Ivanhoe Mines appoints new executive vice chair

Africa-focused explorer and project developer Ivanhoe Mines has appointed veteran mining analyst Egizio Bianchini as its new vice chairperson, effective March 12. Bianchini was most recently... 

Maverix achieves Q4 production record

Mining royalties investment vehicle Maverix Metals has hit a new fourth-quarter production record, reporting 4 000 oz of attributable gold-equivalent output, which reflects a 40% year-on-year... 

Copper Mountain hits lower-end of guidance

British Columbia copper producer Copper Mountain has hit the lower-end of its 2017 guidance and expects a 27% year-on-year price improvement to bode well for the full-year financial results, which... 

eCobalt lifts flagship Idaho Cobalt resource 12.5%

Canadian clean cobalt project developer eCobalt has reported a 12.5% increase in the compliant measured and indicated resources at its Idaho Cobalt Project (ICP), in Idaho, following further... 

Aquila lifts Back Forty zinc resource 12%

Michigan-focused project developer Aquila Resources has announced an updated resource estimate for its flagship Back Forty gold/zinc project, lifting the combined measured and indicated zinc... 

Freeport-McMoRan reinstates quarterly dividend

The world's largest publicly listed copper producer Freeport-McMoRan has reinstated a cash dividend of $0.05 on its common stock, citing an improved balance sheet, stronger market conditions and a... 

Advantage Lithium stock gains 11% on positive pump-flow tests

The TSX-V-listed equity of lithium explorer Advantage Lithium gained more than 11% on Tuesday, after the company released the positive results of recent drilling and pump tests on the flagship... 

Barrick to book $429-million Q4 charge on mired Pascua-Lama

Major miner Barrick Gold expects to book a pre-tax impairment in the fourth quarter ended December 31 of about $429-million at its stalled Pascua-Lama copper/gold project, which straddles the... 

Lithium Chile expands Helados lithium brine property

Junior explorer Lithium Chile has added a further 5 900 ha of prospective land to its Helados lithium brine property, where near-surface brine samples have assayed up to 1 280 mg/ℓ lithium. In a... 

US Army Corps of Engineers selects third-party contractor to complete Pebble EIA

The TSX-listed equity of copper/gold project proponent Northern Dynasty Minerals gained about 11% on Tuesday, after the US Army Corps of Engineers (USACE) announced that it had appointed a... 

Tahoe joins UNGC corporate sustainability initiative

Precious metals miner Tahoe Resources has signed the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative. As an official participant of the UNGC, Tahoe... 

Nutrien racks up $40m in synergies since merger

Fertiliser giant Nutrien on Monday reported full-year and fourth-quarter results for its constituent entities Agrium and Potash Corporation of Saskatchewan, saying both firms had benefitted from... 

Centerra partially restarts Mt Milligan mill

Canadian midtier miner Centerra Gold has partially restarted its Mount Milligan operation, in British Columbia, after unexpectedly cold weather in December caused a water shortage, halting... 

Kennady embarks on 2018 winter drilling campaign

Takeover target Kennady Diamonds has started work on a 10 500 m 2018 winter drilling campaign at the Kennady North diamond project,  in Canada's Northwest Territories. Subject to a friendly... 

Guyana Goldfields reports significant intercepts at greenfield targets

TSX-listed Guyana Goldfields has reported "significant intercepts" following a 2 500 m reconnaissance-style drill campaign at its Iroma and Wynamu prospects, in Guyana, the company reported on... 

Chevron slips on Q4 earnings miss; lifts dividend

Oil giant Chevron saw its NYSE-listed equity slip more than 6% on Friday after it reported disappointing fourth-quarter earnings. The San Ramon, California-based energy company reported earnings of... 

Southern Copper closes lower on surprise loss

Base metals miner Southern Copper has reported a surprise loss of $287.5-million in the fourth quarter ended December 31, saying a $743.3-million one-time payment related to US tax reforms weighed... 

Centerra approves further funding for European JV partner on 2017 success; gets more credit

Canadian miner Centerra Gold has approved expenditures of $1.85-million for this year to fund exploration campaigns in Sweden by its joint venture partner (JV) Erris Resources, following... 

Two miners die at Yamana's Gualcamayo mine, Argentina

Canadian gold producer Yamana Gold has reported the death of two contractors at its Gualcamayo mine, in Argentina, the company said on Friday. The dual-listed miner reported that the two employees... 

Seabridge mulls mining Iron Cap deposit sooner

Continuous successful exploration drilling over the past two years has prompted TSX- and NYSE-listed precious metals explorer Seabridge Gold to re-evaluate its approach to mining at the flagship... 

