MAG Silver stock skyrockets on Sprott investment
Shares exploded to a six-month high on the $42 million private placement.
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Lockdowns and low prices generate nickel supply shock
Nickel recovered from a four-year low of $10,865 a tonne in March to a current $12,820.
Gold buyers are forking over lofty $135 premiums for US coins
Gold coin premiums tracked by Certified Coin Exchange are at the highest levels in six years.
Ivanhoe’s Kakula mine advances ahead of schedule
More than 8 miles of underground development is now completed, 3 miles ahead of schedule.
Zijin axes expected gold output after losing PNG mine
It plans to speed up the construction of the Longnan Zijin project in China and look into acquisitions to offset the loss of Porgera.
De Beers boosts output by 5.8% in Namibia
Namdeb, a joint venture between the Namibian government and De Beers, produced 511,000 carats in the first quarter.
Nano One’s cathode materials get thumbs up from automakers
The Vancouver-based company produces high-performance lithium-ion battery cathode materials using low-cost proprietary technology.
Silvercorp to buy Guyana Goldfields in $75m deal
This transaction will create a new globally diversified precious metals producer.
UN tribunal rules against Canada’s Edgewater in legal battle with Spain
The miner wanted to recover the $35 million it had invested in the Corcoesto gold project prior to it being refused license to operate.