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Another year, another major merger (in the works)
It is worth noting that Kirkland Lake itself became a sizable entity mainly through external M&A transactions. It merged with Newmarket Gold in 2016,...
Canada to not permit sea floor mining without ‘rigorous’ regulations
“Canada does not presently have a domestic legal framework that would permit seabed mining and, in the absence of a rigorous regulatory structure, will...
Barrick’s gold reserves grow to 78 million oz. in 2022
Barrick’s profile as a copper producer is also growing. Exploration at the Lumwana and Jabal Sayid mines added 640 million lb. of copper to...
CHART: Copper exploration budgets jump, but major discoveries elusive
Copper has doubled from March 2020 when the bellwether metal briefly fell below $2/lbs ($4,400 a tonne) and prices are set to stay elevated...
Cameco pivots into profit as Ukraine war knocks uranium supplies
Cameco, the leading uranium producer in Canada, which vies with Namibia as the second-largest provider behind Kazakhstan, benefited from increased demand for nuclear power...
