Aya logs high-grade, shallow silver in Morocco
New drilling by Aya Gold & Silver (TSX, NASDAQ: AYA) its Zgounder mine in Morocco has extended high-grade silver mineralization around the existing open pit and in the central part…
Precious Metals
Venezuela’s $4B gold stash closer to leaving London
Venezuela’s government and a faction of the opposition are nearing an agreement that could move about $4 billion of the country’s gold from the Bank of England to U.S. custody,…
Agnico-backed Cartier lowers Cadillac spend in Quebec gold belt
Cartier Resources (TSXV: ECR; US-OTC: ECRFF) has cut the initial cost of building its Cadillac gold project in Quebec while extending its proposed mine life, according to a new preliminary…
Newcore’s wide gold hit boosts Enchi plan in Ghana
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) has cut one of its widest and strongest zones yet at the Boin deposit in Ghana, adding higher-grade material that could improve the mine…
Luca adds 3rd Mexican property in $60M Agnico deal
Luca Mining (TSXV: LUCA; US-OTC: LUCMF) is moving to expand its Mexican footprint through the proposed $60-million (C$83-million) purchase of the El Barqueño gold-silver-copper project from Agnico Eagle Mines (TSX,…
G Mining discovers new gold deposit in Brazil
G Mining Ventures (TSX: GMIN) disclosed a new near-surface gold discovery at its Gurupi project in Brazil as it published strong drill results from its main Tocantinzinho property in the…
Lundin Gold tax fight tests Ecuador mining rules
Ecuador’s $154-million (C$215-million) tax assessment against Lundin Gold (TSX: LUG; US-OTC: LUGDF) has opened a dispute over how the country calculates the state’s share of mining benefits. The country’s Internal…
New Found Gold starts commercial output at Hammerdown mine
New Found Gold (TSX: NFGC; NYSE-American: NFGC) has achieved commercial production at its Hammerdown mine in central Newfoundland after meeting three benchmarks on a sustained basis over about two months….
Silver price surge revives Nord’s Gowganda tailings
Nord Precious Metals Mining (TSXV: NTH; US-OTC: NPMMF) has outlined 2.8 million oz. of indicated silver in historical tailings at its Gowganda project in northeastern Ontario, as elevated silver prices…
Outcrop doubles inferred silver at Santa Ana in Colombia
Outcrop Silver & Gold (TSXV: OCG; US-OTC: OCGSF) has reported more than twice the inferred and almost a quarter more indicated silver at its Santa Ana project in Colombia than…
Generation lines up $1.3B Marathon financing
Generation Mining (TSX: GENM; US-OTC: GENMF) lined up the final $340 million (US$244 million) needed to fund its Marathon copper-palladium mine in northwestern Ontario, clearing the last major financing hurdle…
Blackout at Hemlo gold mine to slow ramp-up
A temporary power outage at Hemlo Mining’s (TSX: HMMC) namesake operation in northern Ontario is curtailing underground work, slowing a planned increase in gold production. The stock plunged. No one…