Noront Resources to negotiate with Wyloo on sweetened offer
Noront Resources (TSX-V: NOT) said on Tuesday it plans to negotiate directly with Australian billionaire Andrew Forrest’s Wyloo Metals on...
Mortgage refinances fizzle as interest rates resume their climb
A brief surge in mortgage refinance demand fizzled fast, after interest rates resumed their climb along with the stock market. The...
Harte Gold gets creditor protection as Silver Lake closes in
Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after rushing in its Sugar Zone gold mine into...
The Next Fed Meeting Will Offer More Surprises
The U.S. Federal Reserve has bitten the bullet: At their policy-making meeting next week, in recognition of persistent high inflation,...
Glencore widens review of assets, eyes acquisitions
Miner and trader Glencore said on Thursday it was in the process of selling 10 more assets, putting another 15 under review and...
Battery pack prices fall but commodity boom may drive them back up – report
A new report by BloombergNEF shows that lithium-ion battery pack prices fell 6% from 2020 to 2021 and 89% in real terms to $132/kWh from...
SolGold delays pre-feasibility study for Cascabel copper project again
Shares in Ecuador-focused SolGold (LON, TSX: SOLG) fell on Tuesday on London and Toronto after the company announced it had decided to...
Newcrest to acquire Pretium Resources in $2.8 billion deal
Australia’s Newcrest Mining (ASX, TSX, PNGX: NCM) has entered into an agreement to acquire all outstanding common shares of Pretium...
Gold price gets boost from central banks’ dovish tone
Gold prices gained more than 1% on Friday, shaking off stronger-than-expected jobs data from October, as major central banks continue to...
Canada to ban thermal coal exports by 2030
Prime Minister Justin Trudeau said Canada will stop exporting thermal coal by 2030 at the latest as part of the country’s plans to...