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Canada may review imminent Endeavour Mining-Semafo merger
Canadian authorities may launch a national security review of the imminent merger between Endeavour Mining and smaller rival Semafo, which would create West Africa’s top gold producer. The proposed deal would bring together six mines into one portfolio, with a...
As demand implodes, zinc supply chain starts to adjust
The London Metal Exchange (LME) zinc price has bounced by 20% from its March low of $1,685 a tonne to $2,020. This is part of a broader mini-recovery across the base metals complex as the market focuses on the supply shock running alongside the demand shock caused by...Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador. Sprott Asset Management and an Asia-based specialist...
SilverCrest to resume Las Chispas operations
SilverCrest Metals announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico, by mid-May following a temporary suspension due to national covid-19 containment protocols. The company has also...