Chile’s drought forces Antofagasta to cut copper guidance
The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes.
Fast News
North Arrow collects Naujaat bulk sample to test for fancy coloured diamonds
North Arrow Minerals (TSXV: NAR) has completed a 2,000-tonne bulk sample from its Naujaat diamond project in Nunavut, a key step toward discovering if the project has enough fancy coloured…
Unigold intersects high grade outside resource envelope at Candelones project
Drilling in a new zone to the west of the Candelones Extension deposit has yielded a 16 metre intercept grading 10.78 grams gold per tonne, 68.9 grams silver per tonne,…
New Found Gold to raise $50M for exploration at Queensway, Lucky Strike
New Found Gold (TSXV: NFG; US-OTC: NFGFF) is to issue 4.4 million flow-through common shares of the company at a price of $11.39 each to fund exploration at its Queensway…
Trevali feasibility outlines US$111M capex for Rosh Pinah expansion
Trevali Mining (TSX: TV; US-OTC: TREVF) has released a feasibility study for the expansion of its Rosh Pinah zinc-lead-silver mine in Namibia to 1.3 million tonnes per year from 700,000 tonnes…
Troilus Gold drills more high grade in Quebec
It’s only been a year and a half since Troilus Gold (TSX: TLG; US-OTC: CHXMF) began drilling in the Southwest Zone at its namesake Troilus gold project, about 170 km…
Mayfair Gold reports highest grade intercept at Fenn-Gib
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres at its flagship Fenn-Gib project in northeastern Ontario,…
Sierra Metals updates Bolivar copper-silver PEA to include iron ore
Sierra Metals (TSX: SMT; NYSE: SMTS) has updated the preliminary economic assessment for its Bolivar copper-silver mine to include production of a saleable iron ore concentrate. The underground mine and…
Australian Mines signs nickel-cobalt offtake agreement with LG Energy Solution
Australian Mines (ASX: AUZ; US-OTC: AMSLF) has announced an offtake agreement with South Korea battery manufacturer LG Energy Solution for mixed nickel-cobalt hydroxide from its 100%-owned Sconi project in North…
Bluerock shares jump on biggest diamond found at Kareevlei
BlueRock Diamonds (LSE: BRD) jumped more than 16% today after the miner announced it had found a 58.6-carat diamond at its Kareevlei mine, in Kimberley, South Africa. The stone is the largest diamond found…
Wheaton announces record revenue, cash flow and sales volume for first half of 2021
Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) announced strong results for the second quarter of the year, saying it remains on track to achieve 2021 guidance of 720,000…
Pretium on track to achieve guidance, shares jump
Company said is on track to achieve its yearly guidance despite a covid-19 outbreak that occurred at its Brucejack mine.