March 12, 2021

First Majestic buys Nevada gold mine from Sprott

First Majestic is paying $470 million in shares for the Jerritt Canyon mine, plus five million share purchase warrants.

March 11, 2021

Franco-Nevada posts record results, grows royalty portfolio

The company closed out the year with no debt, $534.2 million of cash and equivalents and $1.9 billion in available capital.

March 11, 2021

7 Questions with Oxygen Capital’s Mark O’Dea

The Oxygen group created Fronteer Gold, which was sold to Newmont for $2.3 billion in 2011.

March 11, 2021

Glencore chairman Tony Hayward to step down by 2022

Announcement heralds a changing of the guard at the company, with long-serving chief executive Ivan Glasenberg due to step down in June.

March 11, 2021

Nonferrous metals exploration budget down 11% in 2020 – report

The global budget was $8.7 billion in 2020, down from the $9.8 billion registered in 2019, S&P found.

March 11, 2021

Ontario to develop first critical minerals strategy

Recent proposed investments of almost C$6 billion in Ontario's auto sector could make the province a global hub for EV manufacturing.

March 11, 2021

BHP moves exploration team to Toronto to grow copper, nickel pipeline

The move to Canada’s most populous city is expected to help BHP grow its pipeline of “future-facing” metals projects.

March 10, 2021

Trader buys $36m of copper and gets painted rocks instead

The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud.

March 10, 2021

Sphinx buys former New Calumet zinc-lead-silver mine

The historical resource estimate made in 1996 (not NI 43-101 compliant) included “reserves” in two zones above the 600-foot level of 61,326 tonnes grading 217 grams silver and 6.3 grams…

March 10, 2021

Copper price rises on demand hopes

Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.