TSXV-listed Osisko Metals has announced a latest set of results from drilling conducted in 2021 at its Pine Point base metals project in Canada’s Northwest Territories. Highlights from the results at the Central zone and East Mill zone at the project include 8.95 metres grading 11.92%...
Toronto-based Emerita Resources Corp has been ranked the highest performing mining stock on the TSX Venture Exchange (TSXV), with an annualised average share price growth of 1,255%. The TSX Venture 50 is an annual ranking of the top performing companies on Toronto’s junior market, drawn from...
TSXV-listed explorer Meridian Mining has announced the strongest gold-in-soil response yet at its Cabaçal copper-gold volcanogenic massive sulphide (VMS) project in Mato Grosso, Brazil. The results reported today have connected two surface anomalies within the C4A and C2A copper, gold and zinc prospects into a singular trend...
South Africa’s Sibanye-Stillwater has agreed to acquire a 19.99% stake in New Century Resources for US$46 million, expanding its tailings retreatment exposure in Australia. The multinational gold miner will invest in New Century via a subscription for newly issued ordinary shares in the tailings management and...
TSXV-listed Foran Mining Corp has partnered with two sustainability-focused companies in a bid to turn the McIlvenna Bay deposit in Canada into the world’s first carbon neutral copper project. The Vancouver-based company last week announced the partnerships with carbon measurement firm Carbonzero and sustainability advisor Synergy...
Vale has entered into a 60-day exclusivity period with Australian zinc miner New Century Resources after the latter announced it was in talks with the Brazilian miner to buy its nickel and cobalt operations on the Pacific island of New Caledonia. Subject to successful due diligence...
ASX-listed miner Ironbark Zinc has received expressions of financial interest from investors after hosting a series of site visits at its Citronen Zinc-Lead Project in Greenland. The company said it was pleased with the calibre of groups represented, which included potential investors, private equity groups, bankers,...
Glencore will assume a 75% stake in Chevron’s Southern African assets after agreeing a US$973 million acquisition deal. The transaction means Glencore will secure its first major refinery in Africa in line with its aim to expand through strategic acquisitions, which comes after inking a near...
Glencore (LSE:GLEN) has purchased a further stake in Peru’s largest zinc miner, Volcan Compañia Minera SAA, in a deal which could be worth up to US$956 million. The diversified mining giant said it would be taking at least another 26.73% of the voting shares in Volcan...
Canadian miner Trevali (TSX:TV) has completed the purchase of majority stakes in two African mines, which will see the firm enter into the top 10 of zinc producing companies worldwide. The Vancouver-based firm first announced it would buy Glencore’s Namibian Rosh Pinah mine and the Perkoa...