from holes RDL016 to RDL022 inclusive, which were drilled to test the continuity and lateral extent of the zinc-copper zone which extends vertically near surface.
2026 Winter Olympics: Metals price rally pushes value of medals above $1.3M
Based on current market prices, a gold medal would have an intrinsic value of about $2,212.