Prestea starts to commercial production – Golden Star

Africa-focused miner Golden Star Resources has achieved commercial production at its Prestea Underground gold mine, in Ghana, the company announced on Thursday. Project construction of Prestea... 

Goldsource expands strategic Guyana landholdings; appoints exec chair

Junior gold producer Goldsource Mines has entered into an option to acquire the Bishop Growler property located about 3 km from its operating Eagle Mountain gold project, in Guyana. The... 

British Columbia further hamstrings oil pipeline development

The coalition British Columbia provincial government has moved the goal post for crude oil pipeline operator Kinder Morgan yet again, adding another hurdle to the seemingly insurmountable legal... 

Premier earmarks $83m for 2018 exploration, development initiatives

Canadian precious metals miner Premier Gold Mines has approved a 2018 exploration and development budget of $38.8-million, the company announced on Tuesday. The budget will be supplemented by a... 

Gold juniors Minera Alamos, Corex Gold to merge

Junior mining companies Minera Alamos and Corex Gold have announced a merger of the two TSX-V-listed companies on Tuesday. The merger is expected to create a new entity with a market capitalisation... 

Arizona Mining finds new quality zinc zones at Hermosa; enhanced PEA lifts project to global Top 5

The TSX-listed stock of Vancouver-based base metals explorer Arizona Mining has gained more than 25% since the start of the year, boosted by the release of an updated preliminary economic... 

Brazil, Peru to lead LatAm mineral project development to 2020

Boosted by higher commodity prices in general, miners are increasingly focusing on project development as healthier balance sheets allow them the opportunity to return to their long-term growth... 

NexGen embarks on winter exploration programme for Rook I

Uranium explorer NexGen Energy has started work on its winter 2018 drill programme at the fully owned Rook I property, in the Athabasca Basin of Saskatchewan. The winter 2018 programme will... 

Nautilus production equipment exceeding design specs

Testing of the fleet of underwater machines that marine mining pioneer Nautilus Minerals will use to mine the Solwara 1 gold/copper project, offshore Papua New Guinea (PNG), has so far delivered... 

Mountain Province to buy exploration-spinout Kennady Diamonds for C$176m

TSX- and Nasdaq-listed diamond producer Mountain Province Diamonds has signed a definitive arrangement agreement whereby it will buy its exploration spinout Kennady Diamonds in an all-scrip deal... 

Fort Hills Energy LP reports first oil

Lead shareholder and operator of Canada's newest oil sands mine Suncor announced on Monday that the new C$13.5-billion Fort Hills oil sands project, in Alberta, had started secondary extraction on... 

Zinc, lead outlook bright but analysts expect peak pricing as soon as this year

High commodity prices in 2018 are expected to sustain robust margins for zinc and lead miners this year, as supplies of both metals remain constrained. According to market research and consultancy... 

Cameco's JV Inkai lifts 2018 guidance 25%

Despite lacklustre uranium spot and contract prices, Canadian producer Cameco announced on Thursday that its joint venture (JV) over the Inkai in situ recovery uranium mine, in south Kazakhstan,... 

WGC bashes cryptocurrency as 'no substitute for gold'

In the wake of cryptocurrencies last year emerging as a market darling, delivering extreme gains to risk-tolerant investors, the World Gold Council (WGC) has come out in defence of gold, saying... 

Elkview dryer incident to cost Teck 200 000 t of coal output

Canadian diversified miner Teck Resources said on Thursday that a "significant pressure event" that had interrupted operations in the coal dryer at its Elkview mine, in British Columbia, will cost... 

Codelco gets approval for revised El Teniente buildout

Chilean State-owned copper miner Codelco has received environmental approval to implement a revised expansion plan at its El Teniente mine, which contributes the most copper to the miner's... 

PTM widens Q4 loss as accounts due mount

Precious metals project developer Platinum Group Metals (PTM) has widened its net loss for the first fiscal quarter ended November 30 to $12.44-million, or $0.08 a share, compared with a net loss... 

Cliffs delivers second consecutive year of +25% Ebitda growth

US iron-ore company Cleveland-Cliffs has delivered on promises to aggressively drive up growth in its earnings before interest, tax, depreciation and amortisation (Ebitda) metric, reporting growth... 

Freeport rises on Q4 earnings beat

The world's largest publicly listed copper producer Freeport-McMoRan has reported a better-than-expected headline profit for the three months ended December, as its focus on productivity, cost and... 

Royal Road Minerals jumps on endorsement from Barrick

The TSX-V-listed stock of Royal Road Minerals jumped more than 25% on Wednesday following a major endorsement from miner Barrick Gold, which has signed a subscription agreement to increase its...