SocGen blames Clifford Chance in $483 million gold suitSocGen said the law firm “committed errors” and was “negligent” when it represented the French lender in a case against Turkish jewelers.Bloomberg News | June 29, 2022 | 10:17 am
ArcPacific finds long lost gold-copper mine at LMSL property in British ColumbiaThe LMSL property is located in British Columbia's primary copper…Staff Writer | June 29, 2022 | 8:53 am
Updated expansion study for Alamos Gold’s Island mine ups capex in return for ‘more profitable operation’At a 5% discount rate, the phase 3+ study forecasts…Staff Writer | June 28, 2022 | 2:44 pm
Western Copper feasibility on Casino outlines $1.8 billion after-tax NPV Over the 27-year project life, annual production would reach 163 million lb. copper, 211,000 oz. gold, 1.28 million oz. silver and 15.1 million lb. molybdenum. Staff Writer | June 28, 2022 | 9:06 am
Ivanhoe Electric shares fall in debut after $169 million IPO Robert Friedland's exploration and development company owns properties in Arizona, Utah and Montana. It also has a battery storage business. Cecilia Jamasmie | June 28, 2022 | 6:23 am
Metals rebound from their worst week in a year on China optimism An overall gauge of the outlook returned to neutral after deteriorating for two straight months. Bloomberg News | June 27, 2022 | 4:18 pm
Mining firms poised to lead capital raisings in Canada, TSX CEO says A big source of capital for the critical minerals sector this year is coming from large corporations like BHP and Rio Tinto. Reuters | June 27, 2022 | 12:52 pm
SSR Mining slumps as Turkey shuts gold mine after cyanide spill A spill containing about 8 kilograms of depleted cyanide took place on June 21 at the Copler gold mine. Bloomberg News | June 27, 2022 | 11:16 am
Commodities face recession test even as Goldman stays bullish Across markets, there’s growing talk that high prices for raw materials will be cured only by recessions in the second half. Bloomberg News | June 27, 2022 | 9:21 am
Imperial raises $32 million ahead of Mount Polley reopening The bulk of the funds will be used to pay down debt and to fund capital expenditures at its 30%-owned Red Chris copper-gold mine. Staff Writer | June 27, 2022 | 9:05 am
Biden urges G7 to stay together as leaders target Russian gold, oil price Britain, the United States, Japan, and Canada agreed to ban new Russian gold imports, the British government said on Sunday. Reuters | June 27, 2022 | 8:29 am
Ban on new gold imports from Russia seen as ‘largely symbolic’ The ban is unlikely to have any real impact on prices, with macro issues really driving sentiment at the moment. Bloomberg News | June 27, 2022 | 8:01 am