First Cobalt extends mineralization at Iron Creek in Idaho
First Cobalt (TXSV: FCC; US-OTC: FTSSF) has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho….
Copper
Kerr Mines targets 2020 production at Copperstone
Kerr Mines (TSX: KER; US-OTC: KERMF) expects to mine and stockpile mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year, with production starting…
US markets post slight gains: Vale, Cleveland Cliffs, Buenaventura, Franco-Nevada, Peabody Energy
The Dow Jones Industrial Average posted a marginal 0.17% gain to 25,106.33, while the S&P 500 Index ended 0.05% higher at 2,707.88. Despite a rising dollar, spot gold held above…
Balmoral extends depth of Grasset deposit in Quebec
In the first expansion drilling since 2015 on its Grasset deposit in the Abitibi greenstone belt of Quebec, Balmoral Resources (TSX: BAR; US-OTC: BALMF) has extended the known depth of…
OceanaGold forecasts similar production, slightly higher costs
OceanaGold (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 oz. of gold and 14,000 to…
Casa poised to progress Keaper and Pitman polymetallic projects
Casa Minerals (TSXV: CASA) has optioned its Keaper polymetallic project — 15 km northeast of Terrace, B.C., less than 5 km from the company’s flagship Pitman polymetallic project — to…
Glencore expects higher copper production in 2019
Commodities giant Glencore (LON: GLEN) has reported production figures for 2018 and confirmed 2019 guidance that implies a 14%-year-on-year increase in copper-equivalent production. Copper production reached 1.45 million tonnes in…
Lumina confirms deposit at Gran Bestia
Lumina Gold (TSXV: LUM; US-OTC: LMGDF) has announced drill results from the Gran Bestia zone at its Cangrejos gold project in Ecuador that, along with drilling by the property’s previous…
AME Roundup: Rio Tinto on the lookout for BC porphyry deposits
VANCOUVER — British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world…
Ivanhoe drills Kamoa-Kakula’s best intersection to date
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has drilled what it’s calling an “unprecedented” intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397-sq.-km Kamoa-Kakula…
US markets rise, Jan. 21-25: Yamana, Iamgold and Freeport McMoRan
The gold price rose 1.66% to US$1,302.60. The Philadelphia Gold and Silver Index rose 4% to 71.17, and the Dow Jones Industrial Average rose 0.12% to 24,737.20. The S&P 500…
TSX posts marginal gain, Jan. 21-25: Royal Nickel, Endeavour Mining, SSR and Barrick
The S&P/TSX Composite Index rose 0.41% to 15,366.05. The S&P/TSX Global Mining Index gained 1.71% to 68.54, while the S&P/TSX Global Base Metals Index fell 1.03% to 107.44. Spot gold…