Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Precious Metals
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Gold comes from neutron star explosions: study
The true origins of the Earth’s heaviest elements like gold have eluded astrophysicists for decades. The prevailing scientific view is that neutron star collisions created gold and other heavy elements,…
Ireland logs strongest silver assays since Beatles Help!
Group Eleven Resources’ (TSXV: ZNG; US-OTC: GRLVF) Thursday exploration update at its Ballywire discovery returned among the highest-grade silver intercepts in Ireland in more than 60 years, the company says….
Sitka assays suggest ‘significant’ deep tonnage in Yukon
Canadian explorer Sitka Gold (TSX-V: SIG; OTCQB: SITKF) said assay results from drilling at its RC gold project in Yukon suggest the deposit could contain significant tonnage at greater depths than…
Grey Fox emerges as McEwen’s growth driver
McEwen Mining (NYSE, TSX: MUX) is banking on the Grey Fox deposit to drive production growth at its Fox Complex just outside Timmins, Ontario. McEwen plans to lift Fox Complex…
Newcore Gold rises on strong assays at Enchi in Ghana
Drilling by Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) at its Enchi project in southwestern Ghana has returned results as high as 15 metres grading 3.83 grams gold per tonne. Shares rose….
Mineros gains on Povernir build permit in Nicaragua
Mineros (TSX: MSA) has received the permit it needs to start building its underground mine at the Porvenir project in northeast Nicaragua. Shares gained 7%. Its subsidiary Hemco Mineros Nicaragua…
Revival Gold bets on Mercur, Beartrack-Arnett as catalysts in tight gold market
Revival Gold’s (TSXV: RVG, US-OTC: RVLGF) Mercur project in Utah offers a quicker route to first gold than the more developed Beartrack-Arnett property in Idaho, CEO Hugh Agro said. “It’s…
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
Lundin/BHP’s first Filo copper resource ranks Chile project among world’s largest
Lundin Mining (TSX: LUN) says an initial mineral resource estimate shows its jointly owned Filo del Sol project in Chile’s Atacama region would rank among the world’s 10 largest producing…