Top 5 Canadian Mining Stocks This Week: Orosur Surges 78 Percent on Anzá Acquisition

The S&P/TSX Venture Composite Index (INDEXTSI:JX) increased 1.85 percent on the week to close at 614.26 on Friday (November 29). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 0.75 percent to 25,648.00 and the CSE Composite Index (CSE:CSECOMP) rose 2.49 percent to 141.47. Statistics Canada released its third-quarter gross domestic product (GDP) data on Friday…

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Barrick Employees Detained in Mali as Mining Sector Tensions Escalate

The ongoing disputes between the Malian government and international mining companies continue to intensify as Barrick Gold (NYSE:GOLD,TSX:ABX) recently confirmed four Malian employees from its Loulo-Gounkoto mining complex had been arrested. Barrick reported on November 26 that the employees had again been detained and charged pending trial. The company stated it refutes the charges, and…

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Biden Admin Awards Intel US$7.9 Billion for Semiconductor Sector Growth

The Biden administration has announced a US$7.87 billion funding agreement with Intel (NASDAQ:INTC) under the CHIPS Incentives Program as part of its efforts to bolster the US semiconductor manufacturing industry. The award represents one of the most substantial semiconductor manufacturing investments facilitated by the CHIPS for America program. Intel plans to invest over US$90 billion…

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Nifty PFS Confirms $1,12Cm Pre-Tax NPV and 7C7kt Ore Reserve

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) is pleased to present the Prefeasibility Study (“PFS”) for the Nifty Copper Complex. The PFS confirms the economic viability of large-scale production of copper in concentrate (“Concentrate Project”) through the refurbishment and expansion of Nifty’s brownfield concentrator and accompanying new surface mine. The PFS also confirms economics of producing…

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