Mining

First Quantum Minerals’ profit more than doubles on higher prices

Copper miner First Quantum Minerals Ltd reported a 171% jump in first-quarter profit on Tuesday, powered by higher prices for the red metal from supply worries. Realized price...

Sitka Gold intercepts 1.21 g/t gold over 62 metres at RC project in Yukon

Drilling by Sitka in 2020 led to the discovery of a 500-by-2,000-metre intrusion-related gold system at the Saddle-Eiger zone. This has been the main...

Big Ridge keeps intersecting gold at past-producing Hope Brook project in Newfoundland

The latest results include the final drill holes in 2021 as well as those completed after the resumption of drilling in January 2022, which...

Teck strikes deal to earn into Chile copper project

The deal grants Teck’s subsidiary Teck Chile options to earn up to a 75% interest in Loreto by providing Golden Rim with $600,000 in...

Kinross sells gold mine in Ghana to Asante in $225m deal

The Toronto-based company will receive $115 million in cash and a number of Asante common shares having a value of $50 million based on...

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