Index

Iamgold (TSX: IMG; NYSE: IAG) is acquiring Quebec-focused gold explorer Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF) in an all-share, friendly deal in order to consolidate its interest in the prospective Nelligan deposit.

Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico, from 2028.

Rio Tinto (LSE: RIO; ASX: RIO) is reshuffling its interests in two Canadian projects as it seeks to focus on green energy metals such as copper.

American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut.

Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following a recent $85.7 million financing.

Chile’s Codelco, the world’s top copper producer, plans to invest an additional US$720 million ($985.6 million) revamping its century-old Chuquicamata copper mine, in an effort to stop the company’s overall production decline.

Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) has closed its recently announced overnight marketed public offering of flow-through shares priced at $8.65 each. About 1.44 million shares were sold.

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14.

Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly optimistic plans drawn up by the operation’s previous owner.

Struggling Scotgold Resources, which operates Scotland’s only gold mine, is planning to appoint administrators over the coming days as financing talks announced last month failed to attract investment.

Argonaut Gold (TSX: AR) has achieved commercial production at its Magino mine in northern Ontario after construction costs almost doubled to nearly $1 billion and led to the ouster of a CEO before a mill problem postponed output.

An updated resource for American Lithium‘s (TSXV: LI, NASDAQ: AMLI) Falchani project in Peru grows the measured and indicated totals of lithium carbonate equivalent (LCE) by 476%, according to the report released on Tuesday.