Riverside options Los Cuarentas gold-silver project to Hochschild
Riverside Resources (TSXV: RRI; US-OTC: RVSDF) has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining (LSE: HOC) in a deal that will see the major spend US$8…
Fast News
Alrosa halts operations after Covid-19 outbreak
Alrosa, the world’s top diamond producer by output, has idled its International underground mine for up to two weeks, after several employees tested positive for Covid-19. The Russian miner said…
Pure Gold targets year-end production at Red Lake
Pure Gold Mining’s (TSXV: PGM; LSE: PUR) Red Lake mine is expected to pour first gold in the fourth quarter of this year as development progresses ahead of schedule. The…
Alexco receives key water permit for Keno Hill
Alexco Resource (TSX: AXU; NYSE-AM: AXU) has received a draft water licence from the Yukon Water Board for its Keno Hill silver operation, and is moving forward with plans to produce…
Liberty Gold discovers third gold zone at Black Pine
Reverse circulation (RC) drilling at Liberty Gold’s (TSX: LGD) Black Pine project has discovered a third zone of oxide gold mineralization – D-3 – underneath the historic drilling boundary in…
Haywood Securities raises price forecasts for copper, nickel
In a new research note entitled, Making a Comeback, Haywood Securities’ Pierre Vaillancourt has adjusted his price outlook for copper and nickel “to reflect the improving economic conditions,” although the…
Apollo Gold to acquire First Majestic properties
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal…
Caldas Gold, Wheaton reach US$110M streaming deal
Caldas Gold (TSXV: CGC) has announced a US$110 million streaming transaction with Wheaton Precious Metals (TSX: WPM; NYSE: WPM) to expand operations at the Marmato project in Colombia. The proceeds…
Hudbay appeals court decision on Rosemont
Hudbay Minerals (TSX: HBM; NYSE: HBM) has filed its initial brief with the U.S. Court of Appeals regarding the decision made by the U.S. District Court for the District of…
Gold rises to eight-year high on ETF inflows
Gold prices continued to rally on June 22, heading toward the highest since February 2012, after massive inflows into gold-backed exchange-traded funds (ETFs) in the United States. Gold for delivery…
Silver Dollar options First Majestic’s La Joya project
Canadian junior Silver Dollar Resources (CNSX: SIL) plans to earn 80% of First Majestic Silver’s (TSX: FR; NYSE: AG) La Joya silver-copper-gold project, 75 km southeast of the city of…
ArcelorMittal considers sale of Canadian assets
ArcelorMittal (NYSE: MT), the world’s biggest steelmaker, is evaluating the potential sale of its infrastructure assets in Canada, where it has the largest and most profitable iron ore operation, as…