Seabridge updates resource for Iron Cap in BC
Seabridge Gold (TSX: SEA; NYSE: SA) has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project’s indicated resource by 460,000…
Copper
Hudbay receives final permit for Rosemont construction
Hudbay Minerals (TSX: HBM; NYSE: HBM) has received the last key permit it needs to start building its Rosemont mine in Arizona. The U.S. Army Corps of Engineers issued a…
TSX Venture falls, March 4-8: Maverix Metals, Aurania, Novo
The S&P/TSX Venture Composite Index fell 1.13% to 618.08 in the first week of March, after a strong close to February. Shares of Maverix Metals rose 36¢ to $2.69. The…
Aurania Resources finds more copper at Lost Cities–Cutucu
Gold-oriented Aurania Resources (TSXV: ARU) is finding as much copper as gold in the early innings of exploration at its Lost Cities–Cutucu project in southeastern Ecuador. In January the junior…
US markets down, March 4-8: Yamana, Goldcorp, Alamos, Kinross
The Dow Jones Industrial Average fell 2.21% to finish the week at 25,450.24, and the S&P 500 Index lost 2.20% to end the week at 2,743.07. Spot gold rose US$4.80…
TSX slips, March 4-8: Serabi, Euro Sun and North American Palladium
Canada’s benchmark index fell 0.44% to 15,996.21 to start March 2019 after a strong February. The S&P/TSX Global Mining Index rose 0.43% to 73.60, and the S&P/TSX Global Gold Index…
Crystal Lake makes copper discovery at Newmont Lake in BC
Crystal Lake Mining’s (TSXV: CLM; US-OTC: SIOCF) maiden drill program has uncovered a new copper discovery consisting of more than 20 mineralized zones at its 430-sq.-km Newmont Lake project northwest…
US markets post slight gain, Feb. 18-22: Newmont, Rio Tinto
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per…
Bristow seeks to build the world’s most valuable gold company
In a one hour and forty-five minute conference call on Feb. 13, barely seven weeks after the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources became effective…
Katanga Q4 loss on suspended cobalt sales, higher costs
Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions,…
United States Snapshot: Ten companies with projects on the go in the USA
Mining and mineral exploration in the U.S. has been on an uptick in recent years, thanks to higher gold and silver prices, and an easing in some regulatory burdens. Here’s…
Ascendant doubles resource of Lagoa Salgada in Portugal
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has nearly doubled the number of tonnes at both its North and South deposits, part of the Lagoa Salgada polymetallic project in Portugal’s Iberian…