Barrick close to final deal with Pakistan on $7bn copper project

Teams from Barrick and Pakistan are currently finalizing a framework deal to develop the giant Reko Diq copper-gold deposit.

Cecilia Jamasmie | July 18, 2022 | 4:00 am

Red Pine Exploration drills high grades at Wawa Gold project in Ontario

Drilling has intersected 17.68 g/t Au over 1.01 metres in the Minto Mine Shear Zone and confirmed gold mineralization in the extension of the Jubilee Shear.

Staff Writer | July 15, 2022 | 12:53 pm

CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan, stock surges

West McArthur is situated in the Athabasca Basin in Saskatchewan, between 6-30 km to the west of the world's richest uranium mine: Cameco's McArthur River.

Staff Writer | July 15, 2022 | 9:39 am

Gold Fields unlikely to further sweeten Yamana deal — CEO

Chief executive Chris Griffith says Yamana Gold’s shareholders are warming up to $6.7 billion takeover offer.

Cecilia Jamasmie | July 15, 2022 | 8:48 am

Wesdome shares fall after missing analysts’ Q2 forecasts

The company’s total gold production fell by 10% to 27,240 oz. in the second quarter of 2022.

Staff Writer | July 15, 2022 | 8:32 am

Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again

A cost and schedule reforecast now pegs the total project costs at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015.

Cecilia Jamasmie | July 15, 2022 | 4:01 am

US environmentalists take aim at British Columbia mines

Four American environmental groups are pointing to a report commissioned by the BC Mining Law Reform and SkeenaWild Conservation Trust that analyzes the risks of tailings pond failures in B.C.

Nelson Bennett - Business in Vancouver | July 14, 2022 | 3:48 pm