Argonaut to sell Mexico development project for $30 million
The Ana Paula project was previously acquired from Alio Gold.
Markets
Northern Dynasty calls JCap report ‘fatuous, flimsy and self-serving’
Short seller accused the miner management of “gaslighting investors” over its giant Alaska copper and gold Pebble project.
Copper price rallies as Chinese scrap shipments sink by 50%
China’s war on foreign waste sees shipping lines refusing to transport scrap fearing a liability for return shipment if cargoes are rejected by customs.
First Majestic gets $59 million investment from Sprott
Billionaire Eric Sprott has now become a shareholder in the Mexico-focused silver producer.
Rio Tinto CEO quits over sacred Aboriginal site blasts
Jean-Sébastien Jacques, as well as iron ore boss Chris Salisbury, and corporate affairs head Simone Niven will have to step down.
Group Eleven begins drilling at Ireland zinc project
The company is also nearing plans for follow-up drilling at the PG West project.
Freeport’s Grasberg go-go days back as gold, copper prices rally
Freeport’s iconic open cut mine in Indonesia is going underground – nearly doubling copper and gold production and earning $8 billion per year in the process.
Short seller says Northern Dynasty is “gaslighting investors”
In a scathing report, JCap says Vancouver promotors of giant Pebble copper-gold mine in Alaska are lobbying for bonuses, not producing minerals.
Gold price gets boost on vaccine trial delay
Spot gold was up 0.5% at $1,941.66 per ounce by noon EDT, shaking off initial declines.
Resolute Mining scraps 2020 targets on Mali strike threat
Resolute said unionized workers at its Syama gold mine plan to go on a 10-day strike if certain demands are not met.