US markets rise over Oct 3-7 session
The Dow Jones Industrial Average rose 571.28 points or 1.99% to 29,296.79 and the S&P 500 gained 55.04 points or 1.51% over the Oct. 3-7 trading week to finish at 3,639.66. Vale added US$1.10 to…
Copper
TSXV ekes out a gain in Oct. 3-7 trading week
The S&P/TSX Venture Composite Index gained 13.89 points or 2.3% over the Oct. 3-7 trading session to end at 608.02, after reaching an intra-week high of 623.23 on Oct. 4….
SolGold becomes sole owner of Cascabel with Cornerstone buy
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is merging with Canadian junior Cornerstone Capital Resources (TSXV: CGP) to secure a 100% ownership of the Cascabel copper-gold project in the South American…
Collective Mining grows Guayabales gold zone in Colombia
Collective Mining (TSXV: CNL; US-OTC: CNLMF) reported “robust” drilling results nearly doubling the width of the Main Breccia discovery at its Guayabales gold project in Colombia.Diamond drill hole APC-14 at…
Trevali Mining to liquidate Burkina Faso assets after deadly flood
Canadian company Trevali Mining’s 90%-owned subsidiary in Burkina Faso has filed for liquidation, effectively kicking off a gradual shutdown process that includes the disposal of all assets in the country….
Chile files sinkhole-related charges against Lundin Mining
Chile’s environmental regulator SMA filed four charges on Thursday against Lundin Mining (TSX: LUN) for a giant sinkhole that appeared in July above an underground copper mine operated by the Canadian…
Filo Mining shares rise following new drills results from Aurora zone
Filo Mining (TSX: FIL; OTC: FLMMF) has provided results for one additional drill hole completed at its Filo del Sol project in San Juan, Argentina. The hole, FSDH067, was drilled into…
Horizonte Minerals flags cost increase at Brazil nickel project
Horizonte Minerals (TSX: HZM; AIM: HZM) said construction costs for its Araguaia nickel mine in northern Brazil have increased by 12.6% to US$537 million, up from the previous US$477 million…
USGS, NASA to map southwestern United States for critical mineral potential
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral potential. The US$16-million, five-year, government-funded…
Harmony Gold expands into copper with US$230M Eva project buy
South African miner Harmony Gold (NYSE: HMY; JSE: HAR) is expanding into the coveted copper market with the acquisition of Copper Mountain Mining’s (TSX: CMMC; ASX: C6C) Eva project in Australia,…
Pebble mine stakeholders up pressure as EPA’s final decision nears on Alaska project
Opponents and supporters of Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) long-stalled Pebble copper-gold project in Alaska are stepping up pressure on the US Environmental Protection Agency (EPA) to make…
Centerra extends Mount Milligan mine by four years to 2033
Centerra Gold (TSX: CG; NYSE: CGAU) has provided an updated life of mine plan for its Mount Milligan mine located in central B.C. that would extend the open pit mining…