Eclipse hits oxide gold at Hercules in Nevada
The first phase of drilling at Eclipse Gold Mining’s (TSXV: EGLD; US-OTC: EGLPF) Hercules gold project within the Walker Lane trend, 40 km southeast of Reno in Nevada, has returned…
Fast News
David Garofalo-led fund takes stake in Radisson
The Marshall Precious Metals Fund, managed and led by chairman and CEO David Garofalo, with funds from Chinese state-owned Zhaojin Mining, has taken a 3.8% interest in Radisson Mining Resources…
Electrum fund boosts stake in Nickel Creek Platinum
The Electrum Strategic Opportunities Fund has increased its interest in Nickel Creek Platinum (TSX: NPC; US-OTC: NCPCF) to 33.88% following the closure of the second tranche of a private placement….
Talisker drills high-grade gold at Bralorne in BC
Drilling at Talisker Resources’ (CNSX: TSK; US-OTC: TSKFF) 42-sq.-km Bralorne gold project in British Columbia has returned high-grade gold from new veins as well as from existing structures. Of the…
Great Bear drills more high-grade gold at Dixie
Drilling along the LP fault at Great Bear Resources’ (TSXV: GBR) wholly owned Dixie gold project in Red Lake continues to return long intervals of high-grade gold mineralization. The most…
Update: Barrick denies claims of illegal gold exports from Porgera
Barrick Gold (TSX: ABX; NYSE: GOLD) has denied claims that it sought to unlawfully export gold from the Porgera mine in Papua New Guinea that it jointly owns with China’s…
Mountain Province arranges $50M alternative diamond sale
With the diamond trade still largely shut down due to the coronavirus pandemic, Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) has found a way to bring in much-needed revenue with…
BloombergNEF forecasts 18% drop in electric vehicle sales
BloombergNEF, the primary research service for Bloomberg, is forecasting an 18% drop in electric vehicle (EV) sales this year due to disruptions to battery metals supply chains from the COVID-19…
Investors pile into gold ETFs
Gold-backed ETFs added 154 tonnes for net inflows of US$8.5 billion across all regions in May, boosting global holdings to a new all-time high of 3,510 tonnes, according to new…
Copper price rally builds on China spending
Copper advanced to a 12-week high on June 4 as China’s US$700 billion stimulus program focussed on so-called “new infrastructure” and “new urbanization” kicked into gear. Copper trading in New…
Pure Gold to restart drilling in Red Lake
Pure Gold Mining (TSXV: PGM; LSE: PUR) is starting a 30,000-metre underground and surface diamond drill program at its wholly owned PureGold Red Lake mine. The program will be focused…
Callinex discovers new silver zone at Nash Creek
Drilling at Callinex Mines’ (TSXV: CNX; US-OTC: CLLXF) 118-sq.-km Nash Creek project in the Bathurst mining district of New Brunswick has encountered a new zone of silver mineralization, 9.6 km…