Snowline Gold posts strong economics in first PEA
Snowline Gold (TSXV: SGD; OTCQB: SNWGF) says a preliminary economic assessment (PEA) for its Valley deposit at the Rogue project in Yukon shows robust economics for what could become a…
Stock Markets/Investing
Ascot again delays Premier gold mine restart
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is placing its main Premier gold project in British Columbia, which has been delayed several times, on care and maintenance after talks broke down…
Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…
West Red Lake Gold resumes Madsen after death
West Red Lake Gold Mines (TSXV: WRLG) has resumed operations at its Madsen Mine in Red Lake, Ont., following a two-day pause triggered by a fatal incident. Operations were suspended on…
Zenith grows Dulcie gold project resource by 41%
Zenith Minerals (ASX: ZNC) says contained gold at its Dulcie Far North (DFN) project in Western Australia jumped 41% compared with the previous resource in December. The resource — all…
Silver X secures $2M from Trafigura to support Peru copper expansion
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) has secured a $2-million loan from commodities trading giant Trafigura to support the expanded production of copper from its Nueva Recuperada project in…
Magna’s Crean Hill nickel project granted $500K
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has been awarded $500,000 by the Ontario government for the company’s brownfield Crean Hill nickel-copper-platinum group metals project. The award is part of the…
BofA sees $4,000 gold price on US debt, not war
Analysts at Bank of America see gold prices reaching $4,000 an oz. — an 18% jump above current levels — within the next year due to a ballooning U.S. fiscal…
Vizsla raising US$100M to develop Panuco project
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) is raising about US$100 million ($138 million) to advance the exploration, drilling and development of its flagship Panuco project in western Mexico. The…
Trafigura backs Euro Sun’s Rovina Valley with $200M financing deal
Euro Sun Mining (TSXV: ESM; US-OTC: ESMNF) has lined up a $200-million loan package, with backing from global commodities trader Trafigura, to help finance its Rovina Valley gold-copper project in…
Greenland grants 30-year permit to moly mine
Greenland Resources (Cboe CA: MOLY; FSE: M0LY) has secured a 30-year permit for its Malmbjerg molybdenum project, a major development backed by the European Union. The open-pit mine is expected…
Maritime expands Hammerdown gold as output nears
Canadian explorer Maritime Resources (TSX-V: MAE) said drilling at its Hammerdown project in Newfoundland and Labrador identified a new near-surface gold zone with “substantial” grades. The stock jumped. Hole HDGC-25-272…