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A headframe at Lundin Mining's Neves-Corvo pollymetallic mine, 100 km north of Faro, Portugal. Photo by Lundin Mining

Lundin bets on exploration at Neves-Corvo

On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly owned Neves-Corvo polymetallic mine — including copper, zinc, lead, silver and gold — 100…


Workers drilling in the pit at Petaquilla Minerals' Molejon gold mine in Panama, 130 km west of Panama City. Photo by Petaquilla Minerals

Inmet bids for Petaquilla

In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…


Vista keeps growing Mt. Todd

Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for its Batman deposit at the company’s Mt. Todd gold project in Australia’s Northern Territory.


Helio gets the numbers on SMP

Helio Resource (HRC-V) looks to have a promising project on its hands . . .  especially if it can prove up the integrity of a future pit wall.


[Update] Great Basin’s great descent

Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.


Pretium lowers Brucejack’s resource estimate

Pretium Resources’ (PVG-T, PVG-N) saw total resources at its Brucejack gold-silver project in northern B.C. decrease after publishing an updated resource estimate for one of the project’s underground deposits.



Lynas Corp. inches ahead

Lynas Corporation (LYC-A) has been developing its massive rare earths project in Western Australia for more than ten years and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board brought the project one step closer…



Lake Shore closes $90M financing

Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…


El Gallo delivers Phase II feasibility

A feasibility study for Phase II of McEwen Mining’s (MUX-T, MUX-N) El Gallo project supports production of an additional five million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico. Permits to…


Toronto Stock Exchange

The S&P/TSX Composite Index went into the Labour Day weekend on a downturn as it shed 148 points to 11,949.26 for the period.


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