First Quantum Minerals Ltd said on Wednesday it plans to suspend operations at its Ravensthorpe nickel mine in Western Australia at the beginning of next month due to persistently weak nickel prices, sending its shares lower.
There’s been a recent bull rush for Canadian gold projects, and Comstock Metals Ltd. sits in a good position with a pair of quality exploration plays in two exciting jurisdictions.
With a plump $3.1 billion pile of cash, Newmont Mining Corp is mulling a sweeter dividend to attract a broader shareholder base, a move that makes it an outlier in the still recovering gold sector.