NexGold, Signal Gold merger aims to create 200,000 oz/y producer The transaction, said the companies, would bring two near-term development projects together and eliminate the single-asset risks. Staff Writer | October 10, 2024 | 11:49 am
Teck CEO says Canada must spend more to erode China’s critical minerals dominance Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023. Bloomberg News | October 10, 2024 | 11:45 am
St Barbara updates PFS for 15-Mile, Beaver Dam in Nova Scotia The study assumes the Touquoy gold mill will be relocated to provide 2.1 million t/y of processing capacity. Staff Writer | October 10, 2024 | 10:39 am
Russian LME aluminum stocks account for 66% of total in September The share of aluminum of Indian origin rose to 32% from 31%, LME data also showed. Reuters | October 10, 2024 | 10:09 am
Mining stocks may drop 20% if US tariffs imposed – JPMorgan The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration. Staff Writer | October 10, 2024 | 9:58 am
Gold price to decline based on bond yield moves It is the real yield that has a clear impact on gold, while the impact of nominal yields is not as clear. Sunshine Profits | October 10, 2024 | 9:13 am
Coal expansion helps lure insurers back to Whitehaven The development follows Sydney-based Whitehaven’s $3.2 billion purchase of coking-coal operations from BHP Group. Bloomberg News | October 10, 2024 | 9:03 am
Northisle Copper and Gold updates resource ahead of PEA release The North Island project resource now totals 906 million tonnes indicated grading 0.16% copper, 0.24 g/t gold and 75 ppm molybdenum. Staff Writer | October 10, 2024 | 8:45 am
Orla Mining increases guidance following strong performance at Camino Rojo in Mexico The mine produced 43,788 ounces and sold 38,265 ounces of gold during the third quarter of 2024. Staff Writer | October 10, 2024 | 8:36 am