F3 Uranium drills 4.5 metres of 50% U3O8 at JR zone
F3 Uranium (TSV: FUU; US-OTC: FUUFF) shares rose on Tuesday after it reported high-grade results from the “best hole drilled to date” in the JR zone at PLN property in northern…
News
AbraSilver’s Diablillos update raises NPV by almost half
An updated prefeasibility study for AbraSilver Resource’s (TSXV: ABRA; US-OTC: ABBRF) Diablillos project in Argentina raises the after-tax net present value (NPV) by 51% and the internal rate of return…
Ero Copper boosts reserves 19% over 2023 at Xavantina in Brazil
Ero Copper (TSX: ERO; NYSE: ERO) updated its Xavantina underground gold operations in central Brazil, raising proven and probable reserves by 19% and measured and indicated resources by 26% over…
Gem Diamonds unveils Lesotho mine cost-savings plan
Africa-focused miner Gem Diamonds (LSE: GEMD) announced on Tuesday a revised life-of-mine plan for its prolific Letšeng operation in Lesotho, alongside a two-year extension to the company’s revolving credit facilities. …
Zijin takes control of Pan American’s gold project in Peru
Jinteng Mining, a subsidiary of China’s Zijin Mining Group, officially became on Tuesday the new owner of Canadian miner Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Arena open-pit mine and project…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
Second challenge to Seabridge’s KSM copper-gold project
The SkeenaWild Conservation Trust and Southeast Alaska Indigenous Transboundary Commission (SEITC) have filed a petition against Seabridge Gold‘s (TSX: SEA; NYSE: SA) KSM copper-gold mine, the latest objection to the…
Exploration activity in October was highest in a year, S&P data shows
The mining sector saw a sharp uptick in activity during the month of October, aided by an influx of significant drilling results and surge in financings, according to the latest…
Volatile gold prices push down on Aussie production
High gold prices dampened Australian production slightly in the third quarter as some miners apparently turned to lower grade stockpiled material to blend into their mill feed, according to Melbourne-based…
B2Gold says strike at Fekola mine will not impact output
B2Gold (TSX: BTO; NYSE: BTG) says that its Fekola mine complex in Mali will continue to operate at full capacity despite an ongoing strike, and there will be no impact…
Iamgold reclaims 70% stake in Côté gold mine
Côté will be Canada’s third-largest gold operation once at full tilt.
Aya pours first silver from new mill at Zgounder
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has poured its first silver from the new, expanded mill throughout the whole circuit at its Zgounder mine in Morocco, about 570…