mining

PDAC 2025, the world’s premier mineral exploration and mining convention, takes place March 2-5, 2025, at the Metro Toronto Convention Centre. Registration is now open at www.pdac.ca/convention. The event will feature over 1,100 exhibitors, technical sessions, and networking opportunities. Highlights include the Investors Exchange, showcasing junior miners, producers, and prospectors, as well as keynotes on commodity and industry outlooks. Notable speakers include Eric Sprott (Eric Sprott Family Office) and Mike Henry (BHP Group). Programs emphasize advancements in mining technology, sustainability, and Indigenous partnerships, with opportunities for students and early-career professionals. [more]

The Prospectors & Developers Association of Canada (PDAC) has announced its 2025 Awards recipients, recognizing excellence in the global mining industry. The awards highlight achievements in mineral exploration, Indigenous contributions, sustainability, and mine development. Recipients include the Canadian Malartic Exploration Team for the East Gouldie Deposit discovery, David Kritterdlik for advancing Inuit values, Teck Resources and UN Women for their Originarias Program in Chile, the Onto Discovery Team for the Onto Deposit discovery, and John Robins for his leadership in mining. The recipients will be celebrated during the PDAC 2025 Convention on March 4, 2025, in Toronto. [more]

We have written a 46-page Update Report on Silver Bullet Mines Corp. (“SBMI” or “the Company”) (TSXV: SBMI | OTC: SBMCF). SBMI is focused on silver and copper production across its key assets, the Buckeye Silver Mine in Arizona and the Washington Mine in Idaho. SBMI aims to generate revenue from processing third-party mineralized material while awaiting the Buckeye Mine’s regulatory safety approvals. Recent financing strengthens its cash position while awaiting production resumption at the Buckeye Mine and progress at the Washington Mine. SBMI’s future growth is supported by district-scale exploration on its Arizona property, management expertise, and favorable jurisdictions. We maintained a Speculative Buy rating on SBMI, but reduced the one-year Price Target to $0.20 and introduced a two-year Price Target of $0.35. [more]

Gold Fields (JSE: GFI) has announced an agreement to acquire Osisko Mining (TSX: OSK) in an all-cash transaction valued at $2.16 billion. The acquisition, which includes the Windfall Project in Quebec, enhances Gold Fields’ portfolio by adding a high-grade gold development asset in a stable region. Osisko shareholders will receive $4.90 per share, representing a 55% premium to the 20-day VWAP as of August 9, 2024. The transaction is expected to close in Q4/2024, subject to regulatory and shareholder approvals. [more]

Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) has entered an agreement to acquire Ensign Minerals Inc., enhancing its asset base with the addition of the Mercur Gold Project in Utah. This strategic acquisition, valued at C$21.9 million, is set to increase Revival Gold’s production capabilities to approximately 150,000 ounces of gold annually, propelling it towards becoming a mid-tier heap leach gold producer in the US. The transaction includes a concurrent financing of C$7 million to support ongoing development and exploration efforts, emphasizing Revival Gold’s commitment to growth and operational efficiency. [more]

The CEO panel on Critical Metals at PDAC 2024, featured industry leaders from Teck, Albemarle, Vale, and BHP, and delved into the future of commodities amidst volatile markets. Discussions highlighted sustainability as a strategic advantage, the balance between growth and environmental stewardship, community engagement, and the role of technology in accelerating mineral discovery. The panel underscored the importance of secure, ethically sourced supply chains and collaborative efforts to overcome regulatory challenges. These insights emphasize the industry’s commitment to sustainable practices and innovation, ensuring a resilient supply of critical metals for the energy transition. [more]

At PDAC 2024, industry leaders discussed the need to attract younger generations of investors to the mining sector. Highlighting the importance of digital platforms, understanding investor interests, and the necessity for educational reform, the panel offered insights into bridging the generational gap. With a focus on innovation, effective communication, and environmental concerns, the discussion provided a roadmap for engaging Millennials and Gen Z investors, emphasizing the sector’s foundational role in the global economy and its potential for growth. [more]

At the PDAC Convention 2024, Rio Tinto CEO Jakob Stausholm outlined the Company’s strategic response to global economic and geopolitical challenges, emphasizing decarbonization, innovation, and sustainable mining practices. Stausholm highlighted the importance of metals in the renewable energy transition and detailed Rio Tinto’s commitment to safety, environmental stewardship, and stakeholder engagement. The Company’s multifaceted strategy includes diversifying supply chains, investing in technological advancements, and fostering collaborative relationships to ensure resilience and growth amidst uncertainties. Rio Tinto‘s proactive approach positions it as a leader in sustainable mining, ready to meet the increasing demand for critical minerals. [more]